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ARTICLE · 01 JULY 2014

Companies Bill 2012 – Key Changes

Dillon Eustace
Dillon Eustace
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Dillon Eustace

Dillon Eustace

Dillon Eustace is one of Ireland’s leading law firms focusing on asset management and investment...

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Publication of the Companies Bill 2012 by the Minister for Jobs, Enterprise and Innovation represented a significant reform of Ireland’s company law regime.

IrelandCorporate/Commercial Law

INTRODUCTION

Publication of the Companies Bill 2012 (the "Companies Bill") by the Minister for Jobs, Enterprise and Innovation on 21 December 2012 represented a significant reform of Ireland's company law regime.

The Companies Bill will consolidate, reform and amend existing company law legislation. We have set out below some of the key innovations of the Companies Bill.

Dillon Eustace will provide regular updates and briefing sessions on the Companies Bill as the effective date becomes closer. It is expected that the effective date of the Companies Bill will be in early 2015 with a transition period for certain elements of 18 months.

UPDATED REQUIREMENTS

The Companies Bill once enacted will impact every Irish company together with all directors and shareholders. The key changes under the Companies Bill include:

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