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Stage 04 of 06 · The Irish company lifecycle

Grow: Changing structure as the business grows

New shareholders, a holding company, a different company type, or an entity in another country. The changes that need doing properly the first time.

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What matters at this stage

The rules that catch people out.

The requirements most often missed at the Grow stage — and the ones that cost the most to put right later.

01
Share transfers and allotments are filedNew shareholders, share buybacks and changes to share classes all have CRO consequences — and stamp duty implications on transfers.
02
Some transactions need the Summary Approval ProcedureFinancial assistance, loans to directors, capital reductions, mergers and a members’ voluntary winding up all need SAP instead of a High Court application.
03
SAP has strict timingThe directors’ declaration of solvency must be made no earlier than 30 days before the special resolution. The resolution needs 75% of votes, is filed within 15 days, and the declaration within 21 days of the activity.
04
Re-registration changes the company typeConverting between LTD, DAC, CLG, PLC or unlimited is a formal process, often driven by investment, regulation or a group restructure.
05
Overseas entities need local complianceWe form and maintain companies in the UK, Northern Ireland, Slovakia and the USA, so an expanding group can stay with one adviser.
Common questions

Grow — your questions

The questions clients ask us most often about this stage. If yours isn’t here, just ask.

When would I need a holding company?

Commonly when separating trading risk from valuable assets, preparing for investment, or grouping several trading businesses. It’s a structural decision worth discussing before you act.

What is the Summary Approval Procedure?

A validation process under the Companies Act 2014 that lets a company carry out otherwise restricted transactions without going to the High Court — provided the directors can declare solvency and the members approve.

Can we bring in an investor without changing company type?

Usually yes. Most investment is handled by allotting new shares, though investors sometimes require constitutional changes or a re-registration.

Do you handle group restructuring?

Yes — holding company formations, share-for-share exchanges and intra-group reorganisations, working alongside your tax adviser.

Wherever your company is, we can take it from here.

One firm across all six stages — so nothing gets lost when your company moves from one to the next.

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