New ODCE regulations

New ODCE regulations in relation to electronic and non-electronic communication.

The ODCE (Office of the Director of Corporate Enforcement) has announced new regulations dealing with electronic and non-electronic communication for limited liability companies. The regulations state that, from April 1st 2007, all limited liability companies will have to include the following in all written and electronic communication:

1. Company name (in the company’s legal form, including “Limited” if applicable).

2. The name of each and every director and shadow director of the company (including first name name and initials thereof), and their nationality (if not Irish).*

3. The place of registration of the company (nationality), the company registration number, and the address of the registered office.

4. In the case of a company exempt from the obligation to use the word ‘limited’ or ‘teoranta’ as part of its name, the fact that it is a limited company.

5. In the case of a company that is being wound up, the fact that it is being wound up.

6. If reference is made in the letter or order form to the share capital of the company, the reference shall be to the capital that is subscribed and paid up.

*Item (2) not required for website/email

This applies to all written communication, including letterheads, comp slips, business cards, printed CDs, and brochures. It also applies to all electronic communication, including emails and websites, as well as faxes, newsletters, brochure downloads etc. In order to comply with this new set of regulations, all of the above forms of communication will have to be adjusted to include all of the above information requirements.

Remember, failure to comply with these regulations will be met with a fine of up to €2000, and failure to pay this could result in up to 12 months imprisonment!

Contact us if you wish to ensure your compliance with these new regulations – you can also fill out the form below and we will contact you directly.

The eTailor Team