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Company Registration

Dáil Éireann Debate, Thursday - 20 March 2025

Thursday, 20 March 2025

Questions (285)

Pearse Doherty

Question:

285. Deputy Pearse Doherty asked the Minister for Enterprise, Trade and Employment the total number of companies that have registered their beneficial ownership with the CRO; the percentage share of registered companies that have registered their beneficial ownership; the number and percentage of industrial and provident societies which had registered; and if he will make a statement on the matter. [13164/25]

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Written answers

The Central Register of Beneficial Ownership of Companies and Industrial and Provident Societies (RBO) was set up under the European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2019 (S.I. 110 of 2019) in accordance with EU anti money laundering legislation. Companies, incorporated under the Companies Act 2014, and societies, registered under the Industrial and Provident Societies Acts 1893, are required to register certain information with the RBO in respect of their beneficial owners.

As of 8th March 2025, 279,897 companies (88.5% of those on the Register of Companies) and 701 industrial and provident societies (74.6% of those on the Register of Friendly Societies) had registered their beneficial ownership details with the RBO.

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