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Companies Act 2014

The Company Law Review Group has devoted the majority of its efforts, since its establishment in 2001, to advising the Minister on the preparation of the general scheme of the Companies Bill 2012, making recommendations for inclusion and working towards the eventual enactment of the Companies Act 2014.

The Companies Act 2014 (No.38 of 2014) was signed into law by the President on 23rd December 2014. The Companies Act 2014 came into effect on 1 June, 2015.

The Companies Act 2014 repeals and replaces the Companies Acts 1963 – 2013, restructuring and consolidating the provisions of those Acts, together with several Regulations, into a single coherent Act. It also introduces a number of important reforms, designed to make it easier to operate a company in Ireland.  Set out in 25 Parts, 1,448 sections and 17 Schedules, the Companies Act, 2014 provides for a number of different company types and provides for company incorporation, everyday administration and management, to winding up and dissolution. The Act incorporates the rights and duties of its officers, shareholders and members as well as creditors.

The Companies (Accounting) Act 2017 (No. 9 of 2017) was passed by the Oireachtas and commenced on 9th June 2017 (with the exception of section 80). It amends much of Part 6 (Financial Statements, Annual Return and Audit), inserts a new Part 26 (Payments to Government) and makes changes to some sections throughout the Act.

The Companies (Amendment) Act 2017 (No. 13 of 2017) which amends section 279 of the Companies Act 2014 was passed by the Oireachtas and commenced on 18th July 2017.   

For general information on the Companies Act 2014 and what changes are required for companies, the Companies Registration Office has extensive information available its website www.cro.ie.

The Department of Business, Enterprise and Innovation's website hosts a comprehensive list of secondary legislation published under the Companies Act 2014 and other related material such as quick guides and summaries.

The Law Reform Commission has undertaken an administrative consolidation of the Companies Act 2014 bringing together all amendments and changes to the Act to make the law more accessible for all users. 

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Our Mission

The goal of the Company Law Review Group is that Ireland should have an efficient world-class company law infrastructure. To that end, the Review Group seeks to promote enterprise, facilitate commerce and encourage commercial probity.