Jul2022 B4 MISHU ContentBlog Batch4 01 01

SSM? What Is That And Why Do I Need That For My Business

Have you ever had an item that holds an important and irreplaceable spot in your life that you’d want to keep it somewhere safe that is free from harm’s way? Or maybe something that you’re so proud of, you’d want to frame it up nicely and place it somewhere visible to everyone? Maybe think of your family’s wedding or your graduation photo that is up there hanging on the wall. In life, there are a variety of documents that play a huge role in our lives and losing these documents might be very costly. These documents might be something like our Identification Card (IC), driver’s license, birth certificate, passports and even more! 

Suruhanjaya Syarikat Malaysia (SSM)

Did you know your Suruhanjaya Syarikat Malaysia (SSM) certificate is that one item that you’ll need to keep it somewhere safe but also visible to others as it is considered one of the important documents for your business? It somewhat represents your business’s IC, and you will need to keep it framed nicely just like your graduation photo. You might be wondering, what is an SSM certificate and why is it so significant for my business? Well, to put it in simple words, Suruhanjaya Syarikat Malaysia (SSM) also known as ‘The Companies Commission of Malaysia’ in English is a government body that regulates Malaysian businesses and companies. So, an SSM certificate basically acts as proof and an acknowledgement that the business is legitimate and has been legally registered. Every business that has the SSM certificate will have a unique SSM number that can be used to track and trace the business’s details on the SSM’s website.  

Where I Should Display ?

With that knowledge, now we will need to know where you will need to place these important SSM certificates for your business. For your physical store, to put it into simple terms… you can put it anywhere! Anywhere is possible as long as it is visible to authorities whenever required! It is sometimes normal to see people that would like to frame their SSM certificate and hang it near their counter or even places that are easier to spot as proof to people that their business Is legitimate.  

On the other hand, if you have an online website, or only operate solely online, it is too required to show your SSM unique serial number at the bottom of your website. As credibility is one of the most important aspects of a website, SSM also introduces SSM BizTrust, which acts as a seal of assurance that this website or business has complied with SSM’s principles and criteria. Thinking of starting an online business but don’t plan to register your business with the SSM? Well, that will be a very risky move to do so as businesses that fail to comply will be dropped from the online platform and might face severe punishment such as a two-year jail term or a fine of RM50,000 or even both at the same time! 

Look, I understand you’re eager to start your business right now and you’ve found the process to apply or renew for an SSM certificate a troublesome one. Why not leave the troublesome process for us to deal with while you can work on your multi-million-dollar business plan? Illegal ways might be faster, but it is never safe, and one might even suffer severe consequences because of it. To prevent this from ever happening to your business, visit our MISHU website for more information! We’re eager to help your business grow! 


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