The "Companies Compliance Facilitation Scheme 2026"
1. What it is: A "cleansing" or amnesty scheme designed to help companies finish their pending filings (like annual returns and financial statements).
2. Key Contents:
Reduced Fees: It allows companies to pay only a fraction (often 10%) of the usual late fees.
Immunity: Protection from prosecution for delayed filings if done within the scheme's window.
Deadlines: Specific dates for when companies must complete their regularization (likely July 2026)
Companies Compliance Facilitation scheme, 2026