Labuan - Asia Pacific's Leading Midshore IBFC
Why Labuan International Business and Financial Centre (IBFC)?
-
Strategically located in Malaysia, sharing common time zone with major Asian cities, complementing financial centre in Hong Kong, Singapore & Shanghai.
-
A leading business and financial centre in Asia Pacific with growing reputation and track record.
-
Striking an ideal balance between client confidentiality and compliance with international best standards.
-
Robust and well-balanced legal and regulatory framework.
-
A tax-efficient jurisdiction to facilitate businesses.
-
Access to Malaysia's double taxation treaty network with more than 70 countries.
-
Providing a wide range of solutions for business and investment solutions for cross border transactions, business dealings and wealth management.
COMMONLY USED LEGAL STRUCTURE
-
Labuan Company
-
Foundation
-
Partnership
-
Trust
TAX FRAMEWORK
Corporate tax at 3% or 0%
No service tax and 6% on imported service
No withholding tax
No stamp duty
100% exemption of director's fee received by non-citizens individual
Double taxation agreement (DTA) with more than 70 countries
NO
Withholding Tax
Stamp duty
Import Duty / Sales Tax
Indirect Tax
Capital Gain Tax
Inheritance Tax
The information contained in this document is provided for information purposes only. It does not constitute legal advice and should not be relied upon as such. The readers may need to obtain professional advice on legal or tax issues affecting you before relying on it. However, Signature Trust Ltd tries to ensure that the content of this document is accurate, adequate, or complete, it does not represent or warrant, express or implied, its accuracy, correctness, completeness or use of any of the information. Signature Trust Ltd expressly disclaims any liability to any person for loss or damage incurred as a result of reliance placed upon the information contained in this document.