Just registered a Sdn Bhd? Here is what comes next
Every obligation after the SSM certificate, in the order it comes up, with the deadline and a link to the official source. Tick them off as you go.
The first month after incorporation
- Appoint a licensed company secretaryWithin 30 days of incorporation
Every Sdn. Bhd. must have a qualified company secretary, who keeps the statutory registers and tells SSM about changes.
- Registered office and statutory registersFrom day one
The company needs a registered office and keeps its registers of members, directors and officers, and beneficial owners there.
- Beneficial owners (e-BOS)Within 60 days of incorporation
Identify the people who own or control the company, record them in its register, and tell SSM through e-BOS within 14 days of recording them (inside the 60 days). No company is exempt.
- Check the company's tax number (TIN)After incorporation
The company's tax number is normally created automatically when SSM incorporates it. Check it on MyTax; if it is not there, apply through e-Daftar.
Before you start trading
- Premises and signboard licence (local council)Before operating from premises
Incorporation is not a licence to trade. Get a business premises licence, and a signboard licence if you put up a sign, from your local council.
- First tax estimate (CP204)Within 3 months of starting operations
Counted from the start of operations, not incorporation. A qualifying SME may be exempt in its early years; check eligibility with your accountant.
When you hire your first employee
- Register as an EPF (KWSP) employerWithin 7 days
Register with KWSP within 7 days of hiring your first employee.
- Register with PERKESO (SOCSO & EIS)Within 30 days
Register the company and each employee with PERKESO through the ASSIST portal within 30 days of hiring.
- LHDN employer number (E) and e-CP22Before the first payroll; CP22 within 30 days
Register an employer number (E) through e-Daftar before the first PCB deduction, and file e-CP22 within 30 days of each new employee starting.
- Contributions and PCB every monthBy the 15th of the following month
EPF, SOCSO, EIS and PCB are paid every month, by the 15th of the following month.
Keep an eye on through the year
- SST registration thresholdWhen 12-month sales pass the threshold
Watch your taxable sales or services over 12 months. The usual threshold is RM500,000.00; some services have other thresholds. Register on MySST by the last day of the following month, then file SST-02 every 2 months.
- e-InvoiceWhen yearly turnover reaches RM3,000,000.00
Businesses with yearly turnover below RM3,000,000.00 are exempt, unless the company belongs to a larger group (a corporate shareholder, holding or related company with turnover of RM3,000,000.00 or more).
- Auditor or audit exemptionFor every financial year
The company appoints an auditor unless it qualifies for SSM's audit exemption (Practice Directive 10/2024: meeting 2 of 3 size tests, namely revenue, total assets and employees).
Every year
- Form C, financial statements, Annual Return, Form EBy your FYE and incorporation date
Form C within 7 months after FYE; financial statements circulated within 6 months and lodged within 30 days after that; the Annual Return within 30 days of each incorporation anniversary; Form E by 31 March, even with no employees.