Implementation of the new efiling system at the Companies Registration Office (CRO)
Members will be aware of our successful submission at the end of the summer requesting that the CRO postpone the implementation of their new e-filing system to December.
The CRO have now announced their implementation plans which incorporate almost a week of closure and restricted services from Friday 11 December to Wednesday 16th inclusive. While this closure is less than ideal, we will have to accept that this decision is in the best interests of a smooth implementation.
While there is no ideal time to do this, we understand that the rationale is that December is traditionally a quiet month for filings and given that companies with an ARD of 30th September – 31st December were granted an extension to file until 26th February, the CRO are going to use this opportunity to go-live with minimal disruption to presenters as possible.
Key cut off dates in December (as taken directly from the CRO website)
07 December 2020 - Cut Off Date for the receipt of signature pages
10 December 2020 - Cut Off Date for the receipt of electronically signed C1/C1A/C1B/F8/F8A/F8Bs*
11 December 2020 - CRO will begin transition period to new system
16 December 2020 - CRO Go-Live
16 December 2020 - Legislation to facilitate the “56 day” timeline for filing B1 Annual Returns will come into force.
- Signature pages received after the cut-off date will not be accepted and forms will need to be re-filed with the new system post go live.
- Manual documents can continue to be delivered as normal and will be processed in due course.
*Information in relation to charges If you intend to file a C1 or F8 during the period that the CRO is closed, we would suggest that a C1A/F8A is filed in advance to give notice of the intent to create a charge. File a Form C1A (notice of intention to create a charge), followed within 21 days by Form C1B (confirming the creation of the charge) This will secure priority from date of filing of the Form C1A.
- Please ensure that C1/F8’s and C1A/F8A’s are filed before the CRO shuts down if their 21- day period falls during the time that the CRO is closed.
- There will be no facility for paper C1/C1A/C1B’s, F8/F8A/F8B’s during shut-down period.
- Manual documents for C6/C7/C17’s can still be delivered to the CRO during the shut-down period, however, they will not be received and processed until post ‘Go Live’. These forms will also go online at a later date which CRO will advertise presently.
- The overall process for filing C1/C1A/C1B’s, F8/F8A/F8b’s will not change.
- If you have any queries relating to Mortgages you can contact cro.mortgages@enterprise.gov.ie
Finally, with regard to summary approval filings, our understanding is that these forms can still be sent to the appropriate dedicated email addresses.
Further updates from the CRO will be on Twitter: @cro_ie and LinkedIn: linkedin.com/company/cro-ireland and https://www.cro.ie/About-CRO/Whats-New/CRO-New-System-Updates
