The has become one of the preferred jurisdictions in Asia for offshore company formation labuan the Malaysian government made it into an international offshore financial centre in 1989.

Incorporation is very quick and easy with minimal startup requirements and fees. The legislature which governs offshore company formation in Labuan allows for a number of practical benefits of the jurisdiction, such as its cost-effective and convenient incorporation laws, favourable taxation, and high level of confidentiality.

It is also a highly reputable jurisdiction which is fully compliant with international standards. Its location is ideal for giving business owners access to both Middle...

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APRIL 26 — Succession planning and wealth preservation can be a thorny issue. One may want to achieve a delicate balance between fair distribution of wealth and maintaining harmony among family members, whilst exerting control over how the assets are managed. To achieve these objectives, why not consider using a Labuan Private Foundation? What are the key differences between a Labuan foundation and a trust arrangement? A Labuan foundation is the only private foundation vehicle available in Asia for purposes labuan succession planning and is accorded protection under the Labuan Foundations Act 2010.

A Labuan foundation is a separate legal...

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