Company Secretarial

Example company - ABC Sdn Bhd Incorporated on 30 June 2022, if set Finance Year End (FYE) on 31 Dec 2023?

Certainly, but it will be the Finance Year End (FYE) for ABC Sdn Bhd set on 31 Dec 2022, it's essential to note that this would result in a late lodgment of audited Financial Statements (FS).

Alternatively, you may consider adjusting the Finance Year End (FYE) to align with the next financial cycle to avoid any delays in the lodgment process.

Please be aware that, due to the example company's incorporation date on 30 June 2022, the Finance Year End (FYE) must be set within 18 months from the date of incorporation. Therefore, the latest permissible Finance Year End (FYE) for ABC Sdn Bhd would be 30 November 2023.

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