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Any company including a foreign company that wishes to incorporate in Labuan IBFC can only do so by appointing one of the licensed Trust Companies operating in the jurisdiction to act on its behalf. This is enshrined in the Labuan Companies Act 1990 and the Labuan Financial Services and Securities Act 2009. These Trust Companies provide ancillary services such as company secretarial, resident directorships, audit and accounting services and company administration. Apart from.. Read More
LABUAN International Business and Financial Centre (IBFC) continues to build its resilience to record strong performance for two consecutive decades. Director-general of Labuan Financial Services Authority, Datuk Azizan Abdul Rahman, said the IBFC has managed to attract 8,004 companies from more than 80 countries. It has registered a strong asset value of US$33.9 billion (RM103 billion) in its banking system as at end-December 2010. “Additionally, the gross premium written for the insurance business surpassed US$1.. Read More
Japan’s Nomura, a global investment bank, has set up a branch in Labuan, seeking to boost its presence in Malaysia and the region. The offshore branch, Nomura’s first in Asia, opened today and enables it to market risk-management solutions to Malaysian corporates, government-linked entities, banks and insurers, said Samir Bhandari, head of macro sales for Asia ex-Japan in the fixed income division. He said Nomura aims to become one of the world’s leading.. Read More
Labuan’s position as a reputable, international business and financial centre has resulted from its concerns with safety, security and certainty. In ensuring a conducive environment for your funds and assets, the Jurisdiction recognises that factors which make the island ideal for the management and growth of your wealth include attractive low tax implications and a highly flexible legislative framework in which to operate. Its proximity – in terms of geographical distance and time.. Read More
Wealth management and associated investment activities remain key areas of focus within the Labuan jurisdiction. The objectives of this discipline are to provide high net-worth individuals and families with tailored financial solutions across a wide range of specialities, including asset protection, estate planning, legal resources, taxation advice, investment management and tailored banking solutions with the goal of sustaining and growing long term wealth. Labuan works in concert with private banks and investment advisory.. Read More
L-AMAN TRUST SERVICES LIMITED Brumby House Jalan Bahasa, P. O. Box 80148 87000Labuan F.T. Malaysia Director AMANAH RAYA (LABUAN) LIMITED Lot 2(a), Level 4, Wisma Lazenda Jalan Kemajuan, P.O. Box 81479 87000Labuan F.T. Malaysia Website Company Secretery BANK ISLAM TRUST COMPANY (LABUAN) LTD Level 5(J), Main Office Tower Financial Park Labuan, Jalan Merdeka 87000Labuan F.T. Malaysia Website CEO CIMB TRUST LIMITED Level 14A, Main Office Tower Financial Park Complex, Jalan Merdeka 87000Labuan F.T… Read More
At Labuan, a progressive regulatory framework is in place to safeguard your capital while you concentrate on the activities that will grow your business. The range of opportunities afforded capital investors at Labuan IBFC are wide ranging and include the following: The opportunity to establish SPVs to source funding Listing on the Labuan International Financial Exchange (LFX) for marketability The ability to raise funds while enjoying the jurisdiction’s exclusive tax benefits For.. Read More
If you need capital for your business, you can do odd jobs and play casino games at http://slotsexpert.ca for the chance to win big. Labuan International Business and Financial Centre has grown to become the home in Asia Pacific for 60 banks, including 15 investment banks, 11 of which are conventional and 4 operate under Shariah principles up to the end of 2008. Banks licensed to operate in Labuan can conduct transactions with.. Read More
If you have not tried click2pay online casinos, you need to do so right now. You could win tons of cash that you can use to start your dream business. While the rest of the world turned in lacklustre numbers in 2008, Labuan IBFC managed a sterling performance with growth of 11.8% in total gross insurance premiums. This was the first time in the history of the IBFC that the premiums exceeded USD1.. Read More
Flexibility For Labuan Banks And Investment Banks To Co-Locate Outside Of Labuan. The Labuan Offshore Financial Services Authority (LOFSA) is pleased to announce that Labuan banks and Labuan investment banks have recently been accorded the added flexibility to establish their office or offices in other parts of Malaysia other than its office.