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