We would like to bring to your attention that the deadline for filing the e-register of beneficial owners is fast approaching. The Business Registration Service issued a press release dated 27th January 2021 extending the deadline to 31st July 2021.
The requirement directs all registered businesses whether dormant or trading to keep and file a register of its beneficial owners within 30 days of preparation. This is in line with section 93A of the Companies Act and the Companies (Beneficial Ownership Information) Regulations, 2020.
Where a Company fails to comply, each Officer of the Company commits an offence and on conviction are each liable to a fine.