Dear friends and associates,

We have just been informed by ACRA that there will be changes to effective dates to initiatives and laws that were announced in 2014.

ACRA announces Change in Effective Date for

• Legislative Amendments,
• Revised Fee Structure and;
• Enhanced BizFile.

ACRA is deferring the effective date of legislative changes to the Companies Act and the Business Names Registration Act to the 2nd quarter of 2015. This will give all agencies and stakeholders concerned additional time to adjust and prepare for these legislative changes.

The new simplified fee structure that ACRA had announced in Oct 2014, will also take effect in the 2nd quarter of 2015.

ACRA’s online business registration and filing portal – BizFile- which is currently being revamped, will be ready at the same time.

ACRA will announce the effective date and provide more details about two months before these changes are due to take place.