Applications for reliefs under the Companies Act

Audience

Accounting entities

Businesses

Corporate service providers (CSPs)

News Topic

Regulatory updates

Category

Announcement

9 December 2024

This page provides a summary of applications for the following:

local companies seeking reliefs from financial reporting requirements under sections 29(1), 29(2), 29(4), 201(12), 202 and 202A of the Companies Act,
foreign companies seeking reliefs from financial reporting requirements under sections 373(12) and 373(13) of the Companies Act .

This is an update of the contents previously contained in Practice Direction 6 of 2015, which has been repealed on 25 Feb 2021.

Applications for local and foreign companies under sections 201(12), 202, 202A and 373(12) / 373(13) / 373(13A) of the Companies Act

Sections of Companies Act	Name of applications	Links
Applicable for Local Companies Unlimited / Limited by Shares
201(12)	Application for exemption from compliance with the Accounting Standards	S201(12) and S202
202	Application for relief from requirements relating to form and content of financial statements and directors’ statement	S201(12) and S202
202A	Notification of revised financial statements	s202A
Applicable for Foreign Companies
373(12) / 373(13) / 373(13A)	Application for financial reporting reliefs for foreign company	s373(12)/(13)

Applications by Companies Limited by Guarantee under sections 23(2), 29(1)/29(2) and 29(4)

Section of Companies Act	Name of Application	Links
29(1) / 29(2)	Application for omission of the word 'limited' or 'berhad"' from company name	CLGs' applications (opens in new tab)
29(4)	Application for alteration of constitution	CLGs' applications (opens in new tab)