Whether a company needs to have its annual reports translated depends on various factors, such as the size of the company, its business areas and its international activities.
If the company operates internationally and offers its products or services in different countries, it may be beneficial to translate the annual report into the languages of those countries to ensure better communication with customers and business partners.
In addition, certain legal requirements may stipulate that companies must translate their annual reports into certain languages, especially if they are listed on foreign stock exchanges or operate in foreign countries where specific laws require it.
In any case, the company should carefully consider the legal requirements and the needs of its target audiences to decide whether translation of the annual report is required.