Labuan Company Set Up Procedures |
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| Labuan company set up is straightforward thanks to Healy Consultants' transparent, logical engagement procedures. Companies incorporated in Labuan are exempt from any kind of taxation, are empowered to conduct all types of business and may have clients, contractors, suppliers and employees from any country. Labuan company set up usually takes the following format: | |||||||||||||||||
1. |
Our client settles our fees and signs Healy Consultants' engagement letter. |
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2. |
Healy Consultants provides our client with a detailed engagement plan, outlining a roadmap for the Labuan company set up project, thus minimising unwanted surprises and meeting client expectations. |
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3. |
Before the Labuan company set up, our client confirms the Labuan corporate structure, including shareholders and directors. Only then will Healy Consultants proceed with company incorporation. |
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4. |
Healy Consultants Compliance Team receives the required corporate and personal due diligence information from our client. |
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5. |
Prior to Labuan company set up, Healy Consultants Incorporation Team performs a company name search with Labuan Registrar of Companies and, if approved, we begin incorporation of your Labuan company. |
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6. |
Healy Consultants Incorporation Team emails the following corporate documents to our client for his signature and return to us: Consent to Act as director and shareholder and Memorandum and Articles of Association. |
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7. |
Healy Consultants Incorporation Team liaises with the Labuan Registrar of Companies to complete company incorporation. |
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8. |
Once the Certificate of Incorporation is recieved from the Labuan Registrar of Companies. Our team will immediately email it to our client. |
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9. |
To support the Labuan company set up, Healy Consultants Incorporation Team files documents (such as the proposed name of the company, share capital, division of capital and type of shares; Signed consent to act as director and shareholder; Memorandum of Association; Articles of Association; Statutory Declaration of Compliance; the address of the Labuan registered office) with the Labuan Registrar of Companies. |
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10. |
Healy Consultants Incorporation Team also applies for the Business Registration Certificate and pays Labuan business registration fees/ levies. |
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11. |
After the Labuan company set up, Healy Consultants Compliance Team prepares all post incorporation documents, including minutes of the first meeting, preparation of By Laws, assurance of initial Share Certificates |
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12. |
Healy Consultants legally completes Labuan company set up, with the correct corporate structure, see Labuan company registration procedures. |
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13. |
To support Labuan company set up, Healy Consultants completes corporate bank account opening for our client, which includes world-class multi-currency Internet banking facilities. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services. |
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14. |
If required, Healy Consultants provides our client with a local business address details in Labuan for invoicing purposes, together with telephone, fax and email support. |
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15. |
Healy Consultants assists our client to obtain corporate finance, trade finance and to open merchant accounts. |
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16. |
To support Labuan company set up, Healy Consultants assists our client with business website building, search engine advertising, as well as stationery and logo design. |
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17. |
To support Labuan company set up, Healy Consultants assists our client to locate business premises and recruit local staff in Labuan, if required. |
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18. |
Following completion of the engagement, Healy Consultants e-mails an Engagement Feedback Survey to our client. |
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| Contact Us | |||||||||||||||||
For more information on any of our Labuan company set up services, email email@healyconsultants.com or telephone us at (+65) 6735 0120. |
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Back to Labuan Company Formation page. |
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Buy Healy Consultants' Asia Business Set Up book, to order call +65 6735 0120 or e-mail email@healyconsultants.com
