2020As a result of the passing of the Companies (Amendment) Act, No. 6 of 2019, (“the Act”) with effect from the 30th day of May, 2019 all Companies are ‘inter alia’ required to disclose to the Registrar of Companies the details of all of the beneficial owners holding an interest in a Company.
2020The Non-Profit Organisations Act, No. 7 of 2019 (“the Act”) was enacted on June 14, 2019. In light of the new legislation, all existing Non-Profit Organisation (“NPO”) and any NPO incorporated after June 14, 2019, must apply and obtain a certificate of registration.