Annual Compliance for a private limited company (Sdn Bhd)
Corporate Company Annual Services
All registered companies in Malaysia are all required to prepare statutory financial statements.
The financial reporting framework applies to all local companies registered here in Malaysia and this financial reporting framework serves as a guideline to ensure each criterion that is needed is being fulfilled.
SUBMISSION OF TAX ESTIMATES
Newly incorporated companies are required to submit its estimate tax payable within 3 months from the date of commencement of operations. Note : Small and Medium Enterprise (SME) are exempted from submitting its estimate tax payable for the first 2 years of assessments from the date that it commenced business.
PREPARATION OF AUDITED FINANCIAL STATEMENTS
Every company shall not later than 18 months from the date of incorporation and subsequently once every calendar year circulate to its shareholders, a copy of Audited Financial Statements made up to a date not more than 6 months from its financial year end.
SUBMISSION OF ANNUAL RETURN
A company is required to lodge a copy of its Annual Return with the Registrar within one (1) month from its anniversary date of incorporation.
SUBMISSION OF TAX RETURN
A company is required to submit its tax return within 7 months from its financial year end.
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Our accounting firm aims to be a one-stop centre for all your accounting related needs in Kuala Lumpur and Selangor. As such, we constantly strive to make our services better in terms of effectiveness, efficiency and economy.