Belarus introduces requirement to notify Ministry of Finance about audit

As of 1st January 2020, in accordance with para. 6 p. 2 Article 18 of the Law "On Auditing Activities", the audited entities, in the event of a mandatory audit of the annual accounting and (or) financial statements within a month from the date of receipt of the audit report, but no later than July 15th of the year following the reporting, must provide information on the fact of the mandatory audit annual accounting and (or) financial reporting to the Ministry of Finance.

Read more

Thailand set to implement amendments to the Civil and Commercial Code

In order to attract investors, the Council of Ministers of Thailand has adopted, as of 9th June 2020, the resolution approving a bill of amendments to the Civil and Commercial Code (hereinafter, “Bill”) governing partnerships and limited companies to be further passed to the National Assembly and for the Royal signature of the King.

Read more