The Registrar of Companies will impose administrative penalties on late filings as from 18 December 2019.
Annual Returns
The penalty to be applied for late filing of Annual Returns is:
• €50 plus
• €1 for each day of delay for the first 6 months
• €2 for each day of delay after the 6 months.
• The maximum penalty for each annual return is €500.
Therefore all companies which by 18 December 2019 have not yet prepared audited financial statements for all years up to 2018 and as such have not yet filed annual returns for all years up to 2019 will be subjected to this administrative penalty.
Other forms
A penalty will imposed for the late submission of the following forms:
• Change in registered address,
• Change in directors,
• Change in directors’ occupation and addresses,
• Allotment and transfer of shares.
The penalty to be be applied for the late submission of the above forms is:
• €50 plus
• €1 for each day of delay up to the maximum total penalty of €250 per relevant form.