Location
One of the outside islands of Malaysia.
Economy
A federal territory in East Malaysia.
Famous tourism area in South Asia.
Language
Malay and English
Legal System
Common Law
| Labuan Company | |
| Type | Limited Company |
|---|---|
| Name | End with “Ltd.”, “Corp.”, “Inc.”, “Bhd”, “S.A.”, “N.V.”, “B.V.”, “GmbH” or “A.G.”. |
| Capital | No requirement. |
| Share | Prohibited to issue no value or bearer shares. |
| Share Index | Yes |
| Registered Agent | Yes |
| Registered Address | Yes |
| Public Disclosure | No |
| Min. Shareholder | At least one |
| Min. Director | At least one |
| Disclosure of Shareholder | No |
| Disclosure of Director | No |
| Trading restriction | No |
| Taxation | Income tax rate 3% or a Fixed taxation paid of MYR 20, 000 every year. |
| Financial Statement | Yes |
| Tax Returns | Yes |
| Account Filing | Yes |
| Audit Report | Yes |
| Accounting | Yes |
| Incorporation Cost | USD 3,000 |
| Annual Fee | USD 2,900 |
