Companies Act 2014

The Companies Act 2014 was brought into force on 1 June 2015.

At 1,448 sections and 17 schedules, and covering more than 1,100 pages of text, the Companies Act was the largest single piece of legislation to come before the Dáil.

A link to the Companies Act 2014 appears below:

The Companies Act 2014 condenses the previous 17 Companies Acts and related company law provisions into a single comprehensive code of company legislation, and was the culmination of more than 10 years’ work on the part of the Company Law Review Group and the Department of Jobs, Enterprise and Innovation

The design of the new Act focuses on simplification and modernisation with clear and accessible drafting language.

A significant portion of the legislation is dedicated entirely to the company limited by shares, or “CLS” or “LTD” which is the company model of choice for the vast majority of private companies in Ireland. The remainder of the legislation sets out the law applying to other company types, namely public limited companies, guarantee companies, unlimited companies, investment companies and Designated Activity Companies (or DACs).