The Danish Parliament has recently adopted an amendment to the Annual Accounts Act, so that the deadline for reporting the annual report will henceforth be 6 months. In this connection, we encourage all companies to check whether their articles of association contain a wording about the previous reporting period of 5 months, and we are happy to help you check and make the necessary changes.
For example, if a company’s articles of association contain a wording that an ordinary general meeting must be held within 5 months of the end of the previous financial year, the articles of association should be amended so that the general meeting can be held within 6 months of the end of the previous financial year.
Are there rules of procedure?
In the same connection, we encourage companies with a board of directors to review their rules of procedure. We find that many auditors in recent years have tightened up their responsibility to check whether a company holds the number of board meetings stated in the company’s rules of procedure and whether minutes of the meetings have been prepared. Therefore, the rules of procedure should reflect reality.
There is no requirement for a specific number of board meetings, but it is considered good management to hold a minimum of 4 annual meetings.
We can help you !
We are of course happy to help check your company’s articles of association and any rules of procedure and make the appropriate changes.
You are more than welcome to contact DreistStorgaard on tel.: 5664 3320 or by email email@example.com.