Avoid SSM Penalties: Publish Your Registered Company Name and Number on Your Websites and Social Media 

Many business owners probably know that displaying their registered company name and number on physical signboards and office premises is a requirement. However, when it comes to their online platforms, such as websites and social media, it’s surprising how many of us forget to do so. Failure to comply with these requirements could result in additional measures taken by the Companies Commission of Malaysia (Suruhanjaya Syarikat Malaysia or SSM), which may include imposing a penalty up to RM50,000, a three-year imprisonment, or a combination of both.

Publication of company registered name and number on websites & social media

According to the Companies Act 2016 Section 30(2), a company needs to show its company registered name and number on various documents. This includes Company official publication including electronic forms, websites, financial documents like cheques and invoices, and all other business correspondence. It’s a legal requirement to have this information displayed.

As of May 7, 2020, new rules were introduced for online businesses under the Registration of Business (Amendment) (No.2) 2020. Now, if you’re running an online business, you’ve to displayed your business name and number on your website, social media platform, and any online marketplaces.

It’s time to ensure that your company name and registration number are visible on your online platform to avoid any penalty. Below is how SiteGiant practice it, you can take it as a reference.

How SiteGiant practices. 

1. SiteGiant Official Websites
2. SiteGiant Official Facebook Page
3. SiteGiant Official Instagram Page
4. SiteGiant Official Youtube Channel

Stating the company name and registration number on your website and social media will help demonstrate transparency, enhance consumer buying confidence and avoid penalties by SSM.

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