Investment companies and UCITS are required to submit financial statements to the CRO following the introduction of changes set out in the Companies (Accounting) Act 2017. Section 1401a Companies Act 2014 and Regulation 42a European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 refer.

These companies do not file an annual return with the CRO. Form FS1 is submitted to meet the requirements introduced in the Companies (Accounting) Act 2017.

The financial statements are required to be filed within 11 months of the financial year end. This financial year refers to any financial year which commenced on or after 1st January 2017.

Form FS1 has a filing fee of €15. The form is available here.

Please note that any financial statements attached to a Form FS1 must be in a unbound scannable format and that they will be sent back if they are submitted in booklet format.