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National reference metadata Information message

Ireland

Reference metadata describe statistical concepts and methodologies used for the collection and generation of data. They provide information on data quality and, since they are strongly content-oriented, assist users in interpreting the data. Reference metadata, unlike structural metadata, can be decoupled from the data.

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Business registration and bankruptcy

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Central Statistics Office (CSO) Ireland

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  • Registrations:

The Quarterly number of new entered legal units in the register at any time during the reference quarter, according to the respective administrative or legal procedure.

  • Bankruptcies:

The Quarterly number of legal units that have started the procedure of being declared bankrupt, by issuing a court declaration, at any time during the reference quarter q (which is often provisional and does not always mean cessation of an activity).

28 April 2025

  • Registrations:

Registration data it is taken from Quarterly administrative data collected from revenue.

  • Bankruptcies:

We are using Companies Registration Office data to derive bankruptcies, based on a company being in one of the following categories for a given period:

  • In Liquidation,
  •  In Administration, or
  •  In Examinership

We are using these categories as a proxy for the number of bankruptcies.

Legal Unit.

Activity coverage: Sections B to S, with the exception of section O and division S94, based on NACE Rev.2.

The source of the data for Registrations is taken from Quarterly administrative data collected from revenue.

Companies Registration Office data is used to derive bankruptcies.

The Republic of Ireland.

Registrations and declarations of bankruptcies refer to one quarter.

Regards Registrations, each Q the provisional data from the previous 2 Qs is revised on the receipt of late data submissions from the administrative data source.

The number of registrations and declarations of bankruptcies.

No weights applied/Imputation, direct data from administrative sources is used.

  • Registrations:

Registration data it is taken from Quarterly administrative data which is collected from revenue.

  • Bankruptcies:

We are using Companies Registration Office data to derive bankruptcies.

The data is disseminated Quarterly to Eurostat.

EU regulation requires us to provide quarterly registrations data from now on, 40 days after the end of each quarter. The closest we have to Registration date would be the date of commencement of Revenue numbers associated with an EN. Thus, if an EN has a VAT, PREM and CT number, the registration date of the EN would be the earliest of these three commencement dates. So what we're looking for is the EN's that have their earliest commencement date in the reference quarter. If VAT was registered in Q1, PREM in Q2 and CT in Q4, you would take Q1.

Not applicable.

Not applicable.