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Amendments to the Law on Entrepreneurs and Commercial Companies recently came into force, bringing the law partially into line with EU company law directives. The law provides for a transitional period of three months from its entry into force for companies to harmonise their articles of association with the new rules; failure to do so will result in a fine and no further cooperation from the National Registration Centre.
For more information, please contact:
Tom Gillett, Manager
International Law Office
New Hibernia House
London, SE1 9AG
Tel: +44 20 7234 0606
Fax: +44 20 7234 0808