Insights

Beneficial Ownership of Corporate Entities Rule Change

New regulations affecting the beneficial ownership of corporate entities came into effect this year. Marese Stafford, ACIS AITI explains what’s changing and how to comply with the requirements. Minister Paschal Donohoe recently signed into law The European Union (Anti Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2019. Among other requirements, the new rules, which […]

A challenging time for charities

The financial affairs of charities and not for profit organisations has become a very topical issue in recent times. There have been numerous high-profile cases of governance breaches in many charities and not for profits, and these have had a very damaging reputational impact on the entire sector. Regulation and legislation is starting to make […]

Exit Strategies and Succession Planning

Succession planning is not just a matter of securing the future of your business. It’s also about protecting your personal financial security, explains David O’Connor. Business owners tend to delay planning for what will happen when the time comes to exit the business. Unfortunately, this can be an expensive mistake because failing to develop a […]

Forming a Limited Company

As your business develops, there can be advantages to restructuring as a limited company. However, incorporation is not for everyone, explains David O’Connor. For sole traders, restructuring your business as a limited company can be an attractive option, particularly if you are in the higher income tax bracket or if you need to raise funds […]