The main and most pressing development in corporate governance in Ireland is
the upcoming requirement of the Company's Registration Office, or the CRO, that
certain forms which currently can be filed either electronically through the
CRO's core software platform or by hard copy may only be filed electronically.
This will come into effect on the 1st of March 2022 and will cover forms such as
the Appointment of Liquidators Receivers but also and more commonly for companies
those forms which are filed when passing either special
or ordinary resolutions of the members.
So any companies who are likely to need to file those forms before 1st of March
who would prefer to file them by hard copy should do so before that date.
The second development will be brought in by
the Company's Corporate Enforcement Agency Act 2021,
which while it has been signed into law is not yet commenced.
And that development is that when companies file certain forms such as
incorporation forms for companies, annual returns which every company
must file yearly or forms for changing directors or changing
directors particulars must be accompanied by the director's PPS number which is the
local Irish tax number or the equivalent tax number where the director in question
is not an Irish resident or otherwise do not have a PPS number.