Guide to Set Up Marketing Office for Labuan Company
With effective from April 2019, all Labuan companies can now set up their marketing offices anywhere in Malaysia and with an unlimited number of staffs. All Labuan companies, prior to the application for the Marketing Office, you must set up your management office in Labuan. Any additional marketing office location subject to Labuan FSA’s approval.
The role of a Marketing Office is to facilitate meetings with clients and to establish contacts with potential clients. There should be no maintenance of books and records (including trading activities) through, from or in the Marketing Office.
The documents required to set up the Marketing Office for Labuan Company is as follows:
1. Three(3) years’ Business Plan including financial forecast
2. Organization Chart of Labuan office and proposed Marketing office
3. Propose location and address
4. Resume of the managerial staff at the Marketing Office
The operational requirement of the Marketing Office:
1. An address with the office of the separate door, independent from other entities
2. Proper signage contains the company name, registration number, license no (if any)
3. Six (6) monthly’s activities is required to be submitted to Labuan FSA.
The proposed office has to have space concealed and with own door access. The size of the office is flexible as long as it is able to fit the number of staffs with sufficient working area. Approval by Labuan FSA for Marketing Office often takes 30-45 days. Upon the approval, the Marketing Office fee of RM7,500 is payable to Labuan FSA. For the subsequent year, the Marketing Office fee is to be paid by every 15th JAN.
Feel free to speak to us of your needs by calling us conveniently at our Kuala Lumpur office at +603-2783 9191 (Labuan Division) to serve your better. We provide total solutions from setting up your management office and the marketing office. The application is only available to our existing clients. We “simplify the complexities” of your Labuan business. Feel free to send us your inquiry form for the setting up your Marketing Office today!