New XBRL filing requirements from May 1st, 2021

Companies will be required from May 1st, 2021 to prepare their XBRL financial statements in accordance with the Accounting and Corporate Regulatory Authority’s practice direction no. 2 of 2020. This will provide a simplified procedure for smaller companies to ensure easier compliance with data elements required to complete XBRL filing. Please feel free to get

Accounting and Corporate Regulatory Authority (ACRA) confirm extension of COVID-19 temporary measures for company meetings

On April 9th, 2021, ACRA confirmed that the COVID-19 temporary measures for company meetings would be extended from beyond June 2021. These measures will therefore allow companies to continue to hold and carry out their board/general meetings: By permitting notices and all documents to be tabled at board/general meeting to be provided electronically or by