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.
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.
*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.
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