This Director Factsheet is courtesy of McCann FitzGerald
The Companies Act (the “Act”) came into effect on 1 June 2015. The Act introduced significant reforms in company law in Ireland. While restating much of the previous law relating to company administration, the Act also provided for a number of significant changes. This briefing provides an overview of the principal changes that came into force with the Companies Act 2014 that are relevant to Irish companies and, in particular, the private company limited by shares with a share capital (an “LTD”) and the designated activity company (a “DAC”).
Please note this briefing was drafted when the Companies Act came into effect in 2015, and was revised in September 2020. It does not cover the Covid-19 temporary changes in company law, please view this factsheet for information on these changes: COVID19: New Changes to Company Law.