Companies urged to file returns early amid ID changes

Indonesia Berita Berita

Companies urged to file returns early amid ID changes
Indonesia Berita Terbaru,Indonesia Berita utama

The Government is urging companies to make their annual return filings early ahead of the peak filing period next month, following the introduction of new identification requirements for directors.

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Around 80,000 businesses will be due to file their returns to the Companies Registration Office by November 25th this year."I am urging those with responsibility for filing company annual returns to take early action in filing annual returns with the CRO ahead of the deadline on 27th November 2023," said the Minister of State for Trade Promotion, Digital and Company Regulation, Dara Calleary.

"The provision of PPS numbers for directors is an important innovation which will help to reduce duplication of director information and enhance CRO efforts to guard against abuse of the register by providing assurance that the information provided relates to a real person." This includes annual returns, incorporation of new companies and changes to company directors or secretaries.

Directors who do not have a PPS number can apply to the CRO for an identified person number and use this number as an alternative to the PPS number.

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Indonesia Berita Terbaru, Indonesia Berita utama

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