Company Statement of Particulars
Statement of Particulars to be supplied by new companies
Under section 882 of the Taxes Consolidation Act 1997, every company which is incorporated or begins a trading activity in Ireland must give a Statement of Particulars to Revenue. This must be done no longer than 30 days after the company begins trading.
A Statement of Particulars is also required where:
- there is a material change in information given in their previous Statement of Particulars
- a Revenue inspector gives the company notice that they require such a statement.
These statements must be provided within 30 days of the change or the request.
If a company fails to submit the Statement of Particulars, the Registrar may then begin the strike-off process, under Section 726 of the Companies Act 2014. The company and the secretary are both liable for penalties, under Section 1073 of the Taxes Consolidation Act 1997.
If the company has not traded and does not intend to trade, they should contact the Companies Registration Office (CRO) and request to be struck-off the register.
If the company has begun trading and we are acting as the registered agent, we may use Revenue’s eRegistration facility to register the company for:
- Corporation Tax
- Pay As You Earn (PAYE) for employers
- Pay Related Social Insurance (PRSI) for employers
- Value Added Tax (VAT).
Alternatively, the company may complete a Form TR2 and return it to their Revenue office.
If the company receives a notice from an inspector requiring them to complete the Statement of Particulars enquiry form online. They will need the CRO Number and the Security Access Number provided on the enquiry letter to access the form.