The transition from the Companies Act 1965 to the Companies Act 2016 brought changes to the names and purposes of several SSM forms, simplifying compliance for businesses.
In Malaysia, the Companies Act 2016 (CA 2016) represents a significant overhaul from the Companies Act 1965 (CA 1965). The new CA 2016, which came into effect on January 31, 2017, introduces modern regulatory practices and aims to simplify and enhance the ease of doing business.