DFX Accounting Services offers a comprehensive company secretarial service for SMEs. Compliance is now strictly enforced by the Companies Registration Office (CRO). A late filing penalty of €100 becomes due in respect of an annual return on the day after the expiry of the filing deadline with a daily penalty amount of €3 accruing thereafter, up to a maximum penalty of €1,200 per return.
If a company’s annual return for the current year or the previous year was not filed on time, the company cannot avail of the audit exemption. In addition, a company may be struck off the register and dissolved for failure to file an annual return. If a company is struck off, the assets of the company become vested in the Minister for Finance, and if the business continues to trade, the owners will no longer enjoy the benefit of limited liability and so are personally responsible for any debts incurred so long as the company remains dissolved.
DFX Accounting Services ensures that the annual return is filed on time and that the AGM and other company meetings are properly convened with minutes taken. We can provide the following company secretarial services:
Principal: Damian Hampson BComm, FCA