What is the meaning of good standing from SSM?
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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