Castle Company Formations

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Articles by Castle Company Formations

What is the ARD?
The ARD (Annual Return Date) is the date on which a company is obliged to make a B1 form return to the Company Office outlining the status of the company.

The B1 form must include details of Directors, Company Secretary, Shareholders, postal address and financial state of the company.

The date for the B1 Annual Return is assigned to every company on incorporation and the first B1 (no accounts required) is due six months after incorporation. Companies registered in Ireland prior to 2002 were assigned an annual return date when the new system was implemented.

Lodgement of B1 annual return made up to a date before the assigned ARD moves the ARD closer to the financial year end for the future unless the correct box is ticked.

The ARD may not be more than 9 months after the financial year end. Moving the ARD closer to the financial year end date is simply a matter of lodging the annual return at an earlier date. Extending the ARD may be carried out on one occasion only by lodging a form before the designated ARD expires. Extension is not permitted in order to avoid late payment fines (1200 max per annual return)

Extending the ARD may be carried out on one occasion only by lodging a form before the designated ARD expires. Extention is not permitted in order to avoid late payment fines (1200 max per annual return)

What is the Company Secretary?
The Company Secretary is an officer of the company charged with the responsibility for compliance. The Office of the Director of Corporate Enforcement www.odce.ie can provide you with a useful information book.