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About Us

Suruhanjaya Syarikat Malaysia (“SSM”) introduced a digital submission platform based on the eXtensible Business Reporting Language (“XBRL”) format in 2018. This submission platform is known as the Malaysian Business Reporting System (“MBRS”) which allows for the digital annual filings of:

  • Financial Statements and Reports (“FS”);
  • Annual Returns (“AR”); and
  • Exemption Applications (“EA”) related to FS and AR applications.

All companies incorporated in Malaysia that are required to submit their annual statutory Financial Statements to SSM, will now be required to digitally submit these Financial Statements in XBRL format. Previously, all submissions were in non-digital formats and transacted over the counter at designated SSM offices. The MBRS filing requirements will be applicable for companies with statutory financial periods ending on or after 31 December 2018.

The date when submission of audited financial statements through MBRS is mandatory will be announced in the future.

Requirements For Different Types of Company

Companies that are audited

Non-exempt private companies

Mandatory submission of the following documents through MBRS:

  1. Annual return.
  2. Exemption application related to annual return and financial statements (if any).

Optional (voluntary) submission of the following document through MBRS:

  • Audited financial statements.
Exempt private companies

Mandatory submission of the following documents through MBRS:

  1. Certificate for EPC.
  2. Annual return.
  3. Exemption application related to annual return and financial statements (if any)

Optional (voluntary) submission of the following document through MBRS:

  • Audited financial statements.

Companies that meet the criteria for audit exemption under Practice Directive 3/2017

Mandatory submission of the following documents through MBRS:

  1. Audit exemption certificate.
  2. Unaudited financial statements.
  3. Annual return.
  4. Exemption application related to annual return and financial statements (if any).