What is Financial Year End (FYE)?

When establishing an Sdn Bhd, it's essential to determine the company's financial year end and appoint both an Auditor and a Tax Agent.

Simply put, it is the last day of the accounting period, within 18 months from the first year of the company's incorporation.

🧐Why do you need to set a Financial Year End (FYE)?

👉Companies are required to submit CP204 (Tax Estimate) within 3 months from the date of commencement of operations, but the base period for the year should not be less than 6 months.

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