Labuan offshore company
Labuan offshore company
Intellectual Property Ownership (Trademarks, Patents) | International Trade/FOREX/GAMING/CRYPTO-CURRENCY EXCHANGE | Financial Corporations | E-commerce Business | Investment Holding Company | Asset Protection Entity
Fee for a Business Bank Account Opening:
(HSBC, DBS or CitiBank):
Price:Â US$ 750 (one-off fee)
Fee for a Direct merchant account acquisition:
(HSBC, DBS or CitiBank):
Price:Â US$ 1200Â (one-off fee)
General Information | |
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Type of Business Entity | Labuan Company (Private Limited by Shares) |
Corporate Income Tax | Nil for Labuan non-trading activity |
British Based Legal System | Yes |
Double Tax Treaty Access | Yes |
Incorporation Time Frame (Approx., days) | 2-3 working days |
Corporate Requirements | |
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Minimum Number of Shareholders | 1 |
Minimum Number of Directors | 1 |
Corporate Directors Permitted | No |
Standard Authorized Capital/Shares | 1,000 USD |
Local Requirements | |
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Registered Office/ Registered Agent | Yes |
Company Secretary | No |
Local Meetings | Anywhere |
Local Directors / Shareholders | No |
Publicly Accessible Records | No |
Annual Requirements | |
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Annual Return | Yes |
Audited Accounts | No for Holding companies |
Incorporation Fees | |
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Our Service Fee (1st year) | US$ 2,500 |
Annual Renewal Fees | |
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Our Service Fee ) | US$ 2,400 |
3% of Audited Net Profit for trading activities.  No tax for Non-Trading activities.
Only for licensed companies and companies electing to pay 3% tax.
Nevertheless, there is still a requirement to keep accounts that will sufficiently show the financial position of the company. With increased compliance, it is common that most companies will be required to prepare at least management accounts.