The Business and Intellectual Property Authority (BIPA) is seeking input from stakeholders on the country's decades-old Corporate Laws.

BIPA, in collaboration with the Ministry of Trade and Industrialisation, initiated the legislative reform process of the Companies Act of 2004 and the Close Corporation Act of 1988.

The review process of the Corporate Laws aims to merge the two Acts that would regulate all forms of business entities, including aspects of business rescue and corporate governance.