Company Secretarial Services

Professional Secretarial Services

At Lewis & Co., we offer comprehensive company secretarial services to ensure your business remains fully compliant with Irish company law. Our expertise extends to:

• Liaising with the Companies Registration Office (CRO): Managing all necessary communications and filings.
• CRO Filings & Compliance: Preparing and submitting annual returns, director changes, and other statutory filings.
• Company Formation: Assisting with the setup of new companies, including registration, constitution drafting, and directorship requirements.
• RBO Register Compliance: Ensuring compliance with the Register of Beneficial Ownership (RBO) by filing and maintaining accurate records.
• Maintaining Statutory Registers: Keeping track of company records, including directors, shareholders, and company secretaries.
• Advisory on Corporate Governance: Helping businesses stay compliant with ongoing legal obligations.

In addition to these services, we also assist with share redemptions, share buybacks, and company strike-offs.

Share Redemptions and Buybacks:

Under Irish law, companies can acquire their own shares through redemptions or buybacks, subject to specific conditions:

• Redemption of Shares: Companies may issue redeemable preference shares, which can be redeemed out of profits available for dividends or the proceeds of a fresh issue of shares made for the purpose of the redemption.
• Share Buybacks: Companies can repurchase their own shares, provided they have sufficient distributable profits and comply with the procedures outlined in the Companies Act.

These mechanisms can be utilised for various purposes, including succession planning, dispute resolution, or returning capital to shareholders. They allow for tax treatment at capital gains tax rates.

Company Strike-Offs:

If a company is no longer trading or has ceased operations, it may be eligible for a strike-off from the CRO register. This process involves the removal of the company from the register, effectively dissolving it. We can guide you through the necessary steps and arrange for the company to be dissolved in an orderly manner, protecting you from penalties and additional costs.

The Importance of Maintaining Accurate Records:

Maintaining accurate and up-to-date company records is essential for compliance with Irish company law and the efficient operation of your business. Proper record-keeping not only ensures legal compliance but also provides a clear picture of your company’s financial health and governance.

Whether you’re a startup, an established business, or restructuring your company, Lewis & Co. provides the expertise to keep your company’s statutory obligations in order. We have seen many company sales where the share registers have not been properly maintained and this can cause a lot of difficulty.

Contact us today to discuss how we can support your business with our company secretarial services.