Corporate Law

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May 26, 2020
4 min

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 Persons...

Feb 1, 2020
2 min

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 currenc...

Dec 16, 2019
1 min

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 compound...

Oct 9, 2019
1 min

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 th...

Feb 25, 2019
2 min

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 Ma...

Jul 30, 2018
1 min

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 im...

Aug 18, 2017
4 min

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 threshold...

Jul 10, 2017
1 min

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, 2017
1 min

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 with...

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