Services

Specialist transaction advice

Incorporating companies

Our team incorporate companies to suit our client’s needs. We can advise on the appropriate type of company e.g. a private limited company, a single member private company, an unlimited company, a company limited by guarantee and not having a share capital or a public limited company, as the case may be.

How we can help

We can advise on the proposed name and will check it's availability, the objects clause and a suitable capital for the company, as well as an appropriate form of Articles of Association to govern the company. We subscribe to the Fe Phrann scheme operated by the Companies Registration Office, which facilitates the faster incorporation of a private limited company, usually within ten working days after the documentation has been filed in the Companies Office. Following incorporation, we will arrange for the statutory Registers to be written up, a company seal obtained and if appropriate, for the necessary share certificates to be issued.

Our team can provide the following services:

Company formations
Our team can incorporate new entities in a timely and efficient manner, and can also provide registered office facilities where necessary.

Corporate simplification
We will undertake a review of your current corporate structure and provide you with a plan to minimise costs through corporate simplification.

Corporate restructuring
Corporate simplification and restructuring is more than simply identifying dormant companies and eliminating them from the family tree; it is about optimising the group structure, reducing the number of companies and ensuring that those left have the resources to operate, and doing all of this in a tax efficient manner. We have delivered corporate restructuring projects to a significant number of large multi-national groups, with a proven track record of reducing costs, generating value for money and delivering seamless and professional results.  Working closely with our colleagues in Audit and Tax we can provide a seamless solution to all your restructuring requirements.

Company re-registrations
From time to time Companies wish to re-register from one company type to another we can provide you with the documentation to effect same in a timely and efficient manner.

Implementation of share class rights
Be it the introduction of new investors or a re-structuring of the company we can assist you with the required documentation to change the share capital together with the related share rights 

Constitutional changes
From time to time companies need to amend their constitution. We can advise on same in addition to providing you with the required documentation to implement the changes

Non-disclosure information structures
In a typical non-disclosure structure, non EU companies are used to circumvent the disclosure requirements (in respect of financial statements) arising due to the provisions of the European Communities (Accounts) Regulations, 1993 (the "Regulations"). In short, if the COMPANY (directly or indirectly) has a member which is an unlimited company governed by the laws of the jurisdiction (which is not a Member State for the purposes of the Regulations), it will fall outside both of conditions contained in the Regulations which require unlimited companies to disclose their accounts. You should be aware, however, that the legislation is very tortuously drafted and it is foreseeable that the Registrar of Companies would not agree with this interpretation.  There have been rumours over the last 2/3 years that the Government were looking at closing out this rule.  Should you require assistance with the implementation of such a structure please contact us.

Statutory health checks
A simple corporate health check around three key areas (CRO filings, minutes and registers) can make all the difference for ensuring your company remains up to date in today’s compliance focused environment.  With the assistance of our tailored Health check you can ensure that you are compliant with the requirements of the Companies Act. (Find out more)

Balance sheet clearance
It is our experience that corporate groups have in the past  incorporated entities for specific projects which are now complete and therefore that specific entity has become redundant.  Our team can examine the current financial status and together with our colleagues in other specialised services, devise a plan to efficiently remove that entity from the group.

Voluntary strike off
Unwanted companies which are free of assets and liabilities can apply to the Registrar of Companies for voluntary strike off, we will guide you through this process.

Annual compliance for branches/external companies
We can assist with the preparation and filing of branch financial statements which are required to be filed with the Companies Registration Office on an annual basis. We also work closely with our Tax department in relation to the registration of branches.

 

Irish Company Secretaries group

Deloitte are pleased to host the Irish Companies Secretaries group. The Irish Company Secretaries Group is a membership group for any professional appointed to the office of Company Secretary, irrespective of their qualification.  Members may be ICSA qualified Company Secretaries, accountants, solicitors or compliance professionals.

The aim of the group is to provide a forum for those appointed to the office of Company Secretary to keep up to date with changes in compliance and regulatory matters and to create a network of people to foster information sharing and support.

The Irish Company Secretaries Group currently organise two evening briefings per year updating its members on company law, corporate governance, regulatory matters and other relevant topics.   For further information please contact icsg@deloitte.ie

Related topics