The Ministry of Corporate Affairs (MCA) notified amendments to the Companies (Appointment and Qualification of Directors) Rules, 2014, replacing annual director KYC filing with a triennial KYC intimation, significantly reducing the compliance burden on directors.
JANUARY 2026 FOCUS ON… LEGAL SYSTEMS The world’s legal systems largely fall into the two categories of “common law” and “civil law” and this distinction
Romania has introduced significant changes to the Companies Law to strengthen financial discipline, prevent company decapitalization, and enhance the recovery of public claims.
New York became the first U.S. state to require annual disclosure of beneficial ownership information (UBO/BOI) for limited liability companies (LLCs) under the New York LLC Transparency Act (NY LLCTA).
The Ministry of Corporate Affairs (MCA)’s General Circular No. 08/2025 dated 30 December 2025, has extended the deadline for filing annual returns and financial statements for FY 2024-25 to 31 January 2026, without any additional fees.
The Public Registry of Commerce of Buenos Aires (IGJ) has issued new measures that further ease the process for companies with overdue financial statements.
