Dear Members,

For those who are company secretaries in addition to being accountants in practice, please note the following SSM directives;

  1. Practice Note No. 3/2018: Clarification on Application for Extension of Time under the Companies Act 2016
  2. Practice Note No. 2/2018: Circumstances and Procedures for Rectification of Documents Lodged and Registered with the Companies Commission of Malaysia
  3. Amendment of Practice Directive 2/2017 (read together with Practice Directive 2/2017)

For more information please go to    http://www.ssm.com.my/en/companies_act_2016

Please be informed and act accordingly if necessary

Please take note the following press release on January 3rd 2018 from the Income tax Board on the Submission Program for Income tax Filing in 2018.

CAPAIAN MAKLUMAT MENGENAI PROGRAM MEMFAIL BORANG NYATA CUKAI PENDAPATAN (BNCP) BAGI TAHUN 2018

Lembaga Hasil Dalam Negeri Malaysia (LHDNM) ingin memaklumkan kepada orang ramai bahawa LHDNM telah memuat naik prosedur Program Memfail Borang Nyata Cukai Pendapatan (BNCP) Tahun 2018 di Portal Rasmi LHDNM www.hasil.gov.my sebagai rujukan/persediaan kepada pembayar cukai untuk mengemukakan BNCP mereka pada tahun ini.

2017 YA Tax Submission Schedule

For more information please download the complete guide HERE

SSM Practice Directive: 3/2017

SSM has introduced new rules for certain companies to be exempted from Auditing their accounts, subject to certain criteria. However, accounts still will need to be submit ed if the companies are active. In brief criteria is as follows;

For the purpose of this Practice Directive, the following categories of private companies will be qualified for audit exemption:
(a) Dormant companies
(b) Zero-Revenue Companies
(c) Threshold-Qualified Companies

Source: https://www.ssm.com.my/en/companies_act_2016

For more information dowload PD3/2017 in pdf format here