Market Expansion Guide

Why Labuan?

Labuan, a Federal Territory of Malaysia, was originally established on 1 October 1990 as an international offshore financial centre to provide for the development of activities in the areas of banking and insurance, trust and fund management, investment holding and other activities. Labuan IBFC was established in year 2008 as the official agency for promotion and marketing of Labuan.

Reasons to do business in Labuan include:

  • Favorable tax structure
  • A well-regulated jurisdiction
  • Modern legislation
  • Relationship with Malaysia

Doing Business in Labuan

Like all markets in Asia, Labuan has unique business and cultural traits that shape a company’s experience in the city. To avoid any unintentional faux pas and to make life easier, here is a list of important facts about doing business in Labuan:

  • Double taxation agreements
  • Labuan FSA
  • The Labuan Companies Act 1990
  • Labuan protected cell companies
  • Labuan partnership

How Tricor can help in Labuan

Tricor has a range of services to support Labuan companies and entities. The comprehensive range of services offered by Tricor includes:
Corporate services:

  • Company formation
  • Company administration and regulatory compliance
  • Registration of entities (Foreign, Limited, partnerships, Trusts, Foundations)
  • Provision of resident Company Secretary, Director and Shareholder services
  • Provision of Registered office and Correspondence address
  • Corporate structuring, consulting and advisory
  • License application (leasing, LITC, insurance, banking, fund management, securities licensee, etc.)
  • Application for Employment/ dependant passes
  • Tax compliance, advisory and planning
  • Share transfer and registry services
  • Re-domiciling and registration services
  • Opening of bank accounts
  • Trade support and treasury services
Market Expansion Guide Cover

Looking to Expand your Business?

Download our complimentary market expansion guide.

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