Labuan Forex 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.
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.
The Republic of Vanuatu is an ideal location for promoters of Forex businesses. Vanuatu offers a Money Broking License which covers all related forex activity, including both acting as an introducing broker and direct broker. The licensure is recognized world-wide and many top forex brokers are licensed in Vanuatu. In addition, the process of obtaining a license is both cost effective and can be accomplished quickly.

Advantages of a Labuan Forex License

Aggregate daily trading volume in the forex markets exceeds $4 trillion. The streamlined and cost-effective process in obtaining a Labuan Forex license can place you in this lucrative market in as little as three months. With increased volatility in the global currency markets, spreads have increased – and with that so have forex brokers’ profitable to the tune of over $1 billion annually. As such, smaller forex brokers are capturing tremendous returns owning just a small piece of this lucrative market.

Labuan Forex License at a Glance

License Money Broking License
Time to License 3 to 4 Months
Capital Requirement Approx. $120,000
Tax Structure 3% tax on profits or MYR20,000
Lorem Ipsum Lorem Ipsum
Lorem Ipsum Lorem Ipsum
Lorem Ipsum Lorem Ipsum
Lorem Ipsum Lorem Ipsum

Resources

Description QR code Download
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type.
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type.
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type.

Labuan Forex License Package

  • Incorporation of Vanuatu 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 Money Broking License
  • Representation before licensing regulatory authority, banks and liquidity providers

Contact the Labuan Forex License Experts

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

Please also join our telegram channel to keep updated with latest firm news and offers.

Cyprus Forex License

LEARN MORE

Other Expertise