The Companies Commission of Malaysia (SSM) may exempt audit private limited companies from being audited, according to the guidelines implemented starting in 2018. Bestar Consulting provides a full range of accounting services, including the compilation of unaudited financial statements to comply with the statutory requirements of the IRB and SSM.
We offer one of the most competitive packages in Malaysia
Compilation of Unaudited Financial Statements-Dormant Company: RM 500
Compilation of Unaudited Financial Statements-Active Company: RM 1,000
Note: 6% service tax is applicable for both packages.
Documents You Will Receive
After filing the unaudited financial statements with SSM, we will provide you with a certified true copy of the following documents:
Director’s Statement and Report in accordance with the Company Act 2016
Detailed unaudited profit and loss statement at the end of the year
Prepared balance sheet according to the approved accounting standards (MPERS)
Detailed and specified notes of the financial statement in compliance with the approved accounting standards (MPERS)
The profit and loss statement is also known as the statement of financial performance. The document gives you detailed information about your sales, expenses, profits & loss, and a summary of your company’s financial standing for the fiscal year.
A balance sheet is also known as a statement of financial position. If you are a small and medium business and looking to qualify for audit exemption, then you must present a Director’s Report & Statement, Profit & Loss, Balance Sheet, and Compliance Notes to comply with Malaysia’s laws and regulations. Only then will you be able to file your company’s annual returns to SSM.
Bestar Consulting Std. Bhd is an emporium service provider with an inclusive array of company registration, company secretary, audits, immigration, bookkeeping, taxation, accounting and financial services in Malaysia. Our team comprises experienced professionals whose priorities is do their best to help our customers and address their concerns in timely manner.