Why Labuan International Company is the Best Entity In Malaysia
20 reasons why Labuan International Company is the better option for you! It is great to use Malaysia as the hub for your expansion in the region!
Labuan International Company is the simplest form where foreigners can owned in Malaysia and dealing with Malaysians are permissible. Here is some keys point of attractiveness:
Labuan Company can be 100% owned by a single person only, without local Malaysian partner!
Most businesses operate out of Labuan do not required industry and activity licenses!
Incorporation is fast within 7 days, can be done while you are in your home country!
Transact with in foreign currencies of your choice i.e. USD, Euro, etc!
Corporate bank account available in Malaysia Ringgit and most foreign currencies!
Yearly tax on net profit of only 3% or pay flat fee of RM20,000!
For Investment Holding Company , no tax & no audit report is required!
Dealing with Malaysian residents and companies is permissible with tax rate of 24%!
No sales tax and service tax for your business operations!
No withholding tax for interest, technical fees, royalties and management fees!
Foreign directors receiving fees as income is tax exempted!
50% personal tax rebate for foreign managerial employment!
Low paid up capital of RM250,000 only for Work Visa application!
2 years’ renewable multiple entry Work Visa is available for you and your family!
Work Visa application can be done right after the incorporation of company!
Work Visa holders are permitted to reside anywhere in West Malaysia/Labuan!
Spouse and children (under age 18) can be included in your visa application!
Parents are eligible to be included on yearly visa!
Office and residential addresses to be set up in Labuan only after visa is approved!
Work Visa approval, often within 90 days!
Send us the enquiry today, let us know of your objectives in order to evaluate if Labuan International suitable and able to meet your objectives in Malaysia! We “simplify the complexities” for your business investment in Malaysia!