Annual Return Filing to SSM
Set as the most important requirement by Companies Commission of Malaysia (SSM), as a company owner, you need to know what is the Annual Return and when to submit it to SSM.
Sec 68. (1) of Companies Act 2016, A company shall lodge with the Registrar an annual
return for each calendar year not later than thirty days from the anniversary of its incorporation date.
The company and every officer who contravene this section commit an offence and shall, on conviction, be liable to a fine not exceeding fifty thousand ringgit (RM50,000) and, in the case of a continuing offence, to a further fine not exceeding one thousand ringgit (RM1,000) for each day during which the offence continues after conviction.
What is the Annual Return
Registered office address
Branch office address
Principal business activities
Total authorised capital registered
Total paid-up capital
Charges registered with SSM (i.e. company assets pledged)
Appointed company secretary
Where to submit Annual Return
MBRS portal or at the nearest SSM office
The company secretary usually will logon to SSM website - MBRS portal to file the annual return.
When to lodge Annual Return to SSM
How much to pay for lodgement of annual return
- Private company- RM150.00
- Public company- RM500.00
Of course, this exclude the preparation of annual return charged by the company secretary which usually cost RM300- RM500.
Possible penalties in case of failure to lodge Annual Return
An annual return is not an income tax return and it is a requirement for corporate entities to file its company’s annual return every year.
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