The government will postpone deadlines for annual accounting filings as well as general meetings

MoneyMy Money.Photo: Frank May / NTB scanpix
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Because of the Coronavirus crisis, the government wants to postpone the deadlines for establishing annual accounting filings, annual reports, general meetings and annual meetings.

– “We have received input from a number of actors who say that the deadlines are challenging for the business sector due to the outbreak of Covid-19,” says Finance Minister Jan Tore Sanner (H).

The Government proposes to postpone the deadlines for establishing the annual accounts, annual reports and audit reports by two months. The same deferral will apply to the deadline for holding the Annual General Meetings and the Annual General Meetings. The bill was submitted for hearing Friday.

– “The proposal, which has now been submitted for consultation, will further help the business community to deal with challenges arising from the Coronavirus crisis. We are aiming to promote a bill to postpone the deadlines in a short time,” says Minister of Trade and Industry Iselin Nybø (V).

On Tuesday, the government presented a proposal for a temporary law on exemptions from requirements for physical meetings in connection with general meetings and annual meetings, a continuation of the regulations that have already been introduced in the Coronavirus Act and which allows for increased use of digital meetings. The exceptions shall apply until 31 October.

© NTB Scanpix / #Norway Today

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