Register Company in Labuan

One-Stop Solution to Register a Company in Labuan – Block3 Finance

Starting a business in Labuan is easy with Block3 Finance. Our comprehensive business expansion package includes everything you need to establish your company with minimal effort. From company registration with the Labuan International Business and Financial Centre (IBFC) to securing office space, hiring employees, and opening a corporate bank account, we handle it all.

Why Choose Labuan for Company Registration?

Labuan, a Federal Territory of Malaysia, offers an attractive business environment for foreign investors. Since the Offshore Companies Act 1990, Labuan has consistently been a preferred destination for international businesses. The Labuan Financial Services Authority (Labuan FSA) ensures a modern and internationally recognized legal framework that guarantees operational transparency and compliance.

Benefits of Registering in Labuan

Strategic Location in Asia-Pacific: Access major markets in Asia with ease.

Tax Advantages: Labuan has one of the lowest corporate tax rates at 3% for trading companies, and non-trading businesses may qualify for tax exemptions.

Full Foreign Ownership: Own 100% of your business in Labuan with no local ownership requirement.

Strong Legal Framework: Labuan is governed by internationally accepted financial and regulatory standards.

Economic Substance Requirements: Meet the new regulations with our help, including hiring local employees and maintaining a local office.

Our Service Package Includes

Company registration with Labuan IBFC

Provision of a local company secretary and registered office

Opening a corporate bank account (local or international)

Financial license application (if required)

Recruitment of local employees and sourcing of office space (if required)

Annual accounting and tax services.

How Long Does It Take to Set Up a Labuan Company?

At Block3 Finance, we complete the Labuan company registration within 2 weeks. After receiving due diligence documents from the directors and shareholders, we proceed with name reservation and preparation of incorporation documents. The entire process can be done remotely—you don’t need to travel to Labuan.

Once registered, you will receive your company formation documents, including the Certificate of Formation, Memorandum & Articles of Association, and Register of Directors and Shareholders. We will also help you meet any economic substance requirements, including local employment and office space, if necessary.

Within 4 weeks, we will open your corporate bank account with either a Labuan or overseas bank. If a face-to-face meeting is required by the bank, Block3 Finance will handle the logistics, arranging virtual meetings or accompanying you to the bank as needed.

In just 6 weeks, your Labuan company will be fully operational, allowing you to start issuing invoices. For a faster setup, consider purchasing a ready-made company with a corporate bank account, available within 4 weeks.

New Labuan Business Activity Tax

In line with Malaysia's commitments under the Base Erosion and Profit Shifting (BEPS) initiative, Labuan has implemented the Labuan Business Activity Tax regulations. These changes aim to curb tax evasion and harmful tax practices by increasing economic substance requirements for certain business activities.

Labuan Trading Companies: Taxed at a 3% rate, with strict economic substance requirements, including a physical office and local employees.

Labuan Non-Trading Companies: Exempt from tax but must incur RM20,000 in domestic expenditures annually.

Block3 Finance helps businesses navigate these regulations, ensuring compliance with the updated tax framework.

Types of Companies in Labuan

Labuan International Business Company (IBC): Ideal for foreign investors, offering full ownership and a low 3% tax rate.

Labuan Trading Company: For businesses engaged in activities like banking, insurance, and shipping, with additional compliance requirements.

Labuan Non-Trading Company: For investment holding purposes, tax-exempt but with economic substance requirements.

Labuan Representative Office: For market research and promotion, but not allowed to engage in profit-making activities.

Steps to Register a Company in Labuan

1. Choose a Business Structure: We’ll help you select the right business structure based on your objectives and regulatory requirements. Most foreign investors choose Labuan IBC for its tax benefits and foreign ownership options.

2. Name Reservation: We’ll check the availability of your preferred name and reserve it with the Labuan FSA. The name will be reserved for 3 months upon approval.

3. Document Preparation: We’ll assist you in preparing and notarizing required documents, including Memorandum & Articles of Association, and ensure compliance with all relevant regulations.

4. Registration: Submit the completed documents to the Labuan FSA. The registration process can be completed in as little as 24 hours.

5. Visa and Bank Account: We assist in applying for the Labuan Business Visa and opening a corporate bank account with reputable Labuan or international banks.

6. Financial Reporting & Tax Compliance: We handle annual financial statements, tax filings, and ensure compliance with Labuan’s tax laws.

Why Register in Labuan?

Labuan offers a business-friendly environment with low taxes and access to international markets, making it an attractive option for foreign investors. With Block3 Finance handling your company registration, you gain a reliable partner to guide you through every step of the process.

Contact Block3 Finance Today

Set up your business in Labuan with Block3 Finance. Our experts are ready to assist you with seamless company registration, compliance, and more.

Labuan