Free PDF for Sdn Bhd directors
Does your company still need an audit?
SSM's audit exemption thresholds rise every year until 2027. This kit helps you check whether your Sdn Bhd qualifies, and what is still required even when exempt.
- Threshold table for 3 phases, 2025 to 2027
- 4-question flowchart: qualify or not
- 3-year worksheet for your company's figures
- What is still required even when exempt
- When an audit is still worth it: banks, tenders, investors
SSM's new thresholds
You qualify if you meet 2 of 3 criteria
For the current financial year and the 2 years before it. Thresholds follow the date the financial year begins, not the filing date.
| Phase | Financial year beginning | Revenue (RM) | Total assets (RM) | Staff |
|---|---|---|---|---|
| 1 | 2025 | 1 million | 1 million | 10 |
| 2 | 2026 | 2 million | 2 million | 20 |
| 3 | From 2027 | 3 million | 3 million | 30 |
Not eligible: public companies, subsidiaries of public companies, foreign companies, and exempt private companies that opt to lodge an EPC certificate. Even when exempt, financial statements must still be prepared and lodged with SSM.
General information only, not tax, accounting or legal advice. Accurate as at November 2026 and subject to change; seek professional advice before making any decision.