KTP & Company PLT

Got SME boss WhatsApp me on and off. Panic mode.

Sdn Bhd behind 2 years annual returns, 3 years financial statements. Every time see SSM letter, heart also pain. SSM compound calculation scare until he cannot sleep.

Boss, relax. SSM just opened a door.

13 April 2026. SSM launched the Kempen Pemulihan Serah Simpan Dokumen Statutori (Compliance recovery campaign). Open from 16 April to 30 September 2026.

The deal is simple.

  1. Sign an undertaking (akujanji) with SSM. Commit to bring your overdue filings up to date, OR
  2. Apply to strike off if company already tak aktif.

Timeline :
3 months for overdue annual returns and beneficial ownership
6 months for overdue financial statements
3 months to apply for strike off

In return?
Compound reduction 90% to 98.75%. Savings RM900 to RM39,500 per offence.
Plus 6 months exemption from compound offer AND prosecution from the day you sign.
Regulator hands off for half a year.

SSM also running Compliance Clinics in 5 states (KL, Selangor, Johor, Sabah, Sarawak) throughout April dan May. Free consultation with SSM officer. Johor boss, take note.

My client’s case? We ran the numbers. Normal compound few 万 ringgit. Under this campaign, only a fraction of that.

Lesson here : compliance problem will not disapper automatically. Every year you ignore, tambah lagi.

When regulator open a window like this, don’t wait until September to start. The 3 and 6 month clock start the day you sign, not when campaign start. Sign early, more runway.

SME boss, check your company SSM status this week. Got backlog? Talk to SSM.

Read the full story in our blog
https://lnkd.in/gusY6qVZ

Leave a comment

I’m Koh Teck Peng

Welcome to my blog, I’m the founder and principal of KTP & Company PLT. My journey in the accounting profession has been driven by a passion for numbers and a dedication to helping businesses succeed. With over 25 years of experience, I’ve had the privilege of working with a wide range of clients, from small startups to large corporations, providing them with the financial insight and strategic guidance they need to thrive.

Let’s connect

Design a site like this with WordPress.com
Get started