Jurisdiction: Republic of Ireland
Commencement: 12th November 2024
Amends: Companies Act 2014
Mini Summary
The Companies Act 2014 sets out that company directors must comply with requirements when forming, operating and restructuring companies, including reporting on environmental sustainability. The Act consolidates previous laws, providing a single piece of primary legislation governing company law in Ireland.
Duties
Various duties apply and are available to view on the Legislation Update Service.
Amendment
Procedural and technical changes are made, including:
- specifying the circumstances when a company is not entitled to an audit exemption; and
- expanding the grounds under which companies may be prosecuted or struck off.
This update has no direct relevance to environmental matters.