Submission Of Audited Account To Ssm

And b in the case of a public company within 30 days from the date of the company s agm.

Submission of audited account to ssm. Why can t the substantial shareholder submit to ssm the same notice served to the company instead of submitting another form under section 141. Hold an agm submit the annual return and audited account of the company to ccm taxation matters. Please complete your accounts and submit to the auditors as soon as possible for auditing and thereafter sent to the company secretary for lodgement of your audited accounts and other documents to the suruhanjaya syarikat malaysia ssm. It is learnt that ssm has been tightening its monitoring and enforcement by imposing severe penalty for late or non submission of annual returns and audited accounts.

For newly registered company. The directors of the company are tasked and obliged to ensure all annual returns are lodged pursuant to the companies act 1965 sections 143 165 and 169. Section 259 1 of ca 2016 provides that a company must submit a financial statement and reports. If company pays for the compound penalty of course that would be expenses incurred.

The requirement for the timely lodgement of financial statements with the companies commission of malaysia ssm is one of the measures to assure that companies including the smes comply. Get your auditor to prepare the audited account to be submitted to ssm. Hold an agm submit the first annual return and audited account of the company to ccm for existing company. A in the case of a private company within 30 days from the date the financial statements and reports are circulated to the shareholders.

Within 6 months from the financial year end. Companies are required to submit or lodge their annual returns as well as their latest audited account with suruhanjaya syarikat malaysia ssm. These audited statement of accounts of the company with qualified unqualified auditors report for the year ended dd mm yyyy were tabled at the annual general meeting held on dd mm yyyy. Even if the company is dormant there is still compliance costs associated with maintaining a dormant company.

Under the company law a director can be fined rm30 000 or jailed five years or both if he fails to lodge his company s annual return and audited accounts. Sdn bhd s audit tax extended deadlines due to mcocreated onapril 12 2020last updated onapril 29 2020byyivon yau all topicsupdates on 28th apr 2020with the further extension of mco to 12th may 2020 irb just published the latest faq and filling program.