Company registration in Labuan where and how?

[blizz]

Do you know if this jurisdiction is supported by any payment processor?

 

[GCE]

I'm still looking for someones experience to with the registration of a company in Labuan / Malaysia - I'm in contact with a few service providers so far total amateurs to chat with

I have contacts with CSPs who are dealing with Labuan companies. Their fees are reasonable and the attitude is very professional.

 

[blizz]

I have contacts with CSPs who are dealing with Labuan companies. Their fees are reasonable and the attitude is very professional.

Can you list fees including goverment fees for a simple IBC in Labuan ?

 

[bountymounty]

I have contacts with CSPs who are dealing with Labuan companies. Their fees are reasonable and the attitude is very professional.

Please update the thread with price and how to order

 

[GCE]

Labuan Limited Company

Set-up costs (remote service) - 4 800 USD
Company secretary and registered office - 1 100 USD
Government fees - 400 USD
Corporate bank account opening in Malaysia (remote service) - 3 950 USD
Annual accounting and tax fees - 2 300 USD

Minimum capital - 1 USD
Incorporation perio - 2 weeks
Corporate tax rate - 3%

 

[JohnLocke]

Corporate bank account opening in Malaysia (remote service) - 3 950 USD

That's a lot of money for introducer service? Do they provide English Internet banking and how with documentation, what requirements they have, briefly if you can list? Can we make International Wire Transfers / SWIFT transfers directly from within the online banking.

sorry for all the questions.....

 

[GCE]

Corporate account is opened with Maybank

Multi-currency current account
Minimum monthly balance - 1000 USD
Fees per outcoming/icoming transfers - 4 USD
International wire transfers/ SWIFT transfers are accepted
Easy to operate e-banking in English

More info at Maybank2u.com - Master Foreign Currency Account

 

[JohnLocke]

Thank you very much @GCE for the information I will get in touch with you shortly.

 

[negon]

Set-up costs (remote service) - 4 800 USD

I have seen fees starting at $2300 for a company in Labuan, actually I'm still in some discussion with some there. What's included in the company for $4800 ?

 

[hiju]

So 6k for a Labuan company! How reliable is this service provider do you have any link or name you wanna share?

 

[hiju]

I have seen fees starting at $2300 for a company in Labuan, actually I'm still in some discussion with some there. What's included in the company for $4800 ?

You know what was included in this package? all government fees, certificate etc? many of these are operating with hidden costs!

 

[negon]

You know what was included in this package? all government fees, certificate etc? many of these are operating with hidden costs!

They mentioned all government fees are included.. I don't know yet still researching a little.

 

[happyjohn]

I hope somone soon find a provide of reliable Company formation in Labuan? I'm eager to get started.

 

[JohnSeed]

I think its something like 57K USD

That's a lot of money any alternatives for us?

 

[JohnSeed]

They mentioned all government fees are included.. I don't know yet still researching a little.

You proceeded with any of them?

 

[adoffshore]

Hello,

I seems we never discussed the jurisdiction Labuan / Malaysia for company registration and setup of offshore banking!

Doing some research in seems to be the ultimate best offshore jurisdiction in 2017 and many years ahead to protect privacy, assets and avoid any taxes!

Now I was wondering, what is the reason for why no one has mentioned Labuan company formation at any time? Is it because no one know about this tax heaven? or no one want to talk about it?

When reading about Labuan which is located in Malaysia it seems any government worldwide have put it on the black list as "the offshore jurisdiction no 1" which can't be penetrated at all!

So does anyone has any information about it?

How secure is labuan in regards to exchange information with other authorities and countries?

 

[adoffshore]

second that, if you don't have that money don't consider to go offshore at all. stay at home and watch TV or grow your business so it's worth going offshore!

to OP, Labuan looks really interesting, however, I'm missing a link to the BBC article (if any available) and I'm missing any information about what agreements they have signed (if any) with the rest of the world?!

Some of us don't make a fortune but still enough to register a offshore company to protect our identity!

 

[GCE]

How secure is labuan in regards to exchange information with other authorities and countries?

Labuan is Malaysian federal territory. In this relation it will be subject to CRS implementation starting in 2018

 

[adoffshore]

Labuan is Malaysian federal territory. In this relation it will be subject to CRS implementation starting in 2018

are you 100% sure that this is applicable to Labuan?

 

[clemens]

Hello,

I seems we never discussed the jurisdiction Labuan / Malaysia for company registration and setup of offshore banking!

Doing some research in seems to be the ultimate best offshore jurisdiction in 2017 and many years ahead to protect privacy, assets and avoid any taxes!

Now I was wondering, what is the reason for why no one has mentioned Labuan company formation at any time? Is it because no one know about this tax heaven? or no one want to talk about it?

When reading about Labuan which is located in Malaysia it seems any government worldwide have put it on the black list as "the offshore jurisdiction no 1" which can't be penetrated at all!

So does anyone has any information about it?

Very interesting to learn about! I was not aware of Labuan as an offshore jurisdiction. As far as I read Malaysia is not the best destination to incorporate a business offshore. I could be wrong but would like to know about what article is referred to in this thread?