Reporting and auditing companies in Ireland

The company must hold the annual general meeting for a period of 18 months (counting from the date of registration). At the event, shareholders receive reports on all issues of the company's activities, incl. financial. Then the established financial statements, pre-approved by the auditors, are submitted to the local tax authorities, they do this annually. If the turnover of the company is less than 250 thousand irl. pounds, there is no need for audit approval.