FAQ on Incorporation of Labuan Company
What should I do when I decide to go ahead to set-up Labuan Company?
The first step is to provide us a copy of your passport of the proposed directors and shareholders for back ground check. Once the back ground is clear, please complete the Incorporation Form and sign the Service Agreement with payment remit to us. We will guide you to prepare all necessary documents to submit to us while we are preparing the pre incorporation documents ready for your execution and courier to us for registration. Once the company incorporated, Registration Certificate will be issued by Labuan FSA. The whole process of registration with Labuan FSA takes about 5 to 7 days.
How fast the incorporation process?
Within 5 to 7 working days upon complete documents from you. There are 3 stages involved:
1. Reserve name (1 day)
2. Submission for incorporation to obtain Company Certificate (1-2 days)
3. Post incorporation documents approval (3 to 5 days)
Why Is It Important You Deal with Us With Kuala Lumpur Office? Minimum one director and one shareholder, can be of the same person with maximum of 5o for each capacity. The director and shareholder can also be corporate entity. Please click here for complete info on how to register a Labuan Company.
How many director or shareholder required to form a Labuan Company?
Minimum one director and one shareholder, can be of the same person with maximum of 5o for each capacity. The director and shareholder can also be corporate entity. Please click here for complete info on how to register a Labuan Company.
Do I need a physical office in Labuan?
It is advisable to proof of commercial substance for tax proofing your business activities in Labuan to avoid any tax penalty or scrunity. Check out more how to set up your business operation office in Labuan.
Is it a mandatory to have a resident director?
Not necessary but it is required to appoint a Resident Secretary, provided by us as your Trust Company
Is Labuan Company's information publicly accessible?
No. Labuan is one of the best justification that promote confidentiality for public access.
Is it mandatory for directors' physical presence in Labuan for every meetings?
Not necessary, it can be done anywhere in the world. However, for proof of commercial substance, it is advisable to have meeting in Labuan or Malaysia on key management decisions.
Check out the CRS solutions for Labuan Company.
Can Malaysian owns a Labuan International Company?
Yes, both Malaysian individual or Malaysia corporate can be the shareholders of the Labuan company.
Can Labuan Company set-up office anywhere in Malaysia?
Not anywhere in Malaysia. Management office has to be in Labuan while marketing office can be in Kuala Lumpur and/or Iskandar Malaysia. How to set up marketing office, please click here for more info.
Can Labuan Company hires local Malaysian to work?
How can I terminate the Labuan Company?
There are two(2) ways to dissolve your Labuan Company, please click here for complete info.
Feel free to drop us an enquiry to advise the right structure for your Labuan Company set-up. We “simplify the complexities”!