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16 Dec 2019

From 1 Jan 2020 to 30 April 2020, the Companies Commission of Malaysia (CCM) is offering discounts of up to 90% on penalties and compounds levied on companies. This is part of CCM’s pre-emptive action for 2020.

Under this campaign,

discounts are only off...

9 Oct 2019

According to the Companies Commission of Malaysia (CCM),

the current registration numbers of all business entities will be replaced by the new 12 digit registration number format effective from 11 October 2019.

 For guidance, please read the attached Fre...

25 Feb 2019

What is MBRS?

The Malaysian Business Reporting System (MBRS) is an online submission platform developed by the Companies Commission of Malaysia (CCM) based on the XBRL - Extensible Business Reporting Language format.

CCM has made it compulsory for all ann...

30 Jul 2018

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 imprisonment for making a false or misleading statement to Companies Commission of Malaysia (CCM) in an application to...

18 Aug 2017

To further reduce the cost of doing business, the Companies Commission of Malaysia has announced that dormant, zero-revenue and threshold-qualified private companies are eligible to elect for audit exemption.

Dormant companies

A dormant company is a priva...

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