Written answers

Thursday, 24 June 2021

Department of Enterprise, Trade and Employment

Company Registration

Photo of Louise O'ReillyLouise O'Reilly (Dublin Fingal, Sinn Fein)
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174. To ask the Minister for Enterprise, Trade and Employment the estimated annual cost of increased funding the Companies Registration Office by 5% and 25% respectively. [33982/21]

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael)
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A Further Revised Estimate (FRE) setting out the allocations for 2021 in respect of the various programmes funded from my Department’s Vote is expected to be submitted to the Dáil for approval shortly. It is expected that Companies Registration Office (CRO) will be provided with a gross allocation of €7.964 million for its use in 2021.

On the basis of the CRO’s expected allocation for 2021, increasing its budget by 5% would cost  €398,000 and an increase of 25% would cost €1.99 million.

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