Cost To Set Up Labuan Company
Less than MYR50000 MYR 1000 USD 300 ii. Call us 603-2161 0354 for competitive price.
Labuan Company With Hong Kong And Singapore For Low Tax
Labuan companies MYR 2600 USD 1500 ii.
Cost to set up labuan company. For example the required paid-up capital for a company is as low as 1 USD. The taxes and costs associated with setting up a company in Labuan and a residential address are lowthe minimum paid-up capital for the company needs to be only 1 USD. For your Bank Opening Account you would require to purchase Company Information Letter from the Labuan Authority each set cost USD 250 approx.
Labuan offers an infrastructure for corporations to set up including a qualified workforce. Standard minimum paid up. Low Tax The corporate income tax for a company in this special region is only 3 on your profit and in some cases companies are completely exempt from the profits tax.
The application should be submitted together with the Memorandum and Articles of Association consent letter to act as director statutory declaration of compliance as well as payment of registration fees based on paid-up capital. Bank account opening arrangement in Malaysia. Exceeding MYR1 million MYR 5000 USD 1500 b Registration fee for foreign Labuan company MYR 6000 USD 2000 Annual Fees i.
This fee includes i Labuan company formation services ii company secretary and registered office iii government registration and iv corporate bank account opening. The taxes and costs associated with setting up a company in Labuan and a residential address are low. Stage 1 Registration of Labuan Company Stage 2 Application of Work Visa for Labuan.
Your Labuan company details. Permitted currency of Capital. Minimum Requirement 1 same director 1 same shareholder.
Foreign Labuan company MYR 5300 USD. Asia Monetary Markets. Labuan has its stock market called the Labuan Financial Exchange LFX.
Labuan Legislation The law is stable and will remain unchanged for many years. The incorporation of a Labuan company is a fast process and foreign investors not only benefit from 100 foreign ownership but the taxes associated with this step are very low. Labuan company incorporation US3850 Company secretary and legal registered address US750 Government fees US650.
You can achieve bank account in many banks in the world with a Labuan. Here are the five5 different stages of processes from formation of the company complete with an opening bank account and your 2 years work visa under the Labuan company. All foreigners should know the Steps to Set-Up Labuan International Company and get the right advise.
Labuan business incorporation costs in Year 1 will amount to US4800 and annual company costs in Year 2 and thereafter will amount to US1570. Director fee or dividend is non-taxable. As stated before the minimum paid-up capital for the company needs to be only 1 USD.
Low tax rate at 3 of audited net profits or fixed tax of RM20000. Here are the cost structures and information relating to setting up a Labuan Company including incorporation and registration fees Fees Schedule for a newly formed Labuan Company Based on the Labuan Companies Act 1990 by the Labuan Financial Service Authority Labuan FSA the registration fees are segregated according to the paid-up capital size of the intended Labuan Company. MYR50000 but less than MYR1 million MYR 2000 USD 600 iii.
Minimum number of Shareholders. None but our standard company comes with a standard paid up of U100. Labuan incorporation Secretarial fee for 1 year.
A Registration fee for Labuan companies with paid-up capital of. Labuan Business Set Up. Standard authorised capital None.
-low incorporation costs. Labuan incorporation Registered address fee for 1 year. YEARLY MAINTENANCE COST COMPARISON BETWEEN MALAYSIA LOCAL COMPANY SDN BHD and LABUAN INTERNATIONAL COMPANY.
Labuan now adopts no par value regime. Full Set corporate document. We need the information about your company Director Shareholder along with the share ratio.
Besides the payment of relevant fees based on paid-up capital the official documents that should be submitted together with the application are the Memorandum and Article of Association of proposed company consent letter to act as director and the statutory declaration of compliance by the trust company. Our fees to complete the A to Z of a Labuan offshore company set up amounts to US12000. Any currency except Malaysian Ringgit although in most cases the US is prevalent.
Incorporation of a Labuan company in Labuan IBFC must be done through a Labuan trust company. Paid up capital below USD 10000 if above USD 10000 additional fee incurred Government Fee included. Labuan brokerages have access to every Asian monetary market at a much lower setup costs than Hong Kong or Singapore.
Choose the recommended services for your Labuan company. A Labuan company can be incorporation in Labuan IBFC but it must be done via a Labuan trust company.
