Tuesday January 28, 2020

Top law firm: naming red tape to cost hundreds of millions

Matheson lobbied minister before Brexit vote; Warnings measure will cost multinationals hundreds of millions of euro

25th September, 2016
Minister for Jobs, Enterprise and Innovation Mary Mitchell OConnor received a letter a week before the Brexit vote Pic: RollingNews.ie

Legal firm Matheson has urged the government to abandon new naming requirements for unlimited companies, warning that the measure is disruptive and will cost multinationals in Ireland hundreds of millions of euro.

The law firm wrote to Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor a week before the Brexit vote last June, cautioning that the provisions of section 1237 of the Companies Act 2014 “run directly contrary to the aim of making Ireland...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

It’s not all high-flying IT and finance professionals – 60 per cent of workers in Ireland earn less than €30,000 a year and income and social class are a big influence on how people cast their ballot

Aidan Regan | 2 days ago

The former GAA star turned political hopeful has plenty of name-recognition on the ground in his home county, but faces stiff competition for a seat from the likes of rising star Saoirse McHugh

Daniel Murray | 2 days ago

Voters don’t fancy Leo Varadkar’s party to manage the housing and health service crises – a credibility gap which has seen its eternal rival pull ahead in the latest Red C poll

Michael Brennan | 2 days ago