Understanding Labuan Company Registration
Labuan company registration refers to the procedure of establishing a business entity in Labuan, which is recognized as Malaysia’s offshore financial center and operates under the Labuan Companies Act 1990. Registering a company in Labuan presents various advantages, including favorable tax conditions, reduced reporting obligations, and the opportunity to tap into global markets.
This registration process is particularly beneficial for Malaysian entrepreneurs aiming to connect with international clients while maintaining privacy and optimizing their tax strategies.
Advantages of Registering a Company in Labuan
Tax Benefits: Companies in Labuan can take advantage of a minimal corporate tax rate of 3% on net profits or opt for a fixed tax fee of RM20,000 for trading entities.
Complete Foreign Ownership: International investors can fully own their companies without requiring a local partner.
Efficient Fund Transfers: Labuan entities are permitted to engage in transactions using foreign currencies.
Privacy Protection: Company details in Labuan are safeguarded under the provisions of the Labuan Companies Act 1990.
Versatile Business Operations: The framework is ideal for businesses involved in international trade, e-commerce, and professional services.
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Requirements to Incorporate in Labuan
Step 1
1.Company 3 names suggestion.
2.Signing the incorporation documents.
3.Providing the documents listed in the checklist
Step 2
1.Signing M&A documents
2.Signing share holding documents
3.14 working days for incorporation
Step 3
- Office space renting & LHDN chop
2.Employment contract
3.Company Business plan
4.Principle Director Visa submission
5.30 working days LFSA approve
6.7 working days Immigration approval
7.Flying to Labuan for Visa Sticker
8.Done
Financial Licenses & Immigration Services
Comprehensive solutions for your business and residency needs
Financial Licenses We Can Secure
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🎯 Requirements:
- Director or top management position
- Tertiary education or professional qualification
- Minimum monthly salary of RM10,000
💰 Financial Requirements:
- RM1.5 million liquid assets
- RM40,000 monthly foreign income proof
- RM1 million fixed deposit (post-approval)
- Additional RM50,000 per dependent
Our Registration Process
Tax Benefits: Companies in Labuan can take advantage of a minimal corporate tax rate of 3% on net profits or opt for a fixed tax fee of RM20,000 for trading entities.
Name Availability Check & Reservation: We will perform a name search to confirm that your desired company name is unoccupied.
Document Preparation: All essential documents, including the Memorandum and Articles of Association, will be meticulously prepared.
Submission to Labuan FSA: The application will be forwarded to the Labuan Financial Services Authority (Labuan FSA) for review.
Company Incorporation: Once approved, you will receive your Certificate of Incorporation.
Corporate Bank Account Setup: We offer guidance in establishing a corporate bank account for your Labuan business.
Director Visa Application Assistance: Our team can support you in securing a Labuan Work Permit (Director Visa) for qualifying company directors.
