Two widely anticipated amendments to the Guernsey Companies Law are to be discussed by the States of Guernsey at the end of the month.
“Both amendments will have practical and very useful consequences in terms of improving our audit and annual return provisions. These are changes which a lot of corporate service providers will be very glad to see become law,” said Collas Crill’s Wayne Atkinson.
The States of Guernsey meet on 30 October to discuss and approve the Companies (Guernsey) Law, 2008 (Amendment) Ordinance, 2013. If approved, changes to the Companies (Guernsey) Law, 2008 will take effect on 1 November 2013 simplifying the annual returns process and making changes to the way companies can exempt themselves from the need to produce audited accounts within the law.
Read more about the proposed changes at www.collascrill.com/news/
Category: Finance & Business