Labuan derives from the Malay word “Labuhan” and its deepwater were used by ships for anchorage from the threat of enemy and typhoons in the past. Labuan was also known as Victoria Island and Maida Island at different points in time.
In 1984, Labuan became a second Federal Territory after Kuala Lumpur, the capital of Malaysia. Labuan continued being developed under the Labuan International Business and Financial Centre (IBFC). The island was declared a free trade zone in 1990, boosting banking, insurance and corporate financing industries. These industries further benefitted from tax exemptions put into place. Being located along important shipping and airway routes, the island has an ever-increasing supply of business opportunities both local and international.
Labuan has managed to develop an attractive suite of frameworks and solutions ready for cryptocurrencies, fintech-related and digital banking businesses. These include brokering licenses, trust licenses, credit token licenses, securities licenses, and many more.
Labuan service providers and intermediaries play an vital role in facilitating investors of geographical diversity to incorporate or register their establishments in Labuan. This is why trust companies have become an essential part of Labuan’s financial ecosystem.
While a corporation or a limited liability company (LLC) does offer asset protection, an offshore company is the more effective in protecting your hard-earned assets (such as real estate investments and intellectual property) from frivolous and vengeful lawsuits.
For people who own multiple properties in different countries, using an offshore holding company is a practical administrative strategy that minimizes probate when you pass away.
An offshore company can legally minimize your business tax obligations due to the offshore’s low/zero tax jurisdiction. For Labuan companies solely for investment holding purposes.
Most offshore location, including Labuan, offers the benefit of anonymity and privacy. Important information such as the shareholders, directors or beneficiaries of the company will not be disclosed by the registrar nor will they be publicly published.
22-08, Level 22, Q Sentral,
2A. Jalan Stesen Sentral 2,
Kuala Lumpur Sentral,
50470 Kuala Lumpur,
Malaysia.
T: +603 2276 2208
Suite No. 6, Unit Level 9(E),
Main Office Tower, Financial Park Labuan,
Jalan Merdeka,
87000 Federal Territory of Labuan.
Malaysia.
Unit 22-13, Level 22, Q Sentral,
2A, Jalan Stesen Sentral 2,
KL Sentral, 50470 Kuala Lumpur,
Malaysia
T: +603 888 8888
F: +603 888 8888
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© Unicorn Labuan Trust Ltd | Privacy Policy | Terms & Conditions