Why Labuan International Company is the Best Entity In Malaysia
20 reasons why Labuan International Company is the better option for you! 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 owned 100% by single person only, without local partner!
No need for trade license in most business activities of Labuan company!
Incorporation is fast within 7 days, can be done while you are in your home country!
Sales receivable in foreign currencies of your choice ie USD, Euro, etc!
Corporate bank account available in Malaysia Ringgit and most foreign currencies!
Yearly tax on net profit only 3% or pay flat fee of RM20,000!
Investment holding Company no tax, no audit reporting required!
Dealing with Malaysian residents and companies is permissible, tax rate is 24%!
No sales tax and service tax for your business operations!
No with holding tax for interest, technical fee, royalty and management fee!
Foreign directors receiving fee as income fully tax exempt!
Professional expatriates income is 50% tax rebate!
Low paid up capital of RM250,000 only for Work Visa application!
2 years’ renewable multiple entry Work Visa is available for you and family!
Work Visa application can be done right after the incorporation of company!
Work Visa holders permitted to reside anywhere in West Malaysia/Labuan!
Spouse and children (under aged 21) can be included in your visa application!
Parents are eligible to be included on yearly visa!
Office and residential address to be set up in Labuan only after visa 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!