04/05/2016

04/05/2016

Companies Act 2014: Disclosure of Directors’ Addresses

legal-1302034_1280 It is now possible in certain instances for a company director not to have to disclose their usual residential address on a form submitted to the Companies Registration Office (CRO). This process is outlined under Section 150 (11) of the Companies Act 2014.

The following key points should be noted in this regard:-

  1. An exemption granted will only take effect from the date that the application is registered by CRO and would only apply to information submitted on forms to the CRO after this date. It is important to note that forms previously submitted to CRO cannot be withdrawn or amended as part of this procedure.
  2. In cases where company officers are successful in their application, they will be permitted to enter the registered office address of the company on future submissions to CRO rather than disclose their own residential address. Furthermore, the company’s own statutory registers can be amended to remove the directors’ usual residential address.
  3. Where the application is successful, the company officer is from that point onwards themselves responsible for the non-disclosure of the usual residential address. CRO will not amend residential addresses on forms submitted to them for processing.
  4. As was previously the case, all other relevant information for the company director must be supplied e.g. date of birth, details of other company directorships etc. The exemption only applies to the usual residential address.

The procedure for making an application for such an exemption is as follows:-

  1. A completed Form T1 must be submitted to CRO marked for the attention of the Registrar of Companies.
  2. The application seeking an exemption must be accompanied by a supporting statement from an officer of the Garda Siochana not below the rank of a Chief Superintendent requesting that the usual residential address of a person who is an officer of the company shall not appear on the register kept by the Registrar for reasons of personal safety or security.
If CRO are satisfied with the outlined procedure has been complied with, it will notify the director concerned that the exemption has been granted.

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