11 SSM Fees To Know Before Incorporating A Sdn Bhd
One look at SSM’s official table of fees and just about anyone gets that there are numerous fees associated with operating a Sdn Bhd in Malaysia.
Not paying a fee incurs an even more costly penalty, so there’s no running away!
Point is, if you’re thinking of converting your Enterprise into a Sdn Bhd, be prepared for the following eleven SSM incorporation fees that will come your way eventually.
7 key fees
These are a mix of mandatory fees and those likely incurred in your first year of operating:
| No. | Matter | Fee |
|---|---|---|
| 1 | Incorporating a new Sdn Bhd | RM1,000 |
| 2 | Reserving a company name | RM50 for every thirty days or part thereof with a maximum of 180 days |
| 3 | Filing Annual Returns | RM150 |
| 4 | Lodging audited financial statements & reports | RM50 |
| 5 | Applying for extra time to lodge financial statements & reports | RM100 |
| 6 | Appointing new auditors as replacements | RM500 |
| 7 | Applying for extra time to hold the company’s annual general meeting | 100.00 |
4 possible fees
These are fees that are common with companies that have been operating for some time:
| No. | Explanation | Fees (RM) |
|---|---|---|
| 1 | Filing changes or amendments to the company’s constitution | RM30 |
| 2 | Changing the company’s name | RM100 |
| 3 | Replacing old auditors with new ones | RM500 |
| 4 | Filing a court order not linked to a specific application under Companies Act | RM100 |
Let MISHU help you navigate SSM fees
The Companies Act 2016 is not what we’d call ‘light’ reading, so if you have a question about a certain SSM fee or compliance requirement, we’d be happy to answer it. Drop us a message!