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We are pleased to announce that Beyond Corporate Group recently participated in theWe are pleased to announce that Beyond Corporate Group recently participated in the   British Malaysian Chamber of Commerce (BMCC)   Annual General Meeting. Our engagement with BMCC reflects our commitment to delivering comprehensive and compliant secretariat and corporate governance solutions. It was a privilege to witness the chamber’s achievements and ongoing efforts to foster business excellence and collaboration. We look forward to continuing our professional support for BMCC and contributing to their organizational success.

The Companies Commission of Malaysia (SSM) has introduced new audit exemption criteria for private companies, effective for financial periods starting 1 January 2025. The revised thresholds allow companies to qualify for audit exemption if they meet any two of the following criteria: Annual revenue not exceeding RM3,000,000 (approx. USD640,000). Total assets not exceeding RM3,000,000 (approx. USD640,000). Not more than 30 employees. The implementation will be phased over three years: Phase 1 (2025-2026): Revenue ≤ RM1,000,000 (USD213,000), Assets ≤ RM1,000,000 (USD213,000), Employees ≤ 10. Phase 2 (2026-2027): Revenue ≤ RM2,000,000 (USD426,000), Assets ≤ RM2,000,000 (USD426,000), Employees ≤ 20. Phase 3 (2027 onwards): Revenue ≤ RM3,000,000 (USD640,000), Assets ≤ RM3,000,000 (USD640,000), Employees ≤ 30. This initiative aims to reduce regulatory burdens for SMEs, with 51% of active companies expected to benefit by 2027.

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