Incorporate a Company in Labuan


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When deciding whether to incorporate a company in Labuan, there are many factors to consider. Employment laws, immigration and residency regulations are some of the important issues for investors planning to incorporate a company in Labuan. Healy Consultants provides efficient services for those setting up a company in Labuan as well as support services once Labuan business set up is complete. The following is an overview of the most important information regarding Labuan business set up and how they may affect the decision to incorporate a company in Labuan.

If an investor incorporates a company in Labuan with a paid up capital of more than US$2 million, the company can apply for five employment visas for foreign staff.

For investors planning to incorporate a company in Labuan and hire staff, the minimum age for an IT position is 21 years, and for management posts is 27 years.

If you incorporate a company in Labuan, the criteria for the employment of foreign labour by non-export orientated industries are:

Total sales of RM2 million (US$651,600) and above;

ii).

The Company's minimum paid-up capital is RM100,000 (US$32,600).

Citizens of Indonesia, Thailand, Cambodia, Nepal, Myanmar, Laos, Vietnam and The Philippines may be hired by a Labuann Company engaged in the manufacturing, service, plantation and construction sectors.

If you incorporate a company in Labuan active in the manufacturing, service and construction sectors, it is possible to hire citizens from Turkmenistan, Uzbekistan and Kazakhstan.

When planning to incorporate a company in Labuan, note that non-Labuann staff that reside in Labuan only require Entry Permits and are exempt from applying for any other type of Pass.

When planning to incorporate a company in Labuan, note that the Company must apply for Visit Passes should it wish to hire non-Malaysians for short-term projects.

With Healy Consultants, setting up a company in Labuan is straightforward. Our transparent, logical engagement procedures ensure that setting up a company in Labuan is efficient.

Healy Consultants provide services for those who have completed Labuan business set up. Our clients frequently request our support services after setting up a company in Labuan and these services include:

International corporate bank account opening together with world-class multi-currency Internet banking to support Labuan business set up.

ii).

Accounting and taxation services including i) corporate structuring ii) minimising withholding tax iii) tax returns and financial statements iv) payroll and investments to support Labuan business set up.

iii)

Healy Consultants Virtual Office services including i) providing office space in Labuan to clients ii) a business address in Labuan for invoicing purposes iii) phone, fax and email support and iv) global call centre support to support Labuan business set up.

iv)

Human resource support including i) Labuann employment and entrepreneur visas ii) staff recruitment in Labuan iii) payroll support and iv) local business address in Labuan for invoicing purposes, together with telephone, fax and email to support Labuan incorporation. For more information on the immigration and work permit regulations relating to Labuan business set up, kindly follow this link.

Healy Consultants Marketing services including i) business website building ii) search engine advertising iii) designing stationery and logos iv) market research v) media advertising to support Labuan business set up.

vi)

Healy Consultants assists our clients who are setting up a company in Labuan to obtain corporate finance, trade finance and establishing merchant accounts to support Labuan business set up.

viii)

Healy Consultants IT Support services including i) hardware purchasing and configuration ii) office network configuration iii) business website design and maintenance iv) server maintenance to support Labuan business set up.

ix)

Healy Consultants Labuan business set up consulting Services including i) merger and acquisition advisory ii) business due diligence iii) internal audit support iv) business process re-engineering to support Labuan business set up.

Asia real estate purchase including i) international mortgages ii) economy analysis iii) property valuation iv) locating tenants to support those setting up a company in Labuan.

For investors planning to incorporate a company in Labuan, please email email@healyconsultants.com or telephone us at (+65) 6735 0120.

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