FAQ Setting up of Labuan Companies

I am a Malaysian. Can I incorporate a Labuan Company?
Yes Malaysian and NON Malaysian can incorporate Labuan Company. Please email us for enquiry.
Can Labuan Trading Company Transact with a MAlaysia Resident ?
Commencing 1 January 2019 Labuan Company are permitted to carry out business transactions with Malaysia Resident .  The amount allowable for deductions for the Malaysia Resident is subject to 67% for Labuan Leasing Company, 67% for Labuan Bank and 3% for Other Business.
Do I need to be physically present in Labuan to incorporate the Labuan Company?
Not necessary.
How long will it take to register a Labuan Company?
3 working days upon receiving your full documentation
How to Register a Labuan Company?
CS Trust will do your registration. Please email us for more information.
Do I need to inform Labuan FSA when I register a Labuan Company?
No. CS Trust will assist you in incorporating the Labuan Company for start to end.

FAQ on Incorporation of Labuan Company

Can Labuan Trading Company Transact in Ringgit Malaysia?
Commencing 1 January 2019 Labuan Company are permitted to carry out business transactions in Malaysian Ringgit and with Malaysia Resident .  The amount allowable for deductions for the Malaysia Resident is subject to 67% for Labuan Leasing Company, 67% for Labuan Bank and 3% for Other Business
What are the minimum Director and Shareholder requirements for a Labuan Company?
One director who can either be an individual or a corporate entity and One shareholder who can either be an individual or a corporate entity
Can Labuan Trust Company provide nominee director and nominee shareholder services?
Yes for a fee.
Can the director and shareholder be of the same person?
Yes
Will the information of the Labuan Company, its Directors and Shareholders be published or made available to other party?
No, all details will be strictly kept confidential by CS Trust. Information are not made avail to the public.
What is the minimum capital requirement for Labuan Company?
USD1.00 for non licensed entity. For license entity the capital requirements depends on the type of licensed applied.

FAQ Labuan Company Tax

What is the tax rate for Labuan Company?
1) For trading activities the Labuan Company tax is 3% of Audited Net Profit
2) For Non-Trading activities there is No tax except for Investment in Intellectual  Property

FAQ Labuan Company Accounting and Audits

Is it possible to open Bank Account for Labuan Company in Labuan?
Yes, CS Trust can assist you.
Do Labuan Company need to file Annual Return?
Yes. Annual returns must be filed not later than 30 days prior to the anniversary of the date of incorporation.
Must financial statements of Labuan Company be audited?
1) Yes for Trading Company
2) Not required for Holding Company.