Description
- Changes in company details involve updating information registered with the Companies Commission of Malaysia (SSM) to reflect any modifications in the company’s structure or operations. These changes include amendments to company name, registered address, directors, shareholders, or business activities.
GOV Department
- Suruhanjaya Syarikat Malaysia (SSM) / Companies Commission of Malaysia
License Name (Malay)
- Perubahan Maklumat Syarikat
Details
- Applicable to private limited companies (Sdn Bhd) and other registered entities.
- Examples of changes include:
- Updating company name or trade name.
- Altering the registered address or business location.
- Adding or removing directors or shareholders.
- Modifying business activities or nature of operations.
- All changes must be reported to SSM using the appropriate forms (e.g., Form 13A for name changes, Form 49 for director/shareholder updates).
Important Rules
- Companies must notify SSM of any changes within 14 days of the change occurring, as required by the Companies Act 2016.
- Supporting documents, such as board resolutions or shareholder agreements, must accompany the application.
- Failure to update SSM records accurately or timely is considered a breach of compliance.
- The updated details must align with the company’s constitution and any other regulatory requirements.
Compound & Punishment
- Failure to notify SSM of changes within the required time frame may result in:
- Fines up to RM50,000 or imprisonment for directors, depending on the severity of the breach.
- Suspension of company operations for non-compliance.
- Providing false or misleading information can lead to legal action and additional penalties.
Advisor
Jeffrey Eh Hao Yih , Director
Jeffrey has been providing expert guidance for businesses dealing with ongoing challenges. With his expertise, he aids clients in strategic business planning, streamlining operations, and enhancing productivity. Additionally, Jeffrey offers diverse business technology services to help digitize traditional businesses effectively.
Commonly Asked Question
It means updating your company’s information with SSM when there are any changes, such as company name, address, directors, shareholders, or business activities.
Yes, a licensed company secretary is required to file changes with SSM. Conzlab’s secretarial team can manage the entire process for you.
The cost depends on the type of change (address, director, shareholding, etc.). Conzlab offers transparent pricing and handles the full submission to SSM.
You will need the company resolution, updated information (e.g. address, directors, or business nature), and supporting documents. Conzlab can help prepare and submit these to SSM.
Common changes include:
- Company name
- Business or registered address
- Directors or shareholders
- Company secretary
- Share capital or ownership
- Business activities (MSSIC code)
-
Constitution or company rules
Yes. You can change your company name by submitting an application for Name Search and Reservation, followed by Form Section 28 to SSM.
Once approved, SSM will issue a Notice of Change of Name.
SSM may issue compound fines to the company, directors, or secretary.
In serious cases, SSM can also strike off the company for non-compliance.
Yes, SSM charges a filing fee depending on the type of change — usually between RM20 to RM100 per submission.
Your company secretary may also charge a service fee.
You must notify SSM within 14 days from the date of the change (for most updates).
Example: If a director resigns on 1 April, the change must be filed by 15 April.
Because under the Companies Act 2016, all companies must keep their records accurate and up to date with SSM.
Failing to report changes can lead to penalties or compounds.