Procurement
- Request for Tender / Proposal
- Request for Quotation
- Vendor Registration
- Quotation Result
- Tender Result
- AML & CFT Compliance
- Guidelines, Directives & Circulars
- Enforcement Actions on Labuan Licensed Entities for AML/CFT Related Non-Compliances
- Enquiries / Complaints
- Senior Management Directory
- Careers
Incorporation and Registration Procedures
- Areas of Business
- Labuan Structures
- Labuan Companies
The general process of incorporating a Labuan company involves the following:
- The applicant must be aware of the legislative framework of Labuan IBFC, and the powers and duties of a Labuan company and its members under the Labuan Companies Act 1990 (LCA).
- The applicant must appoint a licensed Labuan trust company, which should conduct its own due diligence on the prospective client.
- Reservation of a company name is subject to the following:
- The client may choose any name, but Labuan FSA has the discretion to reject the name if it is undesirable or involves a name that the Registrar is not willing to accept;
- The name shall contain any word or abbreviation thereof in the national language of any country with an accurate and certified rendition of the name in the English language provided;
- Application fee for reservation of name is RM50; and
- Approval by the Registrar is within 24 hours, and the name will be reserved for a period of three months.
- The application for incorporation of a company must be accompanied by the following documents and payments:
- Memorandum and Articles of Association of the proposed company;
- Statutory declaration of compliance by the trust company;
- Consent to act as a director(s);
- Individual forms filled up by each director; and
- Relevant fees.
For activities that require licensing, prior approval to conduct such business must be obtained before incorporation.
