Does my company need an audit?
Not necessarily. Under SSM's expanded audit-exemption framework, qualifying private companies — currently annual revenue and assets not exceeding RM2 million with no more than 20 employees, thresholds phasing upward — may lodge unaudited statements, as may dormant companies. Everyone else audits; some exempt companies still audit for banks or investors.
Statutory figures: SSM audit exemption practice directive
Also asked as: audit exemption criteria; new company need audit ke; syarikat kecil wajib audit; audit exemption 2026.
We assess your position each year against the current phase thresholds and connect the panel auditor only when an audit is actually required or commercially worth having.
Key facts
- Current phase: revenue & assets ≤RM2m, ≤20 employees (rising to RM3m)
- Dormant companies exempt
- Banks/investors may still want audited numbers
WhatsApp +60 10-383 5988 (licensed secretary replies the same working day) or walk in at J-3A-15, Solaris Mont Kiara.