Filing of Irish Company Accounts

Accounts must be annexed to the second and subsequent annual returns. The financial year end of those accounts must be no earlier than nine months prior to the date of the annual return. To comply with that requirement it may be necessary to change your company’s ARD.

A checklist on Form B1 (annual return) lists all the documents which are required by law to be attached to the annual return of a limited company. These documents include:

  • Copy of the balance sheet
  • Copy of the profit and loss account
  • Copy of the directors’ report and
  • Copy of the auditor’s report

The level of information given in filed accounts varies with the size of the company and are prepared as small, medium or large which is determined by employees and turnover.

The accounts are required by law to be audited and to cover the period, in the case of the first annual return to which accounts are annexed, since the incorporation of the company and in any other case, since the end of the period covered by the accounts annexed to the preceding annual return filed with the CRO, and must be made up to a date not earlier by more than nine months than the date to which the annual return is made up to.

Accounts filed with the Companies Registration Office are available for public inspection.

Audit Exemption

Certain exemptions from these requirements are available to small and medium sized companies as defined by the Companies Acts 1963 to 2013.

Companies Limited by Guarantee do not qualify for audit exemption.

Irish Company Order Irish Company Namecheck
Ireland Key Points
  • Only 2 to 3 days to incorporate.
  • Directors can be of any EU nationality.
  • Only 1 shareholder required.
  • 100% overseas shareholders allowed.
  • Equal treatment for domestic and foreign shareholders.
  • No obligation requiring Irish participation in the management of your company.
  • Share Capital requirement is only €100.
  • Exemption for 3 years from Corporation Tax if your taxable profits are less than €320,000.
  • Low Corporation Tax of 12.5%.
  • We are members of the Irish Companies Registration Office electronic filing scheme.
  • We provide you with full expert assistance throughout every step of the company formation process.