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According to a recent Berry Appleman & Leiden (BAL) advisory, the Malaysia’s Expatriate Services Division (ESD) has launched an SSM (companies commission of Malaysia) e-info update function in the ESD portal. Beginning 1 August this year, ESD-registered companies are now required to update their e-info annually.
BAL stated: “ESD-registered companies should plan to update their business information every year, as well as provide updates on any changes, including those to their address, financials, directors, shareholders or other details that affect their business profile.”
Currently, the MYXpats Centre manages the system manually and the system will notify companies if their information requires updates.
The new requirement aims to ensure that authorities are making decisions on employment pass applications based on the most recent company information.
Additionally, companies that fail to provide e-info updates annually may have their employment pass and professional visit pass applications put on hold.
BAL also highlighted that companies should note that MYXpats Centre may use the e-updates to track companies’ business profiles and that companies should expect additional requests for information or documentation to support their business presence in Malaysia.
Photo / 123RF
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