Set Up a Labuan Company
Malaysia hotline：603-2141 8908; Fax：603-21418909; Email: tannetcom88@gmail.com
Set up a Labuan Company is a hot choice for foreign investors to setup and extend business in Labuan. It located at the hub of the island with Singapore, Hong Kong and Tokyo coexistence at the same time zone, making it a very convenient area, Georgia tax havens. Today, Labuan is an international offshore financial center 1990 issued by the Companies Act and in the same year the establishment of Labuan Offshore Business Activity legislation to ensure that Labuan offshore companies enjoy a professional and quite flexible corporate structure.
Benefits of set up a Labuan Company
1. 100% Ownership and Control by Foreigners will totally own the Malaysian business
2. Minimum one director.
3. Minimum of one shareholder. A director and shareholder can be the same or a different person.
4. Business Nature:
(a) None Trading. Your Labuan Company will pay zero corporate tax.
(b) Trading company. Your Labuan Company can be either paying 3% of tax or a flat rate.
5. Director Fee - Foreigners will declare income as director fee / dividend and pay zero income tax.
6. Labuan Legislation - the law is stable and will remain unchanged for many years
7. You are protected in avoidance of Double Taxation Agreements, DTAs
Tax System for set up a Labuan Company:
1) In order to profit from lessons of the business tax of 3%.
2) Regardless of the amount of turnover, profits and annual payment of RM 20,000 (USD 5200, HK 4.1 trillion). These two kinds of calculation are freedom to choose their own tax status of a filling, no matter what one of the two .The maximum tax amount is the highest amount of twenty thousand ringgit.
Authorized Capital for set up a Labuan Company
There is no minimum authorized share capital requirement. However, our standard companies included an authorized capital of USD 14,000 ordinary shares with a nominal value of USD 1.00 per share.
Yearly Maintenance for set up a Labuan Company
Labuan Company is required to file annual return, accounting, and audit and tax submission every year for trading company. An annual return must be filed regardless of trading or non-trading company. Moreover, company which engaged in trading business are required to submit audit report, tax submission ( a statutory declaration ) and does not elect to pay the flat tax. For those company which are engaged in non-trading business activities, no tax shall be payable for income earned.
Prohibited activities for Labuan Company
A Labuan Company shall NOT engaged the following business activities:
- carry on business with a resident of Malaysia
- carry on banking business, insurance or reinsurance except as permitted by the Offshore Banking Act, 1990
- carry on any business of a trust company
Set up a Labuan Company – Our strength
• ATAHK had established global service platform to serve entrepreneurs globally
• Fast Respond Team, 24 hours service
• Strong commercial service centers, matching platform services, procurement services
• Domain name registration, designing of China webpage
• Provide service platform for SMEs to establish a logistics and information center
• Strong financial team to provide financial solutions
• 15 years of experiences, 30, 000 of success stories
• Our reputation: Brand, Appearance, Character, Quality, Grade
For any on set up a Labuan company enquiries, please do not hesitate to contact us, ATAHK Malaysia hotline：603-2141 8908; Fax：603-21418909; Email: tannetcom88@gmail.com; website: http://www.3737580.net.