The Companies Bill 2012 will be enacted before the end of December 2014 and commences in June 2015. There are significant changes coming up which will be relevant to businesses.
The focus of this workshop is on the practical implications, to help participants prepare for the legislation, de-mystify the requirements and to illustrate how small companies will benefit from the changes.
The Companies Bill was signed into law by President Higgins on December 23rd, and will be commenced on 1st June 2015. There will be a transition period of 18 months and existing companies will need to consider conversion within this period. The Act consolidates all existing Irish company law into one model code of company law and introduces some welcome reforms for Irish companies – in particular SMEs.
AIMS AND OBJECTIVES
This workshop is aimed at arming SME’s with the knowledge they need to manage the transition from existing law to the new framework. It is a practical overview delivered in sensible and user friendly terms and open to all business owners.
The Companies Act 2014 is the biggest and most significant piece of legislation for Irish Businesses. At the heart of the reform was “The Think Small First” principle requires that legislation takes SMEs' interests into account in order to make legislation more SME friendly.
The workshop is focused on ensuring SME’s can take advantage of important benefits to small businesses by providing them with the knowledge and reassurance that they can handle the impact of this mammoth change.
Overview of the Bill
- Main Features of the Bill
- Top 10 Changes
Practical Implications for Small Private Companies
- 2 New Model Company Types CLS & DAC
- New Reforms
- Conversion Options for all small business
- How to convert to CLS or a DAC
1/2 Day 9.30 – 1:00pm
€10 - This clinic is subsidised by Local Enterprise Office Westmeath
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