Terminate or Dissolve a Labuan company

Terminating or Dissolving a Labuan Company   In general, there are two ways for a Labuan company to be terminated or dissolved. 1. Voluntary Initiated Wind Up Process A Labuan company can initiate a wind up process by applying to the Labuan FSA under...

Disadvantages of a Labuan Offshore Company

Disadvantages of a Labuan offshore company Difficult for Valuation, Appraisal, and Financing   While it is one of the main advantages of a Labuan offshore company is the confidentiality, privacy, and anonymity that is offered as a form of protection to the company and...

Labuan IBFC Inc announces new CEO

On 27th December 2017, Labuan International Business and Financial Centre Inc Sdn Bhd (Labuan IBFC Inc), which is the promotion and marketing arm for the Labuan International Business and Financial Centre Malaysia (Labuan IBFC), has appointed Farah Jaafar-Crossby as...

Labuan as a hub for Wealth Management

Labuan as a hub for Wealth Management For individuals who are looking for a variety of wealth management products or solutions, Labuan is a good place to start. Governed by the Labuan International Business and Financial Centre (IBFC), one can opt for the various...

Private Foundation vs Public Charity

Private Foundation vs Public Charity   Private foundation Private foundations are non-governmental and nonprofit organizations, whereby it delegates the management of its principal fund to its own trustees or directors. The aim of private foundations is usually to aid...