Why Labuan Is Asia's Hotbed for International Business


Labuan International Business Financial Centre is an ideal mid-shore jurisdiction for expatriates to leverage on the low tax regime and at the same time able to obtain a Corporate Tax Resident Certificate to confirm resident status as well as Personal Tax Certification to validate personal resident status in Malaysia. These certificates can be easily obtained from the Malaysian Inland Revenue Department. As a Tax Resident in Malaysia, a Labuan Company is able to mitigate potential risks for a dual resident applicant who could be exposed to tax of more than one jurisdiction.

With the Common Reporting Standard (CRS) in place and in progress, tax authorities are allowed to freely exchange financial information through the Automatic Exchange of Information (AEOI) on expatriates residing in their home country for tax assessment purpose. This implementation will bring great impact to jurisdictions offering ZERO Tax and no issuance of a Tax Certificate for both the company and expatriates. ZERO Tax jurisdictions often lack infrastructures to assist businesses with real commercial substance creation.

All international entrepreneurs have been pressured to proof their existence and business operation in that particular jurisdiction. Under Labuan, it is easy to create real commercial substance with much affordability and support of good infrastructure especially for business dealings within the ASEAN region due to these main three factors:

Strategically located within Asia Pacific region

Easy access within hours by international flights to Labuan for meetings, banking and urgent matters, comparing to other jurisdictions which may take days to get to.

Sharing common time zone with Asian cities

It enhances operations efficiency level as it minimises lagging in communications due to the long waiting time.

Infrastructures ready and made available

Labuan Company has the ability to demonstrate its highest level of control as a result of influencing the Automatic Exchange of Information (AEOI), with relatively low cost compared to neighbouring jurisdictions such as Singapore and Hong Kong.

Why Labuan Is Asia's Hotbed for International Business?


Labuan International Business Financial Centre is an ideal mid-shore jurisdiction for expatriates to leverage on the low tax regime and at the same time able to obtain a Corporate Tax Resident Certificate to confirm resident status as well as Personal Tax Certification to validate personal resident status in Malaysia. These certificates can be easily obtained from the Malaysian Inland Revenue Department. As a Tax Resident in Malaysia, a Labuan Company is able to mitigate potential risks for a dual resident applicant who could be exposed to tax of more than one jurisdiction.

With the Common Reporting Standard (CRS) in place and in progress, tax authorities are allowed to freely exchange financial information through the Automatic Exchange of Information (AEOI) on expatriates residing in their home country for tax assessment purpose. This implementation will bring great impact to jurisdictions offering ZERO Tax and no issuance of a Tax Certificate for both the company and expatriates. ZERO Tax jurisdictions often lack infrastructures to assist businesses with real commercial substance creation.

All international entrepreneurs have been pressured to proof their existence and business operation in that particular jurisdiction. Under Labuan, it is easy to create real commercial substance with much affordability and support of good infrastructure especially for business dealings within the ASEAN region due to these main three factors:

Strategically located within Asia Pacific region – Easy access within hours by international flights to Labuan for meetings, banking and urgent matters, comparing to other jurisdictions which take days to get to.

Sharing common time zone with Asian cities – It enhances operations efficiency level as it minimises lagging in communications due to long waiting time.

Infrastructures ready and made available – Labuan Company has the ability to demonstrate its highest level of control as a result of influencing the Automatic Exchange of Information (AEOI), with relatively low cost compared to neighbouring jurisdictions such as Singapore and Hong Kong.

20 Reasons Why Labuan Is Your Ideal Jurisdiction!


  • 100% foreign ownership (Malaysian partners not required)
  • 3% corporate tax for trading activities
  • 0% tax for Investment Holding activities
  • 24% local tax for Malaysian dealings
  • Can be listed in Malaysia, Singapore, Hong Kong, Australia & Dubai
  • No Trade License required to operate business
  • Corporate Bank Accounts in MYR and Foreign Currencies
  • No Foreign Exchange controls
  • Fast incorporation within 5 to 7 working days
  • Operate business remotely from anywhere
  • NO Tax on Dividend payouts
  • NO SST, GST and Stamp Duty
  • NO Withholding Tax
  • NO Capital Gain Tax and Inheritance Tax
  • NO Personal Tax for all Foreign Directors’ Fee
  • 50% Personal Tax rebate for all Foreign Employments
  • Access to more than 70 Malaysia Treaty Partners!
  • Virtual / Office Room Rental in Labuan
  • 2 years multiple entry renewable Labuan Working Visa
  • Able to stay anywhere within Malaysia

Incorporation in 7 days!

One-to-One Consultation!

Get It Done All Online!

Transparent Pricing!

Incorporation in 7 days!
One-to-One Consultation!
Get It Done All Online!
Transparent Pricing!
shares1
SHARE CAPITAL
  • Permitted any foreign currency except Ringgit Malaysia
  • No min. capital
  • No authorized share capital
  • Shares issued shall have no par or nominal value
  • Treasury shares are allowed
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DIRECTORS / SHAREHOLDERS
  • min. one (1) Director
  • min. one (1) Shareholder
  • Local director is optional
  • Allowed corporate director or shareholder
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SECRETARIAL AND OFFICES
  • Min. one (1) resident secretary i.e. a Trust Officer of a Trust Company or a Labuan/Malaysian domestic company wholly-owned by the Labuan Trust Company
  • Required principal office of a Trust Company in Labuan
  • Accounts required to be kept in Labuan
  • Audit and filing is required
company-structure1
COMPANY STRUCTURE
  • Amalgamation by merging two (2) or more companies into one (1) is allowed
  • Corporate re-domiciliation is allowed
  • No public accessible to management or shareholding structure
annual1
ANNUAL REQUIREMENTS
  • Annual Return is required to lodge not later than thirty (30) days from the anniversary date of company incorporation
  • Annual Government fee is required to pay on or before the anniversary date of company incorporation
  • Annual Tax Return needs to be filed with the Malaysian Director General of Inland Revenue by 31st March of that year of assessment (extension of time is allowed)
banking1
BANKING SOLUTIONS
  • Onshore and Offshore Bank Account
  • Corporate Banking
  • Personal Banking
  • Open Bank Account in Malaysia, Singapore, Hong Kong, etc.
  • Multiple Foreign Currencies Account i.e. MYR, USD, SGD, AUD, GBP, RMB, YEN, EURO, HKD, NZD, AED, etc.
  • Corporate Debit Card
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ONSHORE & OFFSHORE BUSINESS CONSULTATION
  • Business Feasibility Study
  • Company Migration to/from Labuan
  • Foreign Companies Registration
  • Limited Partnership Registration
  • Due Diligence Test for Individuals/Corporate Entities
  • Management, Administration, Accounting, Auditing, Legal and Taxation Services
  • Assist in Recruitment, Payroll and Work Permit
  • Nominee Employee
  • Physical / Virtual Office Rental
  • Cross border investment and investment protection
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SUPPORT & SERVICES

Types of Business Under Labuan Company


General Trading Icon

General Trading

Import & export Icon

Import & Export

Consultancy Icon

Consultancy

Advisory Icon

Advisory

E-Commerce Icon

E-Commerce

Internet Marketer Icon

Internet Marketing

Financial Service Provider Icon

Financial Service Provider

Investment Holding Icon

Investment Holding

Company Name Co. Ltd.


Fast incorporation and ease your operational office set up in Labuan as well as Marketing Office / Co-Location Office in Kuala Lumpur / Iskandar (Johor Bahru).

We provide consultation in company structuring for Labuan – company, wealth management and business succession planning, financial business license application with complete feasibility study and write-up based on client’s profile, profiling of documents and due diligence on key personnel, back-end support for operational office set up in Labuan as well as Marketing Office / Co-Location Office in Kuala Lumpur / Iskandar (Johor Bahru) while ensuring your business is fully compliant!

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