Catherine Murphy (Kildare North, Social Democrats)
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18. To ask the Minister for Enterprise, Trade and Employment the impact that the outsourcing of the functions of a company (details supplied) to Malaysia will have in terms of reporting to the Company Registration Office; if issues of oversight or compliance will transfer to Malaysia; the discussions there has been with the company; and if he will make a statement on the matter. [11057/21]

Leo Varadkar (Dublin West, Fine Gael)
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Firstly, my thoughts are with any employees losing their jobs at this time and I would encourage any companies which are restructuring their operations to do all they can to provide support and practical assistance to such employees. This is especially true for large businesses with the wherewithal to set an example of best practice in this regard. This can include preparing such employees to take on alternative roles within the business or to assist them in attaining new employment. The Government also has extensive services available to employees to help them in this regard.

In terms of the specific question concerning the impact on filing obligations with the Companies Registration Office, I can assure that every company registered in Ireland is obliged to comply with the requirements of the Companies Act 2014. Obligations in relation to overseas operations will depend on the nature of any restructuring and the particular requirements applicable in the relevant jurisdiction. Companies have an obligation under company law to file certain documents with the CRO. These documents include details of changes of registered office, changes of company officers (director or secretary), or a number of other changes which affect the company. Companies are also required to file annual returns, and in most cases they must also file annual accounts.