OrbitaxIreland Companies Act 2014 Company Form Changes
|Approved Changes|Ireland
The Ireland Companies Act 2014 was signed into law on 23 December 2014. The 2014 Act replaces the Companies Acts 1963-2013, but has not yet commenced and companies still operate under the Companies Acts 1963-2013. It is expected that the 2014 Act will commence in June 2015.
In general, the new Act restates existing law, although several areas are streamlined including governance, legal capacity and mergers. One of the main changes is the introduction of two new company forms, LTD (Private co…