S.L. 386.25 Art. 9Completion of templates for online formation.

(1) The Registrar shall ensure that the online formation of companies formed exclusively by natural persons, who use the templates referred to in these regulations, is completed within five working days.

(2) In all other cases, online formation shall be completed within ten working days from the later of the following:

(a) the date of completion of all formalities required for the online formation of a company, including the submission of documents and information required to be delivered for registration to the Registrar; or

(b) the date of the payment of the registration fee, the payment in cash for share capital or the payment for the share capital by way of a contribution in kind.

(3) Where it is not possible for the online formation to be completed within the foregoing time periods, the Registrar shall notify the applicant of the reasons for the delay.