Labuan

The ideal destination to start a business venture and open an offshore company in Malaysia.
 
 
overview

Labuan

A Tropical Malaysian island off the coast of Borneo island.

The premier International Business and Financial Centre (IBFC) of Malaysia.

A liberal business environment offering a wide range of financial products and services.

A simple and attractive taxation system.

Maximum client confidentiality and anonymity.

Business transactions are conducted in accordance with the international standards and best practices.

Compliant to all international protocols on exchange of information.

Globally recognized legal framework enforced by the regulator, the Labuan Financial Services Authority (FSA).

Your Labuan company can be 100% foreign-owned.

There is no Withholding Tax on Dividend, Interest, Management, Technical and Royalty Free.

Both local and international business are permitted. Local trading profit is taxed at 24%.

The company registration process is quick and straightforward.

Not required to travel to Labuan for the purpose of company incorporation.

Efficient Malaysian Work Visa and Dependent Visa application for expatriates, spouse and children.

Application Process:

To set up an offshore company in Labuan, each of the Directors, Shareholders, Beneficial Owners or Authorized Signatories is required to submit the following documents:

For Each Director , Shareholder & Ultimate Beneficial Owner

  • Notarised / Certified True Copy of Passport Copy
  • Notarised / Certified True Copy of Driving License or National ID
  • Notarised / Certified True Copy of Proof of Address (not older than 90 days)
  • Bank or Professional Reference Letter

 

If there are Corporate shareholders, the following documents must be provided:

  • Certificate of Incorporation
  • Memorandum of Association
  • Articles of Association
  • Articles of Incorporation
  • Register of Directors & Shareholding
  •  
All documents presented must be in English. For those not in English, a certified translation in English is required.
Run a company name search to check the eligibility of the proposed name. If necessary, we will make a suggestion.
Submit the names of director and shareholder(s).
You will receive soft copies of necessary documents including Certificate of Incorporation, Business Registration, Memorandum of Association and Articles of Association.
You can bring the received documents to open a corporate bank account, or you can let us open a bank account on your behalf.
Expected Timeframe:
  • Once all necessary documents are submitted, the company incorporation process will take around just 7 to 10 days.

  • To find out more about incorporating your company in Labuan, contact our helpful staff today.
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