Annual Return

Description

• Annual Return Filing involves the submission of a company’s yearly statutory report to the Suruhanjaya Syarikat Malaysia (SSM). This document provides essential details about the company, including its directors, shareholders, and financial standing, ensuring compliance with the Companies Act 2016.

GOV Department

• Suruhanjaya Syarikat Malaysia (SSM) / Companies Commission of Malaysia

License Name (Malay)

• Annual Return Filing Compliance (Pemfailan Penyata Tahunan Syarikat)

Details

• Applicable to all companies registered under the Companies Act 2016.
• The Annual Return must include:
  • Company name and registration number.
  • Details of directors, company secretary, and shareholders.
  • Share capital and issued shares.
  • Registered office address.
• Filing is mandatory every year within 30 days from the company’s anniversary of incorporation.

Important Rules

• Companies must ensure the accuracy of the details in the Annual Return.
• The return must be signed and certified by a director and the company secretary.
• Failure to file within the specified timeline will result in penalties.
• The Annual Return must accompany any necessary supporting documents, such as financial statements, if required.

Compound & Punishment

• Late filing: Fine of RM200 to RM2,000, depending on the duration of delay.
• Continuous failure to file may result in:
  • RM50,000 fine.
  • Legal action against directors and officers.
  • Suspension or deregistration of the company by SSM.
• False or misleading information in the return: Penalties include fines, imprisonment, or director disqualification.

Advisor