An annual return refers to the summary of the profile of the company consisting of its general information to be filed every year to the Suruhanjaya Syarikat Malaysia (SSM). The contents of the company profile include the business office address, branch office address, registered office address, principal business activities, and charges that are registered with the SSM such as the company assets pledged. Other salient details included in the annual return are the company directors, company secretary, and shareholders.
Companies offering all types of services are required to lodge their annual report as compliance with the Malaysian law. Failure to file the company’s annual return is a serious offense and has corresponding penalty and sanction. Thus, if you want to have a hassle-free registration and maintenance of your business, you could contact the team at Accounting Services Hub. We offer comprehensive assistance and service to businesses in this important and obligatory task towards the government
An annual return is not an income tax return, and it is exclusive for corporate entities hence it has different requirements and steps in order to be registered. A qualified and credible accounting service company is an indispensable help in complying to register your business and lodging your annual return.