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Audit Exemption in Malaysia: Requirements and Entitlement
To support SME growth, Malaysia’s Companies Commission (SSM) has updated the rules for audit exemption criteria to ease regulatory...
Mar 33 min read


E-Invoice Revised Guidelines (Version 4.2) & Specific Guidelines (Version 4.1): What You Need to Know
The latest updates to Malaysia’s e-Invoice guidelines (published on 25 February 2025) introduce changes to implementation timelines and...
Feb 282 min read


What is MBRS?
The Malaysian Business Reporting System (MBRS) is an online platform by the Companies Commission of Malaysia (SSM) for the digital...
Feb 282 min read


Impact of the New 2% Dividend Tax
Starting from 1 January 2025, individuals receiving annual dividend income exceeding RM100,000 will be subject to a 2% tax on the amount...
Dec 4, 20241 min read


Employees Share Schemes for Private Companies
Employees Share Scheme (ESS) or Employee Share Option Plan (ESOP) provides employees with an ownership interest in the company. Benefits...
Jun 3, 20221 min read


Employers Must Inform IRBM When Hiring A New Staff and When A Staff Is Resigning From the Company
We have received a few enquiries on this question recently – Does an employer need to notify the tax department when employing a new...
Mar 15, 20212 min read


Corporate Liability under Malaysian Anti-Corruption Commission Act
The provision under Section 17A Malaysian Anti-Corruption Commission Act 2009 ("MACC Act") has established a new corporate liability...
Oct 30, 20201 min read


Mandatory Disclosure of Beneficial Ownership (Attention to all Company Directors)
The Companies Commission of Malaysia (CCM) has issued the Guideline for the Reporting Framework for Beneficial Ownership of Legal...
May 26, 20204 min read


Guidelines for Issuing Cryptocurrencies or Digital Tokens (New SC Guidelines)
The Securities Commission (SC) on 15 Jan 2020 published a set of guidelines for issuing digital assets (cryptocurrencies, digital...
Feb 1, 20202 min read


Discount on CCM Penalties (Limited Time Offer)
From 1 Jan 2020 to 30 April 2020, the Companies Commission of Malaysia (CCM) is offering discounts of up to 90% on penalties and...
Dec 16, 20191 min read


CCM introduces new registration number format for all business entities (Important)
According to the Companies Commission of Malaysia (CCM), the current registration numbers of all business entities will be replaced by...
Oct 9, 20191 min read


Malaysian Business Reporting System (MBRS) - Compulsory for all companies starting from March 2019
What is MBRS? The Malaysian Business Reporting System (MBRS) is an online submission platform developed by the Companies Commission of...
Feb 25, 20192 min read


Director convicted for making false declaration in a strike off application
Director of a local incorporated company has been convicted by the court and he was ordered to pay a fine of RM15,000 or face 5 months...
Jul 30, 20181 min read


Audit exemption for small and dormant companies
To further reduce the cost of doing business, the Companies Commission of Malaysia has announced that dormant, zero-revenue and...
Aug 18, 20174 min read


Power of Registrar to Strike Off a Business Entity for a Particular Reason
This Circular serves to clarify the power of the Registrar of the Companies Commission of Malaysia (SSM) to strike off a business entity...
Jul 10, 20171 min read


CCM empowered to strike off a business entity (foreign workers)
CCM vide its circular dated 10 July 2017 : CCM is empowered to strike off a business entity that is found to be employing foreigners...
Jul 10, 20171 min read
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