Why you choose Labuan?
Reasons for setting up in Labuan:
1.To connect your business within ASEAN Economic Community (AEC)
2.Tax:
- Low tax of 3% or pay tax of MYR20,000 p.a.
- No tax for investment holding company
3.Flexibility to prepare annual financial statements and audit
4.Only few business nature require trade license
5.Flexibility to operate with foreign currencies, e.g. USD/EUR/GBP/HKD…..
6.No personal tax for non-local directors
