MINISTER’S MESSAGE

Salam Sejahtera.

I am pleased to introduce the Companies Commission of Malaysia’s (SSM) Annual Report for the year 2021.

As the Minister helming the Ministry of Domestic Trade and Consumer Affairs (MDTCA), the Ministry’s vision is for domestic trade to be the backbone of a high-income economy and one of the Ministry’s missions is to ensure that key domestic sectors are developed, become competitive as well as sustainable. SSM which is an agency under the Ministry plays an important role in ensuring that the vision and mission of the Ministry can be achieved.

YB DATO SRI ALEXANDER NANTA LINGGI

Minister of Domestic Trade and Consumer Affairs

CHAIRMAN’S FOREWORD

Assalamualaikum dan Salam Sejahtera.

First and foremost, I would like to take the opportunity to congratulate all Companies Commission of Malaysia (SSM) staff who were involved in the publication of SSM’s Annual Report 2021.

This is my second year of service in SSM as its Chairman. This year is also the second year Malaysia is facing the COVID-19 pandemic albeit in a new environment with the introduction of vaccine where the complete vaccination rate for the adult population under the National COVID-19 Immunization Plan (PICK) has reached 90 per cent. Thus, we are on the path of economic recovery through the re-opening of restaurant premises, grocery stores, shopping malls, sports facilities including gymnasiums, offices and other premises.

YBHG. DATUK SERI HJ. HASNOL ZAM ZAM BIN HJ. AHMAD

Chairman
Companies Commission of Malaysia

CHIEF EXECUTIVE OFFICER’S REVIEW OF THE YEAR

Assalamualaikum dan Salam Sejahtera.

I am pleased to present the Companies Commission of Malaysia (SSM) Annual Report for 2021. This year is the second year our country has been confronting the struggles due to the COVID-19 pandemic. Nevertheless, we are grateful that the National COVID-19 Immunization Programme (PICK) has been mobilised in time, to curb the pandemic which in turn has led to the reopening of the economic sectors to support the country’s economic recovery process.

YBHG. DATUK NOR AZIMAH BINTI ABDUL AZIZ

Chief Executive Officer
Companies Commission of Malaysia

KEY STATISTICAL INFORMATION 2021

COMPLIANCE RATE 2021
90
COMPANIES
Local
45,394
Foreign
22
Total Companies Incorporated in 2021
45,416
Total Companies as at
31 December 2021
1,434,323
BUSINESSES*
Sole Proprietorships
350,195
Partnerships
34,105
Total Businesses Registered in 2021
384,300
Total Businesses as at
31 December 2021
8,285,467
LIMITED LIABILITY PARTNERSHIPS (LLP)
Total LLPs Registered in 2021
3,646
Total LLPs as at
31 December 2021
30,252
ENFORCEMENT INITIATIVES
Inspections of companies
329,171
Inspections of businesses
194,935
Inspections of limited liability partnerships
4,478
Prosecution action brought against companies
6,507
Prosecution action brought against businesses
375
* The Registration of Businesses Act 1956 is not applicable to Sabah and Sarawak.

Management Report

SERVICE DELIVERY
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ENFORCEMENT INITIATIVES
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REGULATORY REFORM INITIATIVES
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TRAINING ACADEMY & KNOWLEDGE MANAGEMENT
READ MORE
STAKEHOLDERS’ ENGAGEMENT AND COLLABORATIONS
READ MORE
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