13/07/2026
Know your obligations under the Associations Act. 📋
If your association, NGO, or club records total transactions exceeding MVR 500,001 in a financial year, a financial audit becomes mandatory.
In addition, the Associations Act requires associations to submit their financial statements to the Registrar within 30 days of holding their Annual General Meeting (AGM), together with the relevant audit report where applicable.
Staying compliant helps strengthen transparency, accountability, and trust in your organisation’s work.
If you are unsure about your audit and reporting requirements, seeking professional advice can help ensure compliance.