Jun 25, 20204 min readMandatory 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...
Jun 25, 20202 min readGuidelines 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...
Jun 25, 20204 min readAudit exemption for small and dormant companiesTo further reduce the cost of doing business, the Companies Commission of Malaysia has announced that dormant, zero-revenue and...
Jun 25, 20201 min readCCM 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...
Jun 25, 20202 min readMalaysian Business Reporting System (MBRS) - Compulsory for all companies starting from March 2019What is MBRS? The Malaysian Business Reporting System (MBRS) is an online submission platform developed by the Companies Commission of...
Jun 25, 20201 min readDirector convicted for making false declaration in a strike off applicationDirector 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...
Jun 25, 20201 min readDiscount 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...
Jun 25, 20201 min readCCM 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...
Jun 25, 20201 min readPower of Registrar to Strike Off a Business Entity for a Particular ReasonThis Circular serves to clarify the power of the Registrar of the Companies Commission of Malaysia (SSM) to strike off a business entity...
