Labuan (Malaysia), is one of the few offshore financial centres in Asia, has attracted many multinational businesses and entrepreneurs all over the world by using Malaysia as the hub for their international business.
One of the great things about doing business on this tiny island is the very attractive low tax regime, offering corporate tax rates as low as 3%.
A Labuan Company is the simplest form in Malaysia, where foreigners can own 100%. For investors who want to enter the Malaysian market, Labuan is absolutely the best answer for your offshore company.
Our experts have the know-how and capabilities to provide you with a bespoke structure in accordance with your needs and in compliance with the Labuan Companies Act (LCA)
For foreigners, who wish to start a business and stay permanently in Malaysia, with the Labuan Company Work Permit, setup a company and you and your family will get a 2-year renewable multi entry work visa. This is very convenient for you to travel to Malaysia.
For faster access to Malaysia for 2 years’ Labuan work permit, we can assist you to set up the Labuan Company -100% foreign owned company with the lowest paid-up capital to operate your international business in Malaysia, corporate tax on net profit is very attractive at 3% only. Find out why now Labuan International is a very popular choice for all foreigners.
We are able to assist you to open business account in Labuan. Here is the list of documents required to set up an offshore bank account in Labuan:
Depending on the chosen bank, the conditions and documents needed for opening an offshore bank account will be vary. The offshore banking account application is submitted to a chosen bank, and you might have to wait before the approval, which will be entirely depending upon the process of the bank.