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Annual Corporate Compliance

All companies must prepare statutory financial statements on an annual basis as required by the Companies Acts. In the case of limited liability companies, financial statements, or an abridged version thereof, must be filed in the Companies Registration Office (the “CRO”) along with the company’s annual return each calendar year.

Companies that meet specific criteria can avail of audit exemption from having their financial statement audited. However, this does not in any way diminish the director’s responsibility to prepare and file financial statements in accordance with the Companies Acts.

There are onerous responsibilities on the directors of a company to both maintain proper books and records and to comply with Company Secretarial duties on an ongoing basis.

Colleran Chartered Accountants will ensure that your company complies with all legal and regulatory requirements in an efficient and timely manner. We electronically monitor all companies for which we act to ensure that all company filing deadlines are met.