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Business as Usual (almost) – Covid-19 (Coronavirus)

Posted in Category(ies):  Latest News

Like everyone KomSec Limited is working around the impact of Covid-19 on business life. 


Standard company secretary work, e.g. managing Company Registers, and filing statutory forms continues as usual.  However, we are noticing clients becoming more cautious about formal gatherings be they seminars, workshops or board meetings.


To help manage these concerns KomSec Limited are facilitating clients by:

o   increasing conference calls instead of client visits;

o   virtual attendance at Board Meetings (mainly via Skype and Teams); and

o   have set up systems so that our staff can work from home if required.


Safeguarding the health of our staff and clients is naturally paramount but, if there is anything we can do to help support your Company please let us know.


Stay well and good luck as we all continue to adapt to this evolving situation. 


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Posted on Thursday, 12 March 2020  |  By Kathryn Maybury  |  0 comments
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Key Dates 2019

Posted in Category(ies):  Latest News




January 2019                                           

01.01.2019                                                New Year’s Day - last chance to relax before going back to work

01.01.2019                                                PAYE Modernisation

02.01.2019                                                Relax, you are one of the few people actually back at work

08.01.2019                                                Earth Rotation Day – commemorating Leon Foucault who determined Earth rotated on its axis in 1851.

                                                                Keep spinning!

28.01.2019                                                Global International Data Protection Day – yes more GDPR!

January                                                     Make sure you have set up dates for all quarterly board meetings during 2019


February 2019

01.02.2019                                                CAO applications deadline

02.02.2019                                                Six Nations Rugby England V Ireland



March 2019

17.03.2019                                                St. Patricks Day - one day in the year when everyone is happy to be seen in public with green face paint

                                                                and Shamrock Hats!

21.03.2019                                                Local Property Tax deadline – if paying full amount in one go.

3.03.2019                                                  Mother’s Day – do not give her flowers bought at the petrol station on the way home!

March                                                        Quarterly Board Meeting


April 2019

21.04.2019                                                Easter Day

22.04.2019                                                No groaning – you knew what you were doing when you eat all those chocolate Easter eggs

April                                                          Audit – make sure someone is actively managing the Audit which includes telling the Auditors!


May 2019

06.05.2019                                                Bank Holiday - May Day

09.05.2019                                                Europe Day


June 2019

03.06.2018                                                Bank Holiday

16.06.2018                                                Father’s Day

June                                                         Quarterly Board Meeting


July 2019

01.07.2019                                                International Kissing Day – why, what’s wrong with kissing every day?

02.07.2019                                                UFO Day – that’s more like it, bring it on ET!  


August 2019

04.08.2019                                                Single Working Women’s International Day 

05.08.2019                                                Bank Holiday


September 2019

30.09.2019                                                Annual Return Date for bulk of companies – panic or call us!

September                                                Quarterly Board Meeting


October 2019

28.10.2019                                                Annual Return – deadline for electronic filing

28.10.2019                                                Bank Holiday


November 2019

11.11.2019 – 15.11.2019                            Charity Trustee’s Week

23.11.19                                                   Pay first payment of Corporation Tax


December 2019

24.12.2019                                                Santa Claus is coming – go to bed

25.12.2019                                                Make sure the oven is on, and the turkey is in!

December                                                 Quarterly Board Meeting



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Posted on Tuesday, 8 January 2019  |  By Kathryn Maybury  |  0 comments
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New Customer Portal in the Registry of Friendly Societies

Posted in Category(ies):  Latest News

New Customer Portal in the Registry of Friendly Societies


The Registry of Friendly Societies (RFS) is responsible for the efficient and effective registration and general regulation of over 1,000 Friendly Societies, Industrial and Provident Societies and Trade Unions in Ireland.

The RFS first foray into an online presence occurred in 2012 so, the launch this month of a new customer portal is a timely and welcome enhancement to all users.  The portal will enable a substantial level of business to be carried out online such as:

  • creating a new entity; and
  • filing Annual Return and amendments.

Apart from the ease of online filing, Users will be able to avail of reduced fees for online filings.  Quite how valuable the reduction of fees will be to Users is questionable given the total average annual filing fees paid to the RFS appears to hover around €46,000 to €50,000 per annum.  As my Grandmother always said “Every mickle makes a muckle” so, improving filing capabilities whilst also providing for some cost savings can only be a good thing.

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Posted on Tuesday, 20 November 2018  |  By Kathryn Maybury  |  0 comments
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books of account

Posted in Category(ies):  Latest News


All companies are required to keep adequate accounting records but, what precisely does “adequate accounting records” mean?


Adequate accounting records are records which:

  • correctly record and explain transactions of a company;
  • detail assets, liabilities, financial position, profit or loss of a company; and
  • enable directors to prepare annual financial statements.


The type of information which must be contained within the accounting records should cover information such as outlined below.

  • All monies received and spent
  • All assets and debts
  • All purchases and sales
  • Records of stock held
  • Records of services purchased or provided
  • Record of all goods bought and sold, including a record of itemised invoices


Time is money so, handling all of the above personally may not be the most cost effective option for a company. 


-          having a qualified book-keeper (part-time or full-time)

-          retaining information in a simple format - does not have to be a costly bespoke piece of software.

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Posted on Tuesday, 6 November 2018  |  By Kathryn Maybury  |  0 comments
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Ireland, Right Place Right Time - Support from the IDA

Posted in Category(ies):  Latest News



Ireland itself is seen to be in the top ten countries in the world for innovation with the highest population of Science and Engineering Graduates in the OECD. 

Companies considering Ireland as a potential location will have no difficulty amassing substantial information on the benefits of locating and working in Ireland.  The challenge is to find an efficient way through that labyrinth of seemingly contradictory material.

One of the first ports of call should be the IDA – Ireland’s inward investment promotion agency – which actively promotes and support Foreign Direct Investment into Ireland. The IDA will help companies considering setting up or investing in Ireland by facilitating Site visits, access to Universities, provide Advice, etc.

Apart from having IDA contacts in Ireland itself, the IDA has representatives around the world ensuring decision makers in Global Head Offices can access onsite visits and clear data on the benefits of locating in Ireland.

 The IDA highlights some interesting facts on businesses located in Ireland, and reasons why.

  • 17 of the top 20 global software companies
  • 14 out of 15 top medical tech companies
  • 20 out of 25 top financial services companies
  • 10 out of 10 top pharma companies
  • 8 out of 10 top industrial automation companies
  • 9 out of 10 top global software companies operate in Ireland
  • 3 of 5 top games publishers based in Ireland
  • 25% tax credits for Research & Development

Do not take our word for it, visit the IDA website and see for yourself.

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Posted on Tuesday, 23 October 2018  |  By Kathryn Maybury  |  0 comments
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