Benefits of Labuan Business
Aside from the low corporate tax rate of 3% (or 24% on chargeable income for businesses not covered by the Labuan Business Activities Tax Act 1990), Labuan offers numerous advantages for businesses. It serves as an appealing hub for multinational corporations and entrepreneurs alike
Labuan Company Formation
- Incorporate your company in Labuan within 2 weeks (upon validation of your identification documents).* (inclusive of a bank account)
- Benefit from client confidentiality protection via secure systems.
- Manage your company and apply for a bank account, including eBanking and credit card, through correspondence.
- A dedicated manager is available year-round to administer your company.
Malaysia Company Formation
- Attractive tax efficiency
- Reputable jurisdiction with high regard for economic liberty
- Ease of operation, maintenance, and control
- Maximum confidentiality and anonymity
- The registration process is quick, simple and cost-efficient
Company Structures are Ideal for:
Intellectual Property Ownership (Trademarks, Patents) | International Trade/FOREX/GAMING/CRYPTO-CURRENCY EXCHANGE | Financial Corporations | E-commerce Business | Investment Holding Company | Asset Protection Entity
REQUIRED DOCUMENTS FOR A MALAYSIAN INCORPORATION
- Passport of each shareholder/beneficial owner and director.
- -**We can appoint a local nominee Director in case you do not want to disclose your name on the public domain, but you will have control over all your structures upon our internal Board resolutions. (250US$ per year per local nominee appointment)
- Proof of residential address of each director and shareholder in English (not required if you are opting for a local nominee appointment service.
- Company suffix for Malaysian entity: Berhad (BHD).
INCORPORATION FEES & TIMEFRAME
-
- Timeframe: within 3 business days
- 100% successful rate
- Fast, easy & highest confidential via secured systems
- Dedicated support officer (24/7)
ONE-OFF PRICE: US$ 3000
Renewal fee: 250US$ per year
(including yearly financial account & maintenance of company).Package includes a Business Bank Account:
Choices of the following banks:
DBS Bank, Barclays PLC or Hong Kong Bank (HSBC)Package includes an internet banking access:
(DBS Bank, Barclays PLC or Hong Kong Bank)
MAIN CHARACTERISTICS OF A MALAYSIAN STRUCTURE
Company Limited by Shares
| General Information | |
|---|---|
| Type of Business Entity | Labuan Company (Private Limited by Shares) |
| Corporate Income Tax | Nil for Labuan non-trading activity |
| British Based Legal System | Yes |
| Double Tax Treaty Access | Yes |
| Incorporation Time Frame (Approx., days) | 2-3 working days |
| Corporate Requirements | |
|---|---|
| Minimum Number of Shareholders | 1 |
| Minimum Number of Directors | 1 |
| Corporate Directors Permitted | No |
| Standard Authorized Capital/Shares | 1,000 USD |
| Local Requirements | |
|---|---|
| Registered Office/ Registered Agent | Yes |
| Company Secretary | No |
| Local Meetings | Anywhere |
| Local Directors / Shareholders | No |
| Publicly Accessible Records | No |
| Annual Requirements | |
|---|---|
| Annual Return | Yes |
| Audited Accounts | No for Holding companies |
| Incorporation Fees | |
|---|---|
| Our Service Fee (1st year) | US$ 2,500 |
| Annual Renewal Fees | |
|---|---|
| Our Service Fee ) | US$ 2,400 |
SCOPE OF SERVICES
3% of Audited Net Profit for trading activities. No tax for Non-Trading activities.
Only for licensed companies and companies electing to pay 3% tax.
Nevertheless, there is still a requirement to keep accounts that will sufficiently show the financial position of the company. With increased compliance, it is common that most companies will be required to prepare at least management accounts.
US$ 3400< US$3000
Labuan (Malaysia) Online Incorporation Form
Key Features
- Company Type: Private Limited Company
- Governing Corporate Legislation: Labuan companies operate under The Labuan Companies Act 1990 (“LCA 1990”)
- Information Privacy: Names of company officers and shareholders are not publicly disclosed upon registration.
- Accounting Requirement: Annual accounts must be filed.
- Taxation: Labuan corporate tax rate is 3% (24% if not covered under Labuan Business Activities Tax Act 1990).
- Standard Currency: US Dollar (US$)
- Formation Time: Company setup typically within 2 weeks.
- Stability: Highly stable jurisdiction with an excellent reputation.
- Communication: Effective communication infrastructure.
- Time Zone: Convenient GMT +8 time zone, beneficial for financial activities with Hong Kong, Singapore & Shanghai.
- Secretary Required: Yes
- Paid-Up Capital Requirement: Minimum share capital: US$ 1
- Renewal Date: Anniversary date of the company annually
- Legal System: Common Law
- Minimum Directors/Shareholders: Minimum of 1 director and 1 shareholder.
- Bearer Shares: Not permitted.
Additional Information
All Labuan companies are governed by the Labuan Companies Act 1990 (LCA) and can engage in trading or non-trading activities within, from, or through Labuan. The LCA mandates the engagement of a Labuan IBFC registered trust company as the incorporation agent.
