Chartered Accountants & Auditors
CRVW and Co.
Legislative Amendment to Regulations Relating to BIPA Fees
The Minister of Industrialisation, Trade and SME Development, Hon. Tjekero Tweya, recently approved amendments to the Close Corporations Act of 1988 and the Companies Act of 2004. The amendments are confirmed in Government Gazette number 7032 which states the new regulations will be implemented from 1 November 2019. According to an official press release issued by the Business and Intellectual Property Authority (BIPA) on 12 November 2019, the effective date has been postponed to 1 January 2020.
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