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Q：
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What is an Annual Return?
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A：
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An Annual Return is a mandatory statutory filing that provides a snapshot of a company’s key information for each year. It includes details such as the company’s business activities, business location, registered office, particulars of charges, directors, company secretaries, auditors, as well as members and their shareholdings.
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Q：
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What is filing deadline for an Annual Return?
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A：
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Malaysian companies are required to submit their Annual Return within a period of 30 days from the anniversary date of incorporation.
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Q：
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Can an extension of time (“EOT”) be applied to lodge an Annual Return?
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A：
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Yes, Malaysia companies may apply for an EOT to lodge the Annual Return by submitting EA7 via Malaysian Business Reporting System (“MBRS”). The application must be made at least 7 days before the lodgement due date and a fee of RM100 is payable.
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Q：
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What are Financial Statements and Reports (“FS”)?
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A：
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FS are formal reports that provide significant information for stakeholders to assess a company’s financial health, performance, and earnings potential. These typically include the statement of financial position, statement of profit or loss, statement of cash flows, and notes to the accounts.
The directors of a Malaysia company are responsible for maintaining an effective system of internal controls and keeping proper accounting and other records to ensure that the financial statements accurately reflect the company’s financial position. Other officers of the company must ensure that these FS are prepared and submitted within the prescribed period in accordance with statutory requirements.
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Q：
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What is circulation and filing deadline for FS?
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A：
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For a Malaysian private company, the FS must be circulated to its members within 6 months from the end of the financial year and must be filed to the Companies Commission of Malaysia (“CCM”) within 30 days after being circulated.
For a Malaysian public company, the FS must be circulated to its members at least 21 days before the date of its Annual General Meeting (“AGM”) and must be filed to the CCM within 30 days after the AGM has concluded.
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Q：
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Can an EOT be applied to circulate and lodge the FS?
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A：
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Yes. An EOT may be applied to circulate and lodge the FS via MBRS. Appended below are the timelines, fees, and types of submission for Malaysian private companies and public companies for the EOT:
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Description
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Type of Submission
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Timeline
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Fee
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Circulation of FS
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EA5A
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Private Company:
At least 7 days before the last day of circulation
Public Company:
At least 30 days before the last date to hold AGM
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RM100
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Lodgement of FS
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EA5B
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Private Company:
At least 7 days before the last day of lodgement
Public Company:
At least 30 days before the last date to hold AGM
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RM100
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FAQ
