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Benefits of Labuan Company

Update Date:2015-9-21 8:21:25 Source:Tannet (Malaysia) Sdn Bhd Views:753

Malaysia Hotline: +603- 2141 8908


There are many benefits to setting up a company in Labuan. It is strategically located for carrying out business in the Asian market as it operates on the same time zone as a number of large Asian cities. Labuan IBFC is just a short flight from Kuala Lumpur and Kota Kinabalu and there are plenty of flights daily. Labuan also has an excellent infrastructure, and a pool of talented, experienced and multilingual professionals who can help you grow and develop your business.

-Corporate Tax:

Investment Activities – 0%

Trading Activities – 3% or Maximum Ringgit Malaysia 20,000

-Audit is not compulsory (for certain activities)

-0% indirect tax (such as Sales Tax, Service Tax, GST, VAT and Custom Duty)

-0% Personal Income Tax for Non-Malaysian Director

-0% Stamp Duty – Labuan is a free tax port

-50% Exemption on Gross Employment Income for Nor Non-Malaysian Managers

-No further tax on dividend remitted back to home countries.

-Tax Residency Certificate available for Company and Individual Shareholder.

-No Exchange Control Regulations – Free Flow of Funds. Stop Tax heavens Abuse Act does not apply in Labuan.

-Investment Protection Agreement (IGA) with more than 50 Countries. Protect your investment in the event that it is being nationalized.

-Private and Confidential. Shareholders, Directors, shareholders and companies’ information are not available for search. Nominees and beneficiaries are protected by Acts

-Double Tax Treaties (DTA) with more than 70 Countries.

- 0% Withholding Tax: Dividend, Royalty, Lease Rental, Interest, Technical or Management Fee.

-Allowed and able to stay and work in Malaysia


Contact us

If you have further queries, please contact Tannet
24 hours Malaysia hotline:603-21418908;
24 hours Hong Kong hotline:852-27837818;
24 hours Hong Kong hotline:86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.nethttp://en.tannet.com.my


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