FAQ on Labuan Company Taxation
FAQ on Labuan Company Taxation will answer your concerns on the taxation issue and compliance of a Labuan Company. Labuan Company Taxation is simple and straight forward with fixed annual fiscal tax structure! Here is some commonly asked questions for your further understanding :
Who will be Tax Agent of my Labuan Company
What is Labuan Trading company?
What is Labuan Non-Trading company?
What are the Labuan tax options available?
a) For Non-Trading Company (investment holding) – zero tax and no audit report
b) For Trading Company will be taxed at a rate of 3% on net audited profits or pay a flat rate of RM20,000 without audit report
c) For Dormant Company – zero tax and no audit report
d) Permanent Election to be taxed under Malaysia Local Tax (ITA 1967)- tax rate of 24%