ICPAC has issued Technical Circular 6/2025 to inform members of recent amendments to the Companies’ Law, Cap.113, following the implementation of EU Directive 2023/2775. The updated law increases the monetary thresholds used to classify companies and groups (small, medium, large) by 25%, reflecting inflation from 2013 to 2023. These changes apply to financial years beginning on or after 1 January 2023 and impact financial reporting obligations and disclosure requirements.
