No more Change In The Registered Address lodgments at SSM counters
Beginning December 1, 2017, all lodgments of the Notification of Change In The Registered Address (CRA) through the Companies Commission of Malaysia (SSM) counters will be rejected. This includes all counters at SSM’s head office, state offices and branches. According to a recent announcement from the SSM, the implementation of the lodgment of the CRA was under section 46(3) of the Companies Act 2016 through the MyCoID 2016 Portal. The Malaysia Corporate Identity Number or its acronym, MyCoID refers to the company incorporation number which is used as a single source of reference for registration and transaction purposes with other relevant Government agencies. With MyCoID, the public can utilise a single number derived from the incorporation number assigned by the Companies Commission of Malaysia (SSM) for registration, reference and transaction purposes with participating government agencies. Incorporation of companies and simultaneous registration with the participating government agencies can be made via the electronic MyCoID gateway. This breakthrough initiative enables the starting of a business within one day. Pursuant to the implementation of the MyCoID 2016 Portal, the Registrar of Companies prescribes that to facilitate online updates of the registered address of companies, the lodgment of CRA shall be made mandatory through the MyCoID 2016 Portal effective from 1 December 2017.