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Labuan Offshore incorporation and company formation services using our online incorporation service for Incorporating Labuan Offshore Non-Trading, Limited Liability Company in Europe, IBC in Asia, and Offshore companies in the United States, or in most offshore Jurisdictions

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Offshore Jurisdictions

Labuan

Labuan
FACTSHEET Profile of Labuan

Disclosure to authorities required

Geographic location: South East Asia
Population: 60,000
Native Language: Malaysia/English
Currency: Malaysia Ringgit
Politically: Parliamentary Democracy
Legally: Common Law
Constitutionally: Democratically elected government

The Federal Territory of Labuan comprises of seven small islands located off the northeast coast of Borneo not far from Brunei. Labuan is a politically stable part of Malaysia and responsibility for its administration falls directly under the Prime Minister’s Department. In November 1989, the Government of Malaysia declared Labuan an International Offshore Financial Centre and in 1990 the Offshore Companies Act was enacted. The Malaysian government has committed substantial resources to the development of Labuan and as a result Labuan is fast becoming one the leading offshore centres of Asia. It is located on the major shipping and air routes of the Asian region. The combination of a well-developed financial and professional infrastructure and an advanced economy make Labuan an extremely attractive environment for the establishment of offshore companies

Types of corporate vehicles available

 

Offshore Non-Trading


Incorporation fees: 

   USD 1999.00    
Registered agent fees: 
   USD 0.00
Government fees: 
   USD 265.00
Registered office fees: 
   USD 600.00
Total Cost Of Incorporation
   USD 2864.00

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Maritime Registration

We can provide maritime registration facilities in for large and small craft. If you require more information please visit our maritime services section

Other places:

Labuan

TAXFACTS

Personal income -
residents:
0-28%
non residents: 28%

Trusts income -
resident:
28%
non resident: nil

Estate duties: no

Corporate -
resident:
28%
non resident: 28%
exempt companies: offshore companies - trading 3% or RM20,000;non trading is nil.

Withholding: no

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