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Tel:+86 400 118 5939Labuan Island in Malaysia mainly develops offshore activities such as offshore banking and insurance, trusts and funds, offshore investment holding, and other offshore activities of multinational corporations. With the implementation of CRS, the traditional offshore business advantages of island countries have weakened, and the advantages of business compliance and operational flexibility between offshore and onshore business types in Malaysia's Labuan Island have become prominent.
The advantages and benefits of registering a company in Labuan Island:
1. Huge market potential: The bridgehead between the the Belt and Road and Southeast Asia is a springboard for expanding ASEAN. Meanwhile, Malacca's special geographical advantage, the local sea, land and air transportation hub, extends its commercial advantages to Southeast Asia and even the world.
2. Business convenience: Competitive operating costs and developed financial services in the local area, signing free trade agreements with 120 countries and double taxation agreements with 77 countries, without foreign exchange controls.
3. Tax exemption: No import tax, tax, or capital gains tax, foreign directors are exempt from personal income tax; Zero tax rate for non trading companies; Trade activity companies pay 3% of net profit (or a fixed tax rate of 20000 Malaysian Ringgit)
4. Information confidentiality: All company information is not subject to company access
5. Flexible operation: The company has the freedom to name itself and receive foreign exchange funds in international trade. Labuan companies can establish marketing offices in Kuala Lumpur or Iskandar Special Zone.
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Email: info@hyintern.com
Hotline: +86 400 118 5939
