Labuan is the only midshore jurisdiction across Asia, providing a business-conducive environment for companies looking to expand into Asia in a cost-effective manner.
Labuan, also known as the Federal Territory of Labuan, is an island located off the shores of the Sabah state in East Malaysia. Ever since 1990, Labuan has emerged to be one of the most vibrant jurisdictions in Asia Pacific, with its own brand as a “midshore” business hub.
Concurrently, Labuan also offers a variety of financial and business services through the Labuan International Business and Financial Centre (Labuan IBFC). Labuan is well positioned to meet the demands of a future international financial hub despite being a midshore centre as it is cost-effective in its management, is transparent, tasked with lower tax rates and run on a robust regulatory framework.
In short, Labuan presents a desirable platform for foreign companies and investors aiming to seamlessly penetrate the Asian market and beyond.
Nestled strategically in the heart of Asia Pacific, Labuan is deemed as a Special Economic Zone (SEZ) by the Malaysian government. An SEZ is a geographical region offering local and international businesses an array of regulatory and financial incentives.
In essence, companies in SEZs operate under a separate economic framework, distinct from a country’s economic laws. For businesses, this translates into a host of advantages, including tax benefits, less strict regulations, and reduced customs duties – optimised for business growth and expansion.
Labuan, as an ASEAN SEZ, opens doors to opportunities for businesses seeking a strategic foothold in Asia.
Many businesses nowadays are constantly looking for places where they can set up their business entities to be more competitive over other industry players. Labuan offers flexibility to entrepreneurs dealing with international as well as Malaysian markets at lower tax rates and at the same time providing them with easy access to comprehensive infrastructures, thereby supporting fully your commercial needs at an affordable price.
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Click HereComprising a team of seasoned professionals well-versed in Labuan’s business landscape, FA Advisory Limited extends a comprehensive suite of services covering corporate services, private wealth management, and licensing compliance administration, all tailored to meet the unique needs of our clients.
At FA Advisory Limited, our expertise lies in delivering Labuan insights that facilitate business expansion, simplifying intricate processes, and offering valuable information to guide you through various facets of your journey.
Adopting an integrated and personalized approach, we are committed to providing holistic support to our clients, guiding them through the intricacies of their ventures in Labuan, ensuring a seamless and successful experience.
We step in to empower our clients with in-depth knowledge of Labuan’s latest laws and regulations to meet compliance needs, optimise tax structures, and fulfill substance requirements mandated by various regulators. By imparting these essential insights, we empower them to gain a competitive edge in the dynamic landscape of Labuan’s business environment.
We aim to become the go-to company in Asia for businesses and individuals looking to establish a robust presence in the region. We navigate the ever-evolving business landscape, providing our clients with stability and peace of mind amidst dynamic changes.
Email: advisory@finarkasia.com