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. Yearly activities are required to be submitted to Labuan FSA with minimally be able to describe the number, type, and depth of marketing activities that have been undertaken throughout the reporting period. The report to submit within 30 days from 31st December annually.

The non-licensed entity to submit the report to Head of Registrar of Companies while licensed entity to submit to Head of Business Operation Unit of Labuan FSA.

The proposed office has to have a concealed space and with its own door access. The size of the office is flexible as long as it is able to fit the number of staff with sufficient working areas. Approval by Labuan FSA for Marketing Office often takes 30-45 days. Upon the approval, the Marketing Office fee of USD 2,500 is payable to Labuan FSA. For the subsequent year, the Marketing Office fee is to be paid by every 15th Jan.

Any expenses or employees incurred to the LMO will not be taken into account to satisfy the substantial activity requirements of the P.U. (A) 392. (annual minimum spending). Please click here for more!