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Doing Business in Labuan

Update Date:2016-2-18 9:11:45 Source:Tannet (Malaysia) Sdn Bhd Views:626

Malaysia Hotline: +603- 2141 8908



 

Why Need A Labuan Company?

1. Maximum Tax : RM 20K ( USD 7,000 )

Save tax. You will not be audited too

 

2. Easier To Get Work Permit and Visa

Help foreigners stay in Malaysia. Easy to get Dependent Visa too

Not for high risk countries + Must have legitimate business

 

How To Achieve That?

1. You setup a Labuan Company ( 5 business days )

 

2. You open a Bank Account ( 4 weeks )

You will do business and save tax

 

3. You apply for a Work Permit & Dependent Visa ( 8 weeks )

You will stay in Malaysia, optional

 

4. Also, it depends on who your Labuan Company does business with.

 

Do You Know You Pay Tax Twice?

1. Corporate Tax - Your company pays corporate tax

2. Personal Income Tax - You pay income tax from salary derived from your company

 

Benefits

1. 100% Ownership and Control

Foreigners will totally own the Malaysian business

 

2. Minimum Requirement

1 same director + 1 same shareholder

 

3. Business Nature : Non Trading

Your Labuan Company will pay zero corporate tax

 

4. Director Fee

Foreigners will declare income as director fee / dividend and pay zero income tax

 

5. Labuan Legislation

The law is stable and will remain unchanged for many years

 

6. Double Taxation Agreements, DTAs

You are protected in avoidance of double taxation

 

7. Stay in Malaysia + Do Business

Cheaper method for foreigners to stay in Malaysia.

 

Contact us

If you have further queries, please contact Tannet

24 hours Malaysia hotline:603-21418908;

24 hours Hong Kong hotline:852-27837818;

24 hours Hong Kong hotline:86-755- 36990589;

Email: mytannet@gmail.com

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