Written answers

Wednesday, 29 May 2013

Department of Jobs, Enterprise and Innovation

Companies Statistics

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

120. To ask the Minister for Jobs, Enterprise and Innovation the number of redomiciled public limited companies operating here; and the number that have been established in each of the past ten years. [25968/13]

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

Set out below are data in relation to public limited companies (plcs) which now have their legal existence in Ireland by virtue of being :

- Inward Migrating Funds companies under the Company (Miscellaneous Provisions) Act 2009

- Societas Europea (SEs) that are formed under Council Regulation (EC) 2157/2001 on a Statute for a European Company. SEs can be formed via a merger between two plcs (one of which must have been governed by the laws of another EU State)

- Cross Border Mergers under the European Communities Cross Border Mergers Regulations 2008

YearMigrating Funds CompaniesSocietas Europaea Cross Border Mergers involving PLCs
2003N/AN/AN/A
2004N/AN/AN/A
2005N/AN/AN/A
2006N/AN/AN/A
2007N/AN/AN/A
2008N/A11 inward,
1 outward
2009N/A2 inward,
2 outward
1 inward,
1 outward
2010142 inward,
1 outward
2011161 inward,
1 outward
1 outward
201223 registered,
2 converted to plc
1 inward,
2 outward
2013None to dateNone to dateNone to date

In general, a company cannot transfer its registered office without first being wound up in its current home State in order to avoid any complications arising from its being registered in two countries. As part of its 2012 Company Law and Corporate Governance Action Plan the European Commission has carried out a recent public consultation on the transfer of registered offices between Member States. The consultation deadline was 13 April 2013. The responses will be taken into account by the Commission in assessing the need for and impact of a possible new instrument.

Comments

No comments

Log in or join to post a public comment.