SSM offers up to 80% discount on compounds

PETALING JAYA: Companies Commission of Malaysia (SSM) is offering up to 80% discount for compounds imposed on companies, starting Sept 1 until Dec 31.
Domestic Trade and Consumer Affairs (KPDNHEP) Minister Datuk Saifuddin Nasution Ismail, who officiated SSM National Conference 2018 this morning, said the move was taken in conjunction with SSM’s “Comply with Company’s Act 2016, Ambil Berat, Sayangi Syarikat” campaign.
Saifuddin said the campaign is aimed at providing an understanding, awareness and reminder to the public of the basic requirements and provisions that need to be complied under the Company Act 2016.
Asked on the ministry’s readiness towards the implementation of the new Sales and Services Tax (SST) early next month, Saifuddin said that the ministry has taken the necessary steps including preparing its agencies and departments that are responsible to monitor and control prices of goods.