The Companies Act 2014 sees the return of the requirement for an annual compliance statement in the directors’ report.
Who does it apply to?
The compliance statement requirement only relates to all public limited companies and private limited companies which, in the given financial year, had a balance sheet total greater than €12.5 million and turnover greater than €25 million. The obligations do not apply to unlimited companies regardless of its financial scale.
To find out more, download BDO's Companies Act Compliance Policy Statement Document.
Subscribe to receive the latest BDO News and Insights
Please fill out the following form to access the download.