Difference Between Labuan Trust and Labuan Foundation

Before you get started with your wealth planning, it is good to understand the difference between Labuan Trust and Labuan Foundation. This will help you to make the better decision to minimise your risk and cost. More and more high net worth individual now choosing Labuan Private Foundation for their wealth management to have full control after the implementation of Common Reporting System (CRS) by OECD, check out why Labuan Private Foundation is so special?

Difference Between Labuan Trust and Labuan Foundation

Labuan jurisdiction offers a wide range of wealth management solutions to meet your needs and they are:

  • Labuan Private Foundation
  • Labuan Charitable Foundation
  • Labuan Trust
  • Private Trust Company

 

Among the solutions, the Labuan Private Foundation stands out as Asia’s only one Private Foundation vehicle protected by Foundation Acts! Labuan has enacted the Foundation Act in 2010 to allow full legal protection of Foundations according to the Act. Under the Act, the beneficiaries of Labuan Foundation may be a resident or non-resident. This is one feature of Labuan Foundation that is protected and preferred by legacy and succession planning needs of many high net worth individuals. 

Check out more on other jurisdiction private foundations compare to Labuan Private Foundation.

 

The set up of the Labuan Private Foundation vehicle is straightforward and simple!

Call us at +603-2783 9191 (Labuan Division) or send us an email us for more information on Labuan Wealth management vehicles that suits your needs. We will provide a private consultation to you giving guidance on how to set up and ways to customize the Labuan Foundation to manage your wealth efficiently and cost-effective. TRICOR’s One Labuan Platform easy to elevate your Labuan operation efficiently!

Name

Email

Nationality

Purpose of Set Up:

Currently do you have any Private Foundation set up in other Jurisdiction?
YesNo

Do you intend to have your current Foundation to be re domiciled to Labuan?
YesNo

What kind of assets you intend to endow into the Foundation?

Do you need officer nominee service?
YesNo

Other information to send us:

Trade Without Barriers

Tap into ASEAN Market Through Labuan

Labuan Blockchain and Crypto

Labuan Wealth Planning

Labuan Businesses

Labuan Tax Matters

Simplifying Complexities

Property Investment

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