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Q：
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What are the key annual filings of a company?
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A：
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Malaysian companies are required to submit their annual return and financial statements to the Companies Commission of Malaysia (CCM), as well as the various tax returns to the Inland Revenue Board of Malaysia annually.
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Q：
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What is the key information required in the annual compliance documents?
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A：
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Financial Statements: A comprehensive overview of the company's financial performance and position. It includes auditor's report, directors' report, directors’ statement, statutory declaration, balance sheet, profit and loss statement, cash flow statement, statement of changes in equity and explanatory notes.
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Annual Return: This document summarises the essential information of a company, such as business activities, registered address, business address, share capital, particulars of indebtedness, directors, shareholders, managers, company secretaries, auditors and other information.
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Annual Tax Returns: This includes Corporate Tax Return (Form C), Employer Tax Return (Form E), Employee’s Remuneration Statement (Form EA) and Tax Estimation (Form CP204).
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Q：
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Can the annual corporate filing be exempted?
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A：
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No, annual corporate filings are mandatory regardless of whether the company is active, dormant, small in size, or has no income. While a company may be exempted from audit, it is still required to file its unaudited financial statements with the relevant authorities.
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Q：
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What is the timeline for filing the annual corporate filings?
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A：
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Annual Filing
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Filing Deadline
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Annual Return
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Within 30 days from the anniversary of incorporation.
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Financial Statements
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Within 30 days from circulation
date (a private company is required to circulate its financial statements to
its members within 6 months from its financial year end).
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Form C
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Within 7 months (manual filing)
or 8 months (e-filing) from financial year end.
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Form CP204
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Within 30 days before the start
of new financial year.
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Form E
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By 31 March each year (manual
filing) or by 30 April each year (e-filing).
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Form EA
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By last day of February each
year.
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Q：
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Who is responsible for ensuring annual filings are made?
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A：
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The company’s directors, with support from the company secretary and tax agents, are legally responsible for ensuring timely and accurate filings.
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SOALAN LAZIM
