Complete Solution to all your MBRS / XBRL Conversion requirements
XBRL Experts provide you with a simple and secure way to prepare and file the Statutory and Other Reports with SSM. Our technology and quality assurance processes ensure that your output is 100% correct each and every time.
COUNTRIES
YEARS
COMPANIES
REPORTS
The Companies Commission of Malaysia (SSM) is a statutory body formed as a result of a merger between the Registrar of Companies (ROC) and the Registrar of Businesses (ROB) in Malaysia which regulates companies and businesses. The main activity of SSM is to serve as an agency to incorporate companies and register businesses as well as to provide company and business information to the public. SSM introduced a digital submission platform based on the eXtensible Business Reporting Language (XBRL) format in 2018. This submission platform is known as the “Malaysian Business Reporting System” (MBRS) which allows for the annual submission filing of:
– Financial Statements and Reports (FS);
– Annual Return (AR); and
– Exemption Applications (EA) which are related to the FS and AR applications.
All companies incorporated in Malaysia are required to file annual returns and financial statements in XBRL format, except for those which are exempted. The XBRL report has to be prepared in accordance with applicable standards such as Malaysian Financial Reporting Standards (MFRS) Taxonomy or Malaysian Private Entity Reporting Standards (MPERS). Some companies will file a full set of financial statements in MBRS format, while some others will file only Key Financial Indicators in MBRS format. The filing requirements depend on the type of company and Exemption Application filed.
XBRL Experts provide you with a simple and secure way to prepare and file the Financial Statements with SSM MBRS. Our technology and quality assurance processes ensure that your output is 100% correct each and every time. We can help you meet your MBRS Conversion requirements in Timely and Cost Effective manner with Guaranteed Accuracy.
We hire only seasoned, professionals with relevant experience. Our team members are periodically trained on various aspects related to XBRL, Accounting and Secretarial matters. Each reviewer of XBRL report is having professional degree and experienced in preparing minimum 200 XBRL reports.
Our service process has in-built preparer-checker mechanism and random audits to ensure that the final MBRS reports are accurate and meets the requirements of the Statute and customer’s expectations. Our processes are certified for ISO Quality Standards.
Our vision is to ensure our customers are satisfied with our services and will not be reluctant to use our services again or refer us to their network. Further to be noted that client needs to pay us only after completion of service.
We strictly adhere to regulations related to secure handling of client data. All data are hosted in a secure server. We audit our process periodically for data security and are certified with ISO.
Sometimes customers need the XBRL report within a very short time or sometimes it could be few weeks. Our service delivery model is flexible enough to meet these requirements in a Cost effective manner.
Our main focus is to provide Cost Effective services without downgrading tagging quality. Further there are no hidden charges – charges are not dependent on file size.
The following table provides the brief details of our charges for MBRS Conversion.
