Has your company submitted an audit report? Latest MBRS 2.0 regulations!
Financial Statements Must Be Submitted Through MBRS 2.0
- Effective from 1 June 2025, companies are required to submit their Financial Statements through the MBRS 2.0 system
- Traditional paper-based submissions are no longer accepted
What Is MBRS?
- MBRS (Malaysian Business Reporting System) is SSM's online reporting platform
- It is used for the electronic submission of statutory documents and financial information
Last-Minute Submission Is No Longer Practical
- Audit Reports must be prepared and converted into the format required by MBRS 2.0
- Company secretaries can no longer rely on submitting documents at the SSM counter at the last minute
Supporting Digitalization and Compliance
- MBRS 2.0 aims to improve reporting efficiency
- It enhances transparency and promotes automated compliance management
Summary
- From 1 June 2025 onwards, Financial Statements must be submitted through MBRS 2.0
- Companies should prepare their Audit Reports and supporting documents early
- Consult your company secretary promptly to avoid late submission penalties