Labuan enjoys a preferential tax regime applicable to Labuan entities carrying out a Labuan business activity under the Labuan Business Activity Tax Act (LBATA). Companies carrying out trading activities (including banking, insurance, licensing, trading, management, shipping operations) are taxed at 3% of their audited net profits for income sourced outside of Malaysia. Non-trading Labuan companies (including holding of investments in securities, stocks, shares, loans or other non-trading activities) are not subject to tax.
Our services include:
Corporate tax return filing
CRS registration and CRS returns
Like mothers, taxes are often misunderstood, but seldom forgotten