Labuan Investment Banking License

Labuan is a federal territory of Malaysia, located of the coast of the Asian nation. The island’s capital, Victoria, has long been recognized as an offshore financial center offering international financial services. Located in Victoria, the Labuan International Business and Financial Centre was created specifically to be an offshore business hub offering attractive tax rates and an array of cost-effective financial service licenses. Among the territory’s offerings including the popular Labuan Banking License.

Companies operating out of Labuan are lightly regulated and taxed. Profits are taxed at a rate of three (3%) percent or at a flat rate of MYR 20,0000 (approximately $4,500). The island nation is also renowned for its asset protection framework, with a restriction against the domestication of foreign judgments. As a well-respected international financial center, sophisticated financial service professionals are drawn to Labuan in order to establish financial services firms.

Labuan is an ideal location for the formation of an offshore bank. The territory offers the Labuan Banking License which covers all related banking activities, including accepting deposits and issuing debit cards. The license is recognized world-wide and is both cost effective and can be accomplished quickly.

Advantages of a Labuan Investment
Banking License

In recent years, increasingly complex regulation and an erosion of financial privacy rights in major financial centers such as the United States and European Union have continued to drive the offshore banking industry. Billions of dollars are kept on deposit in offshore banks, even as certain jurisdiction have increased their focus on Anti-Money Laundering controls – which has only enhanced the legitimacy of offshore banking. However, with this industry push towards great transparency has come a tremendous market opportunity to start an offshore bank as the majority of banks have stopped accepting international and/or traditional high-risk banking clients.

Vanuatu Banking License at a Glance

 License Investment Banking License
 Time to License 3 to 4 Months
 Paid-In Capital Requirement Varies.
 Tax Structure Zero (0%) Percent Tax on Offshore Profits

The Labuan Banking
License Package

  • Incorporation of Labuan or comparable offshore corporation
  • Arrange for local registered officer and local directors, if required
  • Draft corporate bylaws, minutes and owner share issuances
  • Establishment of corporate bank account suitable for forex operations
  • Establishment of merchant service account for accepting credit and debit cards
  • Draft requisite business plan, financial statements and financial projections
  • Draft requisite Anti-Money Laundering & Know-Your-Customer policies
  • Arrange for requisite surety bond
  • Prepare and process application for Labuan Banking License
  • Representation before licensing regulatory authority, banks and liquidity providers

Contact the Labuan Banking License Experts

Trust our over fifty year’s combined experience in creating innovative solutions for our clients. Contact the securities
licensing experts at FinLaw to begin the process of obtaining your Labuan Investment Banking License today.
Our knowledgeable and skilled professionals are pleased to answer any of your questions.

Call (213) 262-9112 for your free consultation or contact us here.