registration of legal entity

Cost of registration The cost of the second year Number of Directors Corporate tax rates Payment of Charter Capital Financial statements
2775.00 USD 1425.00 USD 1 0.00% 10000.00 No

Company registration in Labuan

labuan.jpgLabuan is a federal territory which is a part of the Federation of Malaya. The territory includes several islands, the main one of which has the same designation of Labuan.

Labuan is known as an offshore banking center that takes advantage of the situation between Malaysia (Sabah), the Sultanate of Brunei and the Philippines. The administrative center is the city of Bandar Labuan.

Labuan is the offshore jurisdiction, which is the financial center of Malaysia due to the favorable geographical disposition and one of the largest lists of existing agreements on avoidance of double taxation.
Labuan is one of the leading offshore centers in Asia. Currently, the state is the place of registration for more than 60 banks.

Federal Territory of Labuan is a part of Malaysia, with a separate department of the Prime Minister responsible for its administration. The official language is Bahasa (Malaysia), but English is widely spoken. The official currency is the Malaysian ringgit, although offshore companies, as a rule, are prohibited to make transactions in local currency .

In November 1989, Labuan was declared as an international offshore financial center and the first maritime laws were put into effect in October 1990.

Financial Services Authority (LOFSA) is a state institution which is responsible for the management of the offshore industry in Labuan.

Tax advantages for offshore companies in Labuan

Offshore companies in Labuan have a special tax status. There are two types activities that determine the tax treatment of offshore company, such as trading and non-trading. The companies that issue shares or participate in other types of investment activities shall be exempt from paying tax.

Trading companies are subject to taxation. They can pay a flat fee of RM 20,000 per year, or pay income tax at a rate of 3% in the Inland Revenue Department. Companies are allowed to choose the lowest tax rate.The Company may also pay a flat fee as an annual registration fee to the Registrar of Companies, instead of the Inland Revenue Department. In this case the company is not obliged to appoint an auditor and keep financial records.

Investment Companies in Labuan

Labuan’s offshore companies are widely used for investment purposes, in particular in China, Korea and Indonesia. It is also known as a good means for transnational investment from Europe to Asia.

As a rule, it is as follows: the offshore company registered in Labuan invests in a country with high taxation and with which the state has an agreement on avoidance of double taxation.

Types of companies stipulated by the current legislation of Labuan:

  • Private Company Limited by Shares;
  • Company Limited by Guarantee;
  • Public Company Limited by Shares;
  • Foreign Company;
  • Branch of a Foreign Company;
  • Offshore Company;
  • Offshore Limited Partnership;
  • Trust.

We will register a company for you (offshore company) in Labuan during the shortest possible time. It has never been easier to buy an offshore company cheaply in Labuan as it is now. One of the easiest and cheapest ways to start a legitimate international business activity is to register offshore company in Labuan.

Registration of offshore companies is one of the main areas of work of our company. More details about the registration of business in Labuan, you can clarify with the lawyers of our company. 

Set of documents
  • Ask our manager
Nominee director and shareholder
  • Ask our manager

General information
Population78 000.00
CapitalLabuan Town
State polityconstitutional monarchy
Telephone code81 060
Place in the world in corruption56
locationThe Federal Territoty of Labuan is part of Malaysia. Labuan lies off the north-west coast of Borneo
Climatetropical climate, wich warm and humid; two seasonal monsoon periods (april to June and September to December); avg. maximum temperature (July) +23°; avg. minimum temperature (January) +15°
Literacy rate88.70%
Ethnic groupsMalay; Chinese, Filipino, Indians and Bugis are the minor part of population.
National currencyRinggit
USD exchange rate3.08
GDP per capita77
Official languageBahasa Malaysia
Credit ratingA-
The judiciarySupreme Court, Supreme Court, magistrates and session courts. Violations of the Shariah or adat under the jurisdiction of Islamic courts.
Executive authorityLabuan Office submitted to the Federal Government of Malaysia
Legislative authoritiesMalaysian Federal Parliament: Senate and House of Representatives
Corporate information
Opportunity to purchase ready-made companiesНет
Legal systemCommon Law
The use of the Cyrillic alphabet in the nameНет
Local registered officeДа
Indication of BPA in the nameLimited, Corp, BV, Pty, Ltd. If the name used by the Malaysian word "Berhad", must stand before him "(L)" to indicate that the company is registered in Labuan
Local registered agentДа
Shares and share capital
Standard currencyRinggit
The minimum amount of the issued capital1
Bearer sharesНет
The usual size of the authorized capitalUSD 10,000
Usual nominal value of sharesUSD 1
Possibility to issue shares without par valueНет
Basic corporate tax rate0.00%
Capital gains taxНет
Currency controlНет
Stamp dutyНет
Director and Secretary
Minimum number of directors1
The requirement for residency directorsНет
Director of legal entities are allowedДа
The data reveals to the local agentДа
Data field to the public registryДа
The requirement for the presence of the SecretaryДа
Requirement to the residense of the SecretaryДа
Requirements to qualification of the SecretaryДа
Legal entity as the SecretaryНет
Shareholder and beneficiary
Minimum number of shareholders1
Data is entered in the public registerНет
Shareholders residency requirementНет
Information about the beneficiary is disclosedНет
Information may be disclosed to the local agentНет
Shareholders-legal entities are acceptableДа
The requirement for filing reportsНет
Open access to reportsНет
Statutory auditНет
The requirement for filing Annual ReturnНет
Open access to the Annual ReturnНет
The requirement for reportsНет
Treaty on avoidance of double taxation (States which signed)12
Membership in the OECDНет
Is it offshore according to Russian legislationДа
Trademark Registration
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