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NEW RULES ALLOW FOR THE RESERVATION OF A COMPANY NAME

New rules came into effect recently allowing applicants to apply to the Registrar of Companies to reserve a specified name for a company prior to incorporation.

If the proposed name is acceptable to the Registrar the applicant will be notified that the proposed name is reserved for a period of 28 days. During this period no other company may be incorporated with the reserved name.

An application fee of €25 is due with all applications and an additional €25 is required for an extension of the reservation period. Applications to reserve a specified name may be submitted to the Companies Online Registration Environment service available on the CRO website www.cro.ie

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