Articles
Few Often FAQs about Labuan Companies
by Simply Offshore Labuan Offshore Company
The Malaysian government has made easier and convenient for foreigners to realize their dream business projects in Labuan which further has given tremendous opportunities to explore by foreign business investors into the rapid development business sector of Labuan. Besides being a lucrative sight for establishing Labuan companies, the Labuan jurisdiction has also given freedom to the investors of the Labuan companies to have 100% ownership and minimum corporate tax is levied. Overall the Labuan is one of the best and promising destinations for any potential foreign business to consider it as the favourable location to set Labuan companies. Here in this article, we have framed few very important frequently asked questions about the formation of offshore companies in Labuan by the foreign investors, reading those will give you an idea about a few of the doubts that you want to clear before proceeding with the formation of the company in Labuan.
How Many Directors and Shareholders Required to Setup a Labuan Company ?
All you need to have one director and one shareholder who can be either the same person or
a different person. There is no requirement for directors and shareholders to be different from a
corporate world, in fact, they can be from the corporate sector and can work as a director or
shareholder.
Is There a Requirement to Have a Physical Address in Labuan ?
It's important to have a physical proofing address for the Labuan company and the address should
be a valid one as the common reporting system and BEPS introduced by the OECD has to figure
out those businesses which come under tax avoidance scheme.
How Much Time it Takes for a Labuan Company Incorporation ?
After submitting complete documents by you it will take five to seven days which further divided
into three stages. In the first stage the business name gets reserved which takes one day, in the
second stage, the company certificate takes about one to two days for which you have submitted
documents for the incorporation. In the third stage after incorporation is done, the post approval
documents are submitted which again gets verified and approved and takes about three to five days
for the process to get completed.
For more information visit us at http://www.simplyoffshore.com/labuan-company-formation/
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About Simply Offshore 
Labuan Offshore Company
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Created on May 2nd 2018 04:36. Viewed 421 times.
