Running a company in Ireland comes with many responsibilities and compliance with Irish company law is one of the most critical. Company secretarial work, often seen as routine, is vital for protecting your company, directors and future growth by ensuring corporate governance obligations are met.
The latest annual review of the Corporate Enforcement Authority (CEA) outlined that 10 directors in Ireland were disqualified specifically for allowing their companies to be struck off for failure to file the required returns with the Companies Registration Office.
Partnering with an experienced secretarial firm, like KomSec, helps businesses stay compliant with the Companies Acts and other regulations. A professional team ensures all filings are made on time in the Companies Registration Office and that statutory registers and records are accurate. This means companies can avoid penalties, loss of audit exemptions or (in a worse case scenario) director prosecutions by the CEA.