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Yes, audited accounts are required and need to be filed with the Registrar of Companies and the Inland Revenue Department. Such accounts are open for public inspection. When the company is a newly registered company, the first financial statements need to be filed at the Registrar within eighteen months of its incorporation. After this, the company needs to file its financial statements every 12 months (by the end of each tax year which is December). The only exception where this is not required is shipping companies.
