Commencement of key changes under the Corporate and Accounting Laws (Amendment) Act 2025: Second phase to take effect on 20 October 2026

16 October 2026

The second phase of amendments under the Corporate and Accounting Laws (Amendment) Act 2025 will take effect on 20 October 2026. The amendments will enhance the regulatory framework for corporate entities by (i) strengthening the annual return filing requirements for companies; (ii) reducing the regulatory burden for companies by removing certain filing requirements; (iii) providing greater flexibility for companies to determine their registered office’s opening hours and record inspection; (iv) streamlining and refining the regulatory framework for the striking off and restoration of companies, limited liability partnerships, and variable capital companies; (v) providing more flexible renewal options for public accountant registration; and (vi) extending professional indemnity insurance requirements.

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