What is the meaning of good standing from SSM?

What is Attestation of Company Good Standing (ACGS)?

ACGS is a confirmation from SSM that a company has met the criteria that were set in the issuance of this ACGS.

The Content in ACGS

Ø Company Name

Ø Company Registration Number

Ø Incorporation Date

Ø Types of the Company (Public /Private)

Ø Registered Address

Criteria of ACGS Product for a Company

1. Incorporated for at least 18 months from the date of purchase ACFS;

2. Lodged its latest annual return and audited financial statements or certificate relating to an Exempt Private Company;

3. Existence and not in the process of being wound up or struck off or dissolved ;

4. Not dormant according to the nature of business;

5. Has a registered address;

6. The company or its directors do not consist of any outstanding compound; and

7. The company or its directors do not have any pending prosecution case.

Why is ACGS important?

a) Official

– Confirmation issued by SSM and able to verified by digital scan QR code

b) Compliance

– The company’s statutory form and return are filed, up to date and well maintain or organised

c) Trustworthy

– Meet the criteria set up by SSM with confirmation and certification

d) Reliable

– consistently good in quality or performance and able to be trusted

How to generate a company ACGS?

ACGS can be generated upon request by the user if it passes the set criteria.

Will be available in SSM e-info if the Company meets all the requirements.

Where to purchase and the cost?

The user can purchase ACGS from SSM e-Info website [https://www.ssm-einfo.my/]

RM105 for each purchase.

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