Labuan Company Registration
What is Labuan Company Registration?
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Labuan company registration is the process of incorporating a company in Labuan, Malaysia’s International Business and Financial Centre (IBFC), governed by the Labuan Companies Act 1990. This structure offers numerous benefits such as a competitive regulatory framework, simplified reporting requirements, and access to international markets.
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Labuan company registration is highly suitable for Malaysians looking to engage with international clients while ensuring corporate privacy and maximizing operational efficiency.
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Why Register a Company in Labuan?
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Tax Efficiency: Enjoy a low corporate tax rate of 3% on net profit or a flat tax of RM20,000 for trading activities, subject to compliance with substance requirements.
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100% Foreign Ownership: Foreign investors can own the company entirely without the need for a local partner.
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Foreign Currency Flexibility: Labuan companies are permitted to conduct business transactions in foreign currencies.
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Corporate Privacy: Labuan company information is protected under the Labuan Companies Act 1990, ensuring data privacy.
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Flexible Business Activities: Suitable for international trade, e-commerce, and professional services.
Our Service Process
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Consultation & Planning – We will assess your business objectives and recommend the best Labuan company structure.
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Name Search & Reservation – We will conduct a name search to ensure your chosen company name is available.
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Document Preparation – We will prepare all necessary documents, including the Memorandum and Articles of Association.
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Submission to Labuan FSA – The application will be submitted to the Labuan Financial Services Authority (Labuan FSA) for approval.
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Company Incorporation – Upon approval, you will receive your Certificate of Incorporation.
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Bank Account Introduction – We facilitate introductions to potential banking partners for corporate account opening.
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Director Visa Assistance – We can assist in the application process for a Labuan Work Permit (Director Visa) for eligible company directors.
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Labuan companies are ideal for Malaysians dealing with foreign clients who prioritize confidentiality and tax efficiency.
FAQ About Labuan Registration
Where is Labuan located?
Labuan is a federal territory of Malaysia located off the coast of Sabah. It is a strategic International Business and Financial Centre (IBFC) known for its business-friendly regulatory framework and international connectivity.
How long does it take to register a Labuan Company?
The registration process typically takes 7 to 14 working days upon submission of complete documents, subject to final review and approval by the Labuan FSA.
What are the minimum requirement?
Standard compliance requires at least one director, one shareholder, and the appointment of a licensed resident company secretary (which we provide as part of our package).
How much the fee registration
Our comprehensive registration package starts from RM12,000 to RM15,000. This fee is inclusive of the official Labuan FSA government filing fees, incorporation costs, and our professional service charges.
What is the minimum paid-up capital?
The minimum paid-up capital is USD 1 for general trading and investment holding companies. Regulated businesses (e.g., Money Broking) will have higher capital requirements imposed by the regulator.
How can I apply for a Labuan Director Visa?
Directors may be eligible to apply for a Labuan Work Permit. We provide professional consultation and submission services to assist you with the application process to the Labuan Immigration Department.
Are companies required to file tax returns?
Yes, compliance is mandatory. All Labuan companies must file an annual tax return with the Labuan Inland Revenue Board (IRB) to maintain good standing and active status.
Can foreigners own 100% of the company?
Yes, the Labuan Companies Act allows for 100% foreign ownership, providing international investors with full legal control over their corporate entity without requiring a local partner.
Types of Business Entities Foreigner can register
- If you’re still unsure which business structure suits you best, watch this video for a clearer understanding. Need further assistance? Contact us today for expert guidance and hassle-free registration!