Companies that fail to submit two-year financial reports to be subjected to forced liquidation from 2019 – Software to be prepared
The measure, they remind, is proscribed by the new Company Law. The forced liquidation procedure will start being implemented once the software is prepared, based on which the Agency will determine which companies meet the requirements for the procedure to be initiated.
After the deadlines for the submission of financial reports expire, the companies will be deleted from the register, the Agency adds.
As they say, they expect these innovations to make companies comply with regulations to a greater extent.
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