SSM Reminder: Failure to Display Business Registration Certificate Can Result in a Fine of Up to RM2,000!

The Companies Commission of Malaysia (SSM) has reminded all business owners that they are required to publicly display their Business Registration Certificate (Sijil Perakuan Pendaftaran Perniagaan) at a visible area within their business premises. Failure to do so may result in fines, imprisonment, or both. In a social media post, SSM stated that every business… Continue reading SSM Reminder: Failure to Display Business Registration Certificate Can Result in a Fine of Up to RM2,000!

SSM’s Extension of Time (EOT)

As a business owner in Malaysia, it’s crucial to be aware of the compliance requirements set by the Companies Commission of Malaysia (SSM). One such requirement involves the timely circulation and lodgement of your company’s financial statements. However, unforeseen circumstances might necessitate additional time. In such cases, SSM provides an avenue known as the Extension… Continue reading SSM’s Extension of Time (EOT)

Competition Law in Malaysia for Business Owners and Directors

Competition law affects how businesses operate, even when owners are unaware of it. In Malaysia, the Competition Act 2010 regulates agreements between businesses and conduct by dominant players. This article explains the key rules, common risk areas, and what business owners and directors should understand to avoid penalties and operate with confidence.