Why Choose Labuan

** Centrally located in South East  ASIA, on the  Island of Borneo, Eastern   Malaysia **

** Time of 8 hours ahead of GMT **

** Located close to the National Insurance  markets in Asia and Australia region **

Malaysia

• Stable political environment
• Liberal government outlook
• Equatorial climate
• Resources readily available
• Good framework of laws and independent judiciary
• Low operational costs
• English widely spoken and main business language
• DTAs with over 70 countries

Labuan International Business & Financial Centre (LIBFC)

• Sophisticated infrastructure
• Confidentiality and private business environment
• Excellent support services: legal & finance
• Access to permitted Malaysian risks and reinsurance
• Low tax on profit – 3% of NPBT or RM20,000 max
• Freedom to follow any recognized accounting standards
• No restriction on foreign investments
• No WHT on dividends, royalty, interest and fees for technical services
• No penalty on withdrawal from Labuan
• Can be managed by a management company licensed in Labuan instead of establishing own office. 
• Meetings of shareholders and of the board of directors can be held anywhere in or out of Labuan
• Gives access to permitted Malaysian risks and reinsurance of Malaysian business