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FAQ




Contact :
+6 087-453 858
+6 087-452 858

Fax :
+6 087-453 616

Email :
marketing@ectrustco.com
management@ectrustco.com

Address :
EC Trust (Labuan) Bhd,
U0195 Jalan Merdeka,
87007 F.T Labuan,
Malaysia

 
 
 Frequently Asked Questions
 1. How to Register / establish Labuan Company (LC)?
 2. What are the requirements / conditions to register?
 3. How much are the fees / costs?
 4. How much is the annual fees? Is this a fix amount?
 5. How long will it take to register a LC?
 6. How much tax exemption does a Labuan Company get?
 7. Is it possible to make Labuan Company Bank Account in Labuan?
 8. Can Malaysian company register in Labuan?
 9. Is there any minimum capital requirements?
 10. Do I need to approach Labuan FSA to register?
 11. Is there a requirement to comply on certain industries?
 12. The revenue has to come from overseas project opportunities?


Answers :

How to Register / establish Labuan Company (LC)?

To register for incorporation, all you need to do is fill-up our "Application for Incorporation Form" which can be downloaded here. Then fax the completed form to us at +6 087- 453 616.


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What are the requirements / conditions to register?

In general, the requirements are:

  • one director (can be a company)
  • one shareholder (can be a trustee)

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How much are the fees / costs?

The minimum incorporation fees are USD2, 610

  • Charges from Labuan FSA are USD850
  • Charges from us are USD1, 760

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How much are the annual fees? Is this a fix amount?

The minimum annual fees are USD1,690. This is not a fix amount, it's depending on which services you required from us.


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How long will it take to register a LC?

2 - 3 working days


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How much tax exemption does a Labuan Company get?

  • For trading activities - the LC may elect to pay tax at either 3% of net profits or a flat of MYR20, 000 (regardless of the profits)
  • For non-trading activities - 0%

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Is it possible to make Labuan Company Bank Account in Labuan?

Yes, it possible but you has to open LC first.


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Can Malaysian company register in Labuan?

If the proposed company is Sdn Bhd, then it is not allowed to register under Labuan Companies Act. If the company is existing Sdn Bhd wishes to incorporate Labuan Company, then it is possible.


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Is there any minimum capital requirements?

  • Limited by guarantee - no shares, only member's contribution
  • Limited by share - min USD1.00

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Do I need to approach Labuan FSA to register?

There is no need to approach Labuan FSA. EC Trust will assist in incorporating the LC which provides services such as secretarial, legal, trustee and accounting.


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Is there a requirement to comply on certain industries?

You have to pass our Due Diligence


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The revenue has to come from overseas project opportunities?

In general for LC to enjoy the attractive tax benefits, the invoice must come from international activities.


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