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Voluntary audit for small companies

June 2010 - Corporate & Commercial. Legal Developments by Delphi.

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In the middle of April, the government submitted a bill to parliament proposing that small private, limited companies will be able to elect whether or not to appoint an auditor. Supposedly, the purpose of the amendments is to allow limited liability companies to decide, to the extent possible, upon the services they need for their organization and management.


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