company incorporations in Labuan

LABUAN COMPANIES

(Fees quoted will be subject to V.A.T. at the current rate)

 

REQUIREMENTS

  • It is a requirement that all Labuan companies has a registered office and a registered agent in Labuan.
  • The minimum number of directors is one and corporate director is allowed.
  • The minimum number of shareholders is one. Shares can be denominated in any currency.
  • Shares may not be in Bearer form.
  • A Resident Secretary must be appointed.
  • An Annual Return must be filed.
  • Statutory Records must be kept at the registered office of the company.
  • Accounts must be prepared and transactions have to be entered into the company’s book within 60 days of their occurrence.
Fee's
Incorporation (an authorised capital of RM 50,000)
 £1,500
Government Registration Fee £ 420
Maintenance fee (provision of Registered Office/Agents, Resident Secretary, maintaining of statutory records and Lodging annual returns) £ 750
Total first year costs £2,670

THEREAFTER ANNUAL FEES
Maintenance fee (provision of Registered Office/Agents, Resident Secretary, maintaining of statutory records and Lodging annual returns) £ 750
Government Licence Fee £ 420
NOMINEE SERVICE AVAILABLE
Nominee Director each at £250 per annum
Nominee Shareholder each at £125 per annum

MAINTENANCE SERVICES

Fees will be charged for any additional services performed at our normal rates. Such fees are usually based upon time spent with the complexity, urgency and responsibility involved and for work of an unusual or exacting nature. These fees are normally invoiced quarterly in arrears and invoices are payable upon receipt

 

PLEASE NOTE WE REQUIRE ALL CLIENTS TO SATISFACTORILY COMPLETE OUR DUE DILIGENCE REQUIREMENTS AND COMPLY WITH THE MONEY LAUNDERING REGULATIONS 2007.