Deadlines for legalisation of books and filing of annual accounts 2019
Patrick Gordinne Perez2025-01-17T18:34:42+00:00We now have definitive deadlines for legalising the books and filing the annual accounts for the 2019 financial year. Royal Decree-Law 19/2020 “modifies” what is regulated in Royal Decree-Law 8/2020 regarding the formulation, approval and filing of annual accounts.
The new regulation dissociates the end of the state of alert from the resumption of the deadlines for companies suspended by Royal Decree-Law 8/2020 of 17 March. As a result, the three-month period for drawing up the annual accounts and other mandatory documents will begin to run from 1 June 2020 and not from the end of the state of alert (the date of which is not known). The deadline for drawing up the annual accounts will be 31 August.
In addition, although not expressly taken into account in the new regulations, 1 June also marks the start of the four-month period for legalising books,
The definitive timetable set out in RDL 19/2020 and only exceptionally for the 2019 financial year leaves us with the following deadlines:
See here the video of our colleague Guillermo who explains the importance of the closing of accounts.
Drawing up the annual accounts
The annual accounts must be drawn up within three months of 1 June 2020. The deadline for drawing up the annual accounts is therefore 31 August 2020.
Legalisation of books
The books must be legalised within 4 months of 1 June, the deadline being 30 September 2020.
Approval of the accounts
The deadline for the Ordinary General Meeting to approve the accounts and propose the appropriation of profits has been reduced from three to two months, so that it must be held within two months of the deadline for formulating the annual accounts. The deadline for approval of the 2019 annual accounts is 31 October 2020.
Filing of annual accounts
The deadline for filing and submitting the annual accounts to the Companies Register is one month from their approval. Therefore, if the Ordinary General Meeting approves the accounts on 31 October, they must be filed by 30 November 2020.
The Treasury is going to authorise the filing of the normal corporation tax self-assessment without prior approval of the accounts by the shareholders. The usual deadline of 25 July will therefore remain unchanged. However, a second self-assessment of the tax will be authorised before the end of November, once the company has been able to give final approval of the accounts.
Ordinary deadlines