The Ireland Companies Act 2014 was signed into law on 23 December 2014. The 2014 Act replaces the Companies Acts 1963-2013, but has not yet commenced and companies still operate under the Companies Acts 1963-2013. It is expected that the 2014 Act will commence in June 2015.

In general, the new Act restates existing law, although several areas are streamlined including governance, legal capacit…