Extension of transitional provisions of the Auditors Law of 2017

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.