€3.9m in CRO e-form savings

IRISH companies who have filed a million e-forms with the Companies Registration Office (CRO) have saved €3.9 million annually in fees.

Those who don’t file returns electronically have lost out in €2m a year in savings.

Companies filing annual returns and accounts with the CRO this month careered through the 1,000,000 e-form barrier — more than 58% of all documents filed with the CRO being transmitted online which the CRO says is “faster, safer, easier and cheaper”. This marks a significant change from eight years ago when more than 350,000 multi-paged documents arrived annually by post at the CRO.