A company shall lodge to SSM an annual return within 30 days from the anniversary of its incorporation date.
Details required:
- Addresses of its registered office and places of business (such as branches);
- Other details such as shareholdings, directors, managers, secretaries, auditors, indebtedness etc.
Penalties under Section 68 of the Companies Act 2016:
- SSM may strike off a company if it fails to lodge an annual return for 3 or more consecutive years.
- The company and every officer who contravenes this section commits an offence and on conviction is liable to a fine not exceeding RM50,000, and in the case of a continuing offence, a further fine of RM1,000 for each day during which the offence continues.