In the context of the measures taken by the Government to support companies / businesses affected by the restrictive measures imposed to limit the spread of Coronavirus, the Department of Registrar of Companies and Official Receiver announced the following:
- Submission of Annual Reports Due: The publication in the Official Gazette of the Republic three months prior to the deregistration of non-compliant Companies is suspended until January, 2021.
- Payment of the Annual Levy of €350:
The deadline of annual levy payment for 2020 is extended until 31st of December 2020, without the usual additional charge of 10% and 30%.
- Penalty for the late submission of documents:
The implementation of penalties for late submission of statutory forms to the Department will be postponed to 2021.
- Submission of 2020 Annual Report:
The Annual Report dated between 01.01.2020 – 31.12.2020 may be submitted to the Registrar until 28.01.2021, without the charge of €20 on late submissions. Due to the adjustments that need to be made to the Registrar’s system, it is recommended that the Companies intending to submit their late Annual Report 2020 now, should await a new announcement from the Registrar of Companies.