I’ve just heard (via Joe Drumgoole’s blog) that the new BES limits annnounced last November have finally been approved by the EU. This is fantastic news.

This is the official EU newsletter announcement:

Notification or Registration Date: 23.05.2007 DG Responsible: Competition DG Related Procedures: N 311 / 2004

Decision on 23.08.2007: Article 4§3 - decision not to raise objections

This presumably means that Enterprise Ireland should be processing new company certs starting five days ago and the Revenue Commissioners should be approving RICTs.

UPDATE 1: Looks like new legislation required to deal with some provisos set by EU. This is coming “shortly”. Presumably when the Dáil reconvenes. Shouldn’t cause any hold-up with new company certs tho.