Leasing is the business in which one company may obtain the use of certain fixed or movable assets for which it pays a series of contractual, tax deductible payments. It is the words “tax deductible” that we find added value in respect of the offshore version of such contracts. Labuan IBFC offers you significant benefits in this regard. For example, no stamp duty is imposed on leasing transactions; nor is there any withholding.. Read More