Written answers

Thursday, 20 March 2025

Department of Enterprise, Trade and Employment

Company Registration

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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284. To ask the Minister for Enterprise, Trade and Employment the number of instant payment notifications issued since they were introduced in June 2023 each year to the CRO; and if he will make a statement on the matter. [13163/25]

Photo of Niamh SmythNiamh Smyth (Cavan-Monaghan, Fianna Fail)
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The Companies Registration Office is not familiar with the “instant payment notifications” referred to by the Deputy. I will endeavour to provide a more substantive response if the Deputy can provide clarification on the information being sought.

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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285. To ask the Minister for Enterprise, Trade and Employment the total number of companies that have registered their beneficial ownership with the CRO; the percentage share of registered companies that have registered their beneficial ownership; the number and percentage of industrial and provident societies which had registered; and if he will make a statement on the matter. [13164/25]

Photo of Niamh SmythNiamh Smyth (Cavan-Monaghan, Fianna Fail)
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The Central Register of Beneficial Ownership of Companies and Industrial and Provident Societies (RBO) was set up under the European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2019 (S.I. 110 of 2019) in accordance with EU anti money laundering legislation. Companies, incorporated under the Companies Act 2014, and societies, registered under the Industrial and Provident Societies Acts 1893, are required to register certain information with the RBO in respect of their beneficial owners.

As of 8th March 2025, 279,897 companies (88.5% of those on the Register of Companies) and 701 industrial and provident societies (74.6% of those on the Register of Friendly Societies) had registered their beneficial ownership details with the RBO.

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