On Apr. 27, 2025, MLY COM announced physical statutory document submission at counters will end Jun. 1, 2025; it has introduced the above MBRS 2.0 for submission.
With phase 3 implementation, physical submission of statutory documents at counters will be fully terminated from Jun. 1; aligns with the goal of accelerating digitalization.
MLY COM announced the phased mandatory implementation of the Malaysian business reporting system (MBRS 2.0) on Dec. 1, 2024, Mar. 1, 2025, and Jun. 1, 2025.
Document submissions over the counter will thus only be accepted until Nov. 30, 2024.
Follows MLY COM Feb. 2021 update on business reporting system, see #99043.
Phase 1
Phase 1 is effective Dec. 1, 2024, and involves the annual statement (PT) and the unaudited financial statements and reports (PK) under the Companies act 2016.
Also includes certificate for exempt private company (EPC) application and submission of rectification/court order for PT and PK not audited under the aforesaid act.
Phase 2
Phase 2 is effective Mar. 1, 2025, includes PT and PK under the Companies act 1965.
It also includes PK for financial institutions regulated by MLY CB, and application and submission of rectification or court order for audited annual and financial statements.
Phase 3
Phase 3 will be effective Jun. 1, 2025, and it includes all the application and submission of rectification or audited PK court order under the Companies act 2016.
This also includes all applications related to extension of time or PK exemption.
Apr. 2025 Mandatory Document Filing
On Apr. 27, 2025, MLY COM announced physical statutory document submission at counters will end Jun. 1, 2025; it has introduced the above MBRS 2.0 for submission.
With phase 3 implementation, physical submission of statutory documents at counters will be fully terminated from Jun. 1; aligns with the goal of accelerating digitalization.
