Cyprus:
Extension Of Transitional Provisions Of The Auditors Law Of 2017
08 March 2018
Elias Neocleous & Co LLC
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Article 113 of the Auditors Law number 53(I) of 2017 provides a
"grandfathering" provision for audit firms registered
before 29 June 2008 to re-register under the new law. Such firms
were initially required to re-register within 6 months of the law
entering into effect, that is, by 2 December 2017.
Law 171(I) of 2017 extended the deadline for re-registration to
2 March 2018. The deadline has now been extended again, by Law 7(I)
of 2018. The new registration deadline is 31 December 2018.
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