Many business owners confuse their Financial Year End with their SSM filing deadlines—and it can cost them.
Here is what every director needs to know to avoid heavy compounds:
🗓 The 30-Day Rule: Your Annual Return (AR) is due within 30 days from your company’s incorporation anniversary (based on your birth month, not your financial year-end!).
🛑 No Exemption for Dormant Companies: Even if your Sdn Bhd had zero business activity this year, filing an AR with SSM is still mandatory.
⚠️ Director Liability: Under the Companies Act 2016, directors are personally responsible. Missing deadlines leads to strict SSM penalties and compound fines.
📋 AR vs. Financial Statements: The Annual Return is a structural update (directors, shareholders, address) and is completely separate from your yearly financial statement submissions.
Don’t let compliance blindspots risk your company’s good standing with banks and authorities!
Let Hoo Secretarial Services handle your corporate compliance so you can focus 100% on growing your business in Klang.
💬 Send us a message today or WhatsApp our team to check your company’s compliance status!