Labuan Company Registration
What is Labuan Company Registration?
Labuan company registration is the process of incorporating a company in Labuan, Malaysia’s offshore financial hub, governed by the Labuan Companies Act 1990. This type of company offers numerous benefits such as tax incentives, simplified reporting requirements, and access to international markets.
Labuan company registration is highly suitable for Malaysians looking to engage with international clients while ensuring confidentiality and maximizing tax efficiency.
Why Register a Company in Labuan?
Tax Advantages: Enjoy a low corporate tax rate of 3% on net profit or a flat tax of RM20,000 for trading companies.
100% Foreign Ownership: Foreign investors can own the company entirely without the need for a local partner.
Ease of Fund Transfers: Labuan companies are allowed to conduct transactions in foreign currencies.
Confidentiality: Labuan company information is protected under the Labuan Companies Act 1990.
Flexible Business Activities: Suitable for international trade, e-commerce, and professional services.
Our Service Process
Consultation & Planning – We will assess your business objectives and recommend the best Labuan company structure.
Name Search & Reservation – We will conduct a name search to ensure your chosen company name is available.
Document Preparation – We will prepare all necessary documents, including the Memorandum and Articles of Association.
Submission to Labuan FSA – The application will be submitted to the Labuan Financial Services Authority (Labuan FSA).
Company Incorporation – Upon approval, you will receive your Certificate of Incorporation.
Bank Account Opening – Assistance in opening a corporate bank account for your Labuan company.
Director Visa Application – We can assist in applying for a Labuan Work Permit (Director Visa) for eligible company directors.
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, East Malaysia. It is a strategic offshore financial center known for its tax incentives and international business environment.
How long does it take to register a Labuan company?
The registration process typically takes 7 to 14 working days once all documents are complete.
What are the minimum requirements for Labuan company registration?
At least one director, one shareholder, and a resident secretary are required
How much the fee registration
The cost typically starts from RM12,000 to RM15,000, depending on the complexity of the business structure and documentation required.
What is the minimum paid-up capital for a Labuan company?
The minimum paid-up capital is USD 1 for non-regulated businesses, while regulated businesses may require higher capital.
How can I apply for a Labuan Director Visa?
Directors of Labuan companies can apply for a Labuan Work Permit (Director Visa). This permit allows foreign directors to reside in Malaysia and manage their Labuan company. Please contact us if you need this services
Are Labuan companies required to file tax returns?
Yes, all Labuan companies must file their tax returns with the Labuan Inland Revenue Board (IRB).
Can foreigners own 100% of a Labuan company?
Yes, Labuan companies allow 100% foreign ownership, making it an ideal choice for international investors.
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!