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How Much Does a Company Secretary Cost in Malaysia (2026)? What the Retainer Should Cover, Official SSM Fees and the Per-Filing Charges That Change the Total

·10 min read

Ask three Malaysian firms what a company secretary costs and you will get three numbers that cannot be compared: a low monthly fee that excludes every filing, a higher annual package that includes some, and a "from" price that depends on questions nobody has asked yet. The law does not help, because no statute or SSM schedule sets what a secretary may charge. What the law does set is the official lodgement fee for each document, and those figures are public. This guide separates the two, shows what a retainer should cover, and gives you a way to work out the real yearly total for your company before you sign.

Quick answer (as at 2 November 2026): There is no official price for a company secretary in Malaysia. Providers' published guides commonly put the annual fee for a small Sdn Bhd at about RM600 to RM3,000, depending on what is included. On top of or inside that fee sit SSM's official charges: RM150 for the annual return and RM50 for audited financial statements (RM20 if unaudited). ONEKEY BIZ charges RM100 a month plus RM600 and RM400 for those two filings, which comes to RM2,200 a year for a company with no other changes.

Cost itemAmountWho sets it
Secretary's retainerNo fixed rate. Providers' guides: about RM600–RM3,000 a yearAgreed between the board and the secretary (s.236(1))
Annual return, private companyRM150SSM Table of Fees, item 9
Audited financial statements, private companyRM50SSM Table of Fees, item 18
Non-audited financial statements, private companyRM20SSM Table of Fees, item 18
Late lodgement, private companyRM50 / RM100 / RM150 / RM200Practice Directive 1/2017 (revised 14 July 2026)

Why company secretary prices are so hard to compare

Section 236(1) of the Companies Act 2016 says the board appoints the secretary and determines the terms and conditions of the appointment. That is the whole legal framework for price. There is no scale fee, so the market has settled on three different ways of quoting.

None of these is wrong. Each is simply a different way of dividing the same work, which is why a comparison of headline prices tells you very little. A published fee range is a useful sanity check, but those ranges come from firms selling the service. They are not official figures, and we have not audited them.

The one comparison that works: ask each firm for its total for the next 12 months, assuming one annual return, one set of financial statements, one change of director and two routine resolutions. Now the numbers measure the same thing.
Calculator and paperwork used to add up annual company compliance costs
A monthly fee is not a yearly total. Add the filings your company will actually make.

What the law requires you to buy

The secretary is not optional, which is why this cost exists even for a company that has not traded. The relevant rules are short:

Companies Act 2016Rule
s.235(1)At least one secretary: a natural person aged 18 or above, a citizen or permanent resident, ordinarily residing in Malaysia
s.235(2)Member of a Fourth Schedule body, or licensed under s.20G of the Companies Commission of Malaysia Act 2001
s.236(2)First secretary appointed within 30 days of incorporation
s.240The office may not be vacant for more than 30 days at any one time
s.241Must be registered with SSM and hold a practising certificate
s.588(2)Where no specific penalty is stated: fine up to RM50,000; for an individual, also or instead up to three years' imprisonment

In practice, that means a foreign director cannot fill the role, and a company cannot save money by asking a member of staff unless that person holds the qualification and certificate. Our company secretary service in Malaysia exists because most foreign-owned companies have nobody in-house who qualifies. You can check any candidate with the method in our guide to checking a practising certificate.

What a retainer should include

A retainer pays for two things: a qualified person accepting a statutory office in your company, and the ongoing recordkeeping that goes with it. Whatever the price, these items should be in writing.

ItemNormally in the retainer?Question to ask
Acting as named secretaryYesWho is the named person, and what is the certificate number and expiry date?
Statutory registersYesWho holds them, and can I get a copy at any time?
Deadline remindersUsuallyHow far ahead, and who receives them?
Routine questionsUsuallyIs there a limit? What language will you answer in?
Annual returnVariesIs the work included? Is the RM150 included?
Financial statements lodgementVariesIs the work included? Is the RM50 or RM20 included?
Routine directors' resolutionsVariesHow many a year before a charge applies?
Registered office addressVariesIs it included, or a separate annual fee?
Certified true copiesRarelyWhat is the charge per document?

The middle of that table is where quotes differ most. A retainer that looks expensive may include everything a quiet company needs. One that looks cheap may be perfectly fair if you only pay for what you use, as long as the per-item prices are written down before you need them.

The official SSM fees, and what they are not

SSM's fee schedule applies whichever secretary you use. Any amount above these figures is a professional fee, not a government charge. A clear invoice shows the two separately, or says plainly that the government fee is included.

Lodgement (private company)Official fee
Annual return, s.68RM150
Audited financial statements and reports, s.259RM50
Non-audited financial statements and reports, s.259RM20
Extension of time to lodge financial statements, s.259RM100
Name reservation, s.27RM50 per 30 days or part, 180 days at most
Change of name, s.28RM100
Alteration of constitution, s.36RM30
Registration of a chargeRM300
Striking off application, s.550RM100
Any document not specifically listedRM100

These figures are from the Table of Fees on SSM's website. Check the current page or ask your secretary to confirm the amount at the time of lodgement, because SSM's portal, rather than this article, decides what is charged on the day. Stamp duty on a share transfer is separate again: it goes to LHDN, not SSM, at 0.3% (RM3 per RM1,000) of the higher of the consideration and the NTA-based value, and it is not part of the secretary's fee.

Person reviewing a service agreement with a pen before signing
Read the engagement letter for what is excluded, not only what is included.

Worked example: the real annual total

Here is the calculation using the published prices for our licensed company secretary service, so you can run the same one against any other quote. Our annual return service and financial statements lodgement service both include the SSM fee.

ItemQuiet companyCompany with changes
Named secretary, RM100 × 12 monthsRM1,200RM1,200
Annual return (includes RM150 SSM fee)RM600RM600
Financial statements lodgement (includes SSM fee)RM400RM400
Change of director—RM300
Share transfer (stamp duty paid separately)—RM300
Dividend declaration—RM400
12-month totalRM2,200RM3,200

Accounting and audit are not in either column. The secretary lodges the financial statements, but preparing and auditing them is separate work with a separate fee, and for many companies it is the larger bill. Our article on the financial statements calendar and sections 258 and 259 covers those steps, and the section 68 annual return guide explains the filing itself.

What is usually charged per event

One-off corporate actions take more drafting and carry more risk than routine upkeep, so most firms price them separately. Common examples are a change of director, change of registered address, share allotment, share transfer, dividend declaration, change of company name, constitution work and striking off. Here is what each involves, so you can judge whether a quote is reasonable:

The cost of paying too little

A cheap retainer only costs less if the deadlines are still met. SSM's Practice Directive 1/2017, as revised on 14 July 2026, sets these penalties for late lodgement by a private company:

How lateLate lodgement penalty
More than 7 days, up to 90 daysRM50
More than 90 days, up to 180 daysRM100
More than 180 days, up to 365 daysRM150
More than 365 daysRM200

Those amounts are modest, and the directive also gives the Registrar room to consider a late document where the omission was accidental or inadvertent. The larger exposure is the offence itself. Failing to circulate financial statements on time, for example, can bring a fine of up to RM50,000 on the company and every officer under section 258(3), plus up to RM500 a day for a continuing offence after conviction. Late filings also surface at awkward moments: during a bank application, a licence renewal, a due diligence review or an application to strike off.

Red flag: a provider offering a named secretary with no written engagement letter, no certificate number and no copy of your registers. Section 237(4) keeps a secretary liable for past acts after leaving, but it will not rebuild your records if the provider disappears.

Five questions to ask before signing

  1. Who is the named secretary? Get the person's name, certificate number and expiry date. A company cannot appoint a firm as its secretary, because s.235 requires a natural person.
  2. What is the 12-month total for my company? Use the scenario above, and ask for it in writing.
  3. Which SSM fees are included? Ask for "included" or "charged at cost", and receipts for anything at cost.
  4. What does leaving cost? Read the notice period and any termination or handover fee. Section 237 sets a default 30-day notice unless the terms say otherwise.
  5. Who will I actually talk to? A foreign owner needs answers they can act on. Formal documents still go in English or Bahasa Malaysia for SSM, whatever language the conversation is in.
Calendar with statutory filing deadlines marked
The incorporation anniversary and the financial year end run separate clocks. A good retainer tracks both.

Should you switch to save money?

Switching is worthwhile when you are paying for work nobody is doing, or when the same work is available at a clearly lower 12-month total. It is less attractive right before an annual return is due, or if your records are incomplete and the handover will need rebuilding. Before you move, check the notice period, any fee owed to the current firm and the state of your registers. The process itself is a board decision: change of company secretary requires a directors' resolution, the new secretary's written consent and a section 58 notification. Our guide to changing your company secretary covers the handover steps.

Dormant companies have one more option. If the company will never trade again, compare the yearly cost with closing it. Our article on keeping or striking off a dormant company sets out that decision. Until the company is off the register, it still needs a secretary and must still file.

How to decide

Choose the provider with the lowest clear 12-month total among those who can show a valid certificate, give you your registers and tell you in writing what costs extra. If you would like a figure for your own company, send us your company number and the changes you expect next year through our contact page, and we will reply with an itemised quote before you commit.

Frequently asked questions

How much does a company secretary cost in Malaysia?

There is no official price. Providers' published guides commonly put a small Sdn Bhd at about RM600 to RM3,000 a year, depending on what is included. Official SSM fees for the annual return (RM150) and financial statements (RM50 or RM20) may be included or charged separately.

What should a company secretary's retainer include?

At minimum, acting as the named secretary, keeping the statutory registers and tracking deadlines. Annual return work, financial statements lodgement, routine resolutions and the registered address vary by provider, so get them in writing.

What is the SSM fee for an annual return?

For a private company it is RM150 under SSM's Table of Fees. A late lodgement penalty of RM50 to RM200 can apply depending on how late it is, under Practice Directive 1/2017.

Does a dormant company still need to pay for a company secretary?

Yes. A dormant company must still have a qualified secretary, lodge an annual return and lodge financial statements until it is struck off or wound up. If it will never trade again, compare the annual cost with striking it off.

Is the company secretary fee the same as accounting and audit fees?

No. The secretary handles the statutory records and lodgement. Preparing and auditing the financial statements is separate work, usually with a separate fee.

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This article is general information only, not legal, tax or immigration advice. Policies, thresholds and official fees are set by the relevant Malaysian authorities and may change. Talk to our consultants about your specific situation.

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