To: All Accountants
On 22 November 2018, Suruhanjaya Syarikat Malaysia (SSM) issued an announcement on the implementation of the new format for the registration number of business entities registered with SSM.
SSM will use the new format for the registration number of business entities registered with SSM starting January 2019. The new format will replace the registration numbers for business entities registered with SSM such as companies, sole proprietors, limited liability partnerships and audit firms.
The new format of the registration number of the entities registered with SSM will contain 12 digits similar with the identification card numbers. The implementation of this new format will ensure efficient data management as it has one standardised format across all types of business entities. Refer Appendix 1 for the example of the new format.
The initiative on the implementation of the new format of the registration numbers is in line with the High Impact Program for Small and Medium Enterprises (SME HIP 1) led by the Malaysian Administrative Modernization and Management Planning Unit (MAMPU) with the Small and Medium Enterprise Corporation Malaysia (SME Corp. Malaysia). Apart from SSM, the implementation of the new format of registration number also involves other bodies who issue registration number for business entities as stated in Appendix 2 as reference.
During the transitional period, the existing registration number can still be used in conjunction with the new format registration numbers for a period which will be finalised later.
For further information pertaining to the above subject matter, please contact Puan Nazila Alias at 03-22994631/[email protected] or Encik Radzi Graham at 03-22994762/[email protected]
Please be guided accordingly.
DR. NURMAZILAH DATO' MAHZAN
Chief Executive Officer