Company registration in Labuan where and how?

[blizz]

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

 

[GCE]

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

 

[blizz]

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

 

[bountymounty]

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]

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 thu&¤# I will get in touch with you‌ shortly.

 

[negon]

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]

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

 

[negon]

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]

That's a lot‌ of money eek¤%& any alternatives for us?

 

[JohnSeed]

You proceeded with any of them?

 

[adoffshore]

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

 

[adoffshore]

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

 

[GCE]

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

 

[adoffshore]

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

 

[clemens]

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