Labuan Company – Incorporation and Registration Procedures

 

  1. First of all, the applicant must be aware of:
    • Legislative framework of Labuan International Business and Financial Centre (IBFC)
    • duties and powers of a Labuan company and its members under the Labuan Companies Act 1990 (LCA)
  2. The applicant must appoint a licensed Labuan Trust company (Indah Trust Limited is a licensed Trust company in Labuan), to conduct and perform due diligence on the applicant.
  3. Company name reservations are subjected to the following conditions:
    • While the applicant is allowed to choose any name but will be subjected to Labuan Financial Services Authority (FSA)’s approval.
    • The company name shall contain any word or abbreviation in the national language of any country with an accurate and certified rendition of the name in the English language provided.
    • For company name reservation, the application fee is RM50.
    • Duration for the approval process by the Registrar is 24 hours. Once approved, the company name will be reserved for a period of three months.
  4. Documents and payments required for registering a Labuan company are:
    • Memorandum and Articles of Association of proposed company
    • statutory declaration of compliance by the trust company
    • consent to act as a director(s) and their respective completed forms
    • relevant fees

For business activities that require licensing, the applicant should get approval to conduct such activities before starting to register a Labuan company.