Court Application to Extend ARD €1250

If you missed your Annual Return deadline with the Companies Registration Office (CRO) your company will be subject to an immediate late filing fee of €100 with a further €3 per day for every day thereafter, up to a maximum of €1,200.

Your company will also lose its audit exemption and will be obliged to have its financial statements formerly audited, for a two year period. This results in higher accounting costs and greater scrutiny of your  company accounts.

Alternatively, we can apply to the District Court on your behalf for an Order to extend the time for submission of the annual return. We will charge you a fee for our work €1,250.

District Court Application Procedure:

• You will need to complete our order form;
• We will then make an application to the Court to receive a date for the hearing;
• We will serve the  Affidavit and Notice of Motion on the Companies Registration Office who in turn, will release their Letter of Consent;
• The Affidavit and Declaration of Service will be filed before the Court Date; and
• When the Order is granted, it will be filed with the Registrar of Companies and your company will have 28 days to deliver the Annual Return/s and Accounts to the CRO.

When you submit your company’s annual return to the CRO within the extended time period specified by the Court, the annual return will be deemed to have been delivered on time and the late filing penalties will not apply and your company will avoid losing its audit exemption.

However, if you have missed your company’s first six months annual return, we recommend you pay the CRO fine and not go through the expense of applying for a Court Application to extend your ARD. We have assisted in making many, successful, applications to the District Court.

For more information on the District Court Application or to proceed with an application, please do not hesitate to contact us on +35316283177 or email info@setupyourcompany.ie for free consultation.