My Company Identity Number (MyCoID) is the main component of the Business Registry System (BRS) under the National Registry System (NRS) development project introduced by Government. A Single Corporate Identity Number - MyCoID (My Company Identification) will be used to facilitate Business-to-Government (B2G) and Business-to-Business (B2B) transactions.
Beginning 1 July 2009, MyCoID is the standard identification number of a business entity for use in its interaction with Government agencies. It is the Companies Commission of Malaysia (SSM) business registration number for companies, sole proprietors and partnerships. New businesses registering with SSM from 1 July 2009, can use the MyCoID when registering with the following four agencies:
Inland Revenue Board (IRB);
Human Resources Development Fund (HRDF);
Employees’ Provident Fund (EPF)
The Social Security Organisation (SOCSO)
Companies registered before 1 July 2009 are able to use their registration numbers as their MyCoID when dealing with IRB, EPF, and HRDF from 1 September 2009. For SOCSO, these companies can only use their SSM registration numbers as their MyCoID from 1 January 2010.
The full implementation of MyCoID by all four agencies is from 1 January 2010.
For further expansion, SME Corporation Malaysia (SME Corp) and Construction Industry Development Board (CIDB) are additional agencies have suggested to implement MyCoID in 2010.
