Extension of deadline for notification to MIRA of liquidation process

Companies and partnerships not conducting any business as of 18 July 2011, and wish to liquidate has been given an extension of the period given to notify the Registrar of Companies of the liquidation process and to inform MIRA as such. The new deadline is 15 November 2012. These companies and partnerships will be exempt from having to file the Business Profit Tax (BPT) Return.

The extension has been given after discussing with the Ministry of Economic Development and since a large number of paper companies, or those not conducting any business, registered at the Ministry are currently in the process of liquidation. And also because many of these companies have been requesting MIRA for an extension of this deadline.

17 Oct 12