LABUAN e-PAYMENT / e-WALLET

Hassle-free solutions for retail or online business transactions is the ultimate  key consideration for both entrepreneurs and consumers in today’s modern world of technology. In this age and era, payments are transacted in cashless manners such as debit card, credit card, online internet banking and the most and recent, via E-Wallet. The e-Wallet is growing by popular demand with the use of the various Payment Gateway service providers in the market. Money can be credited into a mobile application to perform cryptocurrency-related transactions. Many non-technology industries and sectors are trying to implement this technology into their Payment Gateway in order to stay relevant and competent within the current global economic trend.

Labuan offers approval for e-Business transactions. Below are 2 most common e-Payment / e-Wallet Payment Gateways; ie Sole Dealer Payment Gateway and Joint Community Payment Gateway.

[Find out more at Labuan Cryptocurrency Exchange License and Labuan Credit Token License]

Sole Dealer Payment Gateway


The Sole Dealer Payment Gateway is for a single dealer model.

LABUAN PAYMENT GATEWAY_Sole Dealer Payment Gateway

Joint Community Payment Gateway


The Joint Dealer Payment Gateway is catered for a merchant community dedicated to using the same e-wallet for all transactions.

LABUAN PAYMENT GATEWAY_Joint Community Payment Gateway

KEY ADVANTAGES OF A LABUAN e-PAYMENT / e-WALLET


  • 100% foreign ownership, Malaysian local partner not required
  • 3% corporate TAX on trading profit
  • NO Withholding Tax on Interest, Management Fee, Royalty Fee and Technical Fee
  • NO FOREIGN EXCHANGE CONTROLS
  • NO Stamp Duty and GST
  • NO Import Duty / Sales / Service Tax
  • NO Capital Gain Tax and Inheritance Tax
  • Ability to access to more than 70 Malaysia Tax Treaty partners
  • 50% tax abatement for expatriate professionals/managers’ employment
  • 100% tax exemption on director’s fees for foreign directors
  • NO tax on dividends to shareholders
  • 2-year multiple entry working visa (renewable) to stay in Malaysia - Optional

Eligible applicants include:


  • Companies with 3 years good financial track record with new Payment System model OR Companies with existing Payment System
  • Proof of Fund: USD 100,000

Qualifying Eligibility for A Labuan Payment Gateway


  1. Individual or institution with payment gateway expertise with a good track record and sufficient years of experience in the industry
  2. Regulated payment gateway or provider of such services from other jurisdictions with approval from home authority with the letter of consent
  3. Any licensed institutions including approved payment gateway under the Financial Services Act 2013 with approval from the Central Bank of Malaysia

QX TRUST, your one-stop Trust Company in Labuan!


QX TRUST service level for Labuan e-Payment / e-Wallet application include:  
  • Consultation of client's eligibility and application procedures
  • Feasibility study write-up based on client's profile
  • Due Diligence, Profiling and Guidance on documents preparation
  • Construct exclusive Business Plan to meet client's business objectives
  • Preparation of Financial Forecast, KYC, Operation and AML/CFT Manuals, Client Agreements etc
  • Submission and supervision of application process until approval
  • Act as liaison and key contact person for both client and Labuan FSA on all correspondences, meetings and /or interviews (if any)