Your Trusted Company Secretary in Malaysia
About Audit Exemption in Malaysia
Audit Exemption
Even if a Sdn Bhd qualifies for audit exemption,
it must still submit unaudited financial statements and related documents to SSM.
The requirement for financial reporting remains mandatory under Section 259 of the Companies Act 2016
Companies Act 2016
Unaudited Financial Statements (UFS)
Key submission requirements include:
1. UFS complying with approved accounting standards (e.g., MPERS)
2. Directors' reports and statutory declarations (Section 258–259 of CA 2016)
3. Audit exemption certificate (Appendix 1 of Practice Directive 10/2024), signed by a director, confirming eligibility
4. Submission timelines follow a phased approach:
- For FY2025 (Phase 1), submit starting 1 January 2026
Dormant companies and those meeting the phased thresholds are exempt from audits but must still lodge compliant unaudited accounts.
Failure to submit may result in penalties under SSM regulations.
Financial Statements Assistance
AmazingCosec Sdn. Bhd.
A Digital Company Secretary (Cosec) assisting SME owners and managers to comply with Companies Act 2016 and other related acts.
Backed by a group of professionals mainly Chartered Accountants, we knows how to advise SMEs better...
Our Services
Not sure if qualify Audit Exemption??
We can assist! Contact us for FREE Consultation.
Annual Financial Statements
Cosec Advisory Services
Sdn Bhd 有限公司 不再需要 审计师 (Auditor) 了吗？
是的，你没听错！
前提是，你的公司必须符合 SSM 最新（2024 年12 月）的审计豁免门槛！(Audit exemption)
这项政策预计能为符合资格的中小型企业省下数千令吉的 Audit fees。
但是！公司仍然需要：
- 每年向 SSM 提交未经审计的财务报表 (UAFS)。预计费用：RM1,000 (包括提交 MBRS 的费用)
- 税务申报：还是需要做账, 然后提交 Form C 给 LHDN 还有 每年的 Form E & CP204。
最新豁免条件
一家私人公司若如何以下其中两项标准，就符合豁免审计资格：
【1】 年度收入
公司在当前财政年度及前两个财政年度的年度收入不超过 RM3,000,000 （2027 年）
【2025 年是马币一百万】
【2】 总资产
公司在当前财务状况报表及前两个财政年度的总资产不超过 RM3,000,000 （2027 年）
【2025 年是马币一百万】
【3】 员工人数
公司在当前财政年度末及前两个财政年度的员工总人数不超过30名
【2025 年是 10位员工】
What we stand for?
AmazingCosec is dedicated to assisting SME owners and managers in complying with the Companies Act 2016 and other related acts. We specialize in ensuring that all SDN BHD prepare and submit Financial Statements annually to SSM, whether audited or unaudited.
