HIGH RISK JURISDICTION COUNTRY For LABUAN COMPANY
As a Trust Company, we are abide to make an emphasis in combating money laundry and terrorism funding to protect international financial system and to comply with the International standard on compliance with Organisation for Economic Co-operation and Development (OECD) and Financial Action Task Force(FATF) bodies. The current list of high risk jurisdiction country for Labuan Company released by FATF as at 23 Oct 2015 as follows:North Korea
HIGH RISK JURISDICTION COUNTRY For LABUAN COMPANY – How to Register Your Company Successfully?
For the high risk jurisdiction nationality, to set up a Labuan Company, an enhanced due diligence process will be required including thorough back-ground check and arrange interview to meet the Labuan Authority before the registration is permitted. Each profile would require different format of presentation. The “High Risk Jurisdiction Country” list for Labuan Company set-up may change from time to time by the Labuan Authority.
We simply “simplify the complexities” for your Labuan Company set-up. Call us today at +603-2161 0354 for an advise how to set-up your Labuan entity successfully if you fall into one of the national in the high risk jurisdiction list!