Tax Filing and Annual Return Submission in Malaysia

Tax Filing and Annual Return Submission in Malaysia 

All the companies established in Malaysia under the SSM (Suruhanjaya Syarikat Malaysia) which also known as CCM (Companies Commission of Malaysia) are required to hold the Annual General Meeting (AGM) and submission of Annual Returned and Tax Filing to the relevant government department every year.

There are two (2) related government department to be reported:-

  • Lembaga Hasil Dalam Negeri (LHDN) – Income Tax
  • Suruhanjaya Syarikat Malaysia (SSM) – AGM and Annual Return

Whatever sizes of any Sdn Bhd company, after one year or a certain period of running up a small, medium or big business or in dormant status, it is a must for all the Sdn Bhd companies to final their accounts and send for audit to fulfil their obligation to submit the company’s income tax and annual return to the respective government department.

Thus, as a business owner or directors is a must to know the meaning and importance of what are the procedure to file the income tax and annual return.

The assignment to complete the tax filing and submission of annual return consist of the following 4 processes:-

  • Management Accounts (by Accountancy or Self-Employed Staffs)
  • Audit Reports (by Appointed Audit Firm)
  • Tax Filing (by Appointed License Tax Agent)
  • Annual Return Filing (by Appointed Company Secretarial)


When to Get Ready for the Processing of Tax Filing and Annual Return

Generally, whole procedure to complete the above-mentioned 4 processes would request for about 3 months period. It is importance to understand the due dates of your company, then only able to plan when to hand over all the relevant accounting documents or files to the concern department for their further actions.

Below is an example for ABC Sdn Bhd company’s due dates of each registration and filing:-

Date of Incorporation 2 January 2015
Date of Financial Year End 31 December 2015
Date of Annual General Meeting 30 June 2016
Date of Income Tax Filing 31 July 2016

To avoid from any late penalty charges by LHDN and SSM, the directors of ABC Sdn Bhd have to gather all the accounting documents and arrange with the Accounting Firm to handover all the files, documents and etc to for further processes as below schedule:-

Tips on tax filing in Malaysia