Labuan International Business And Financial Centre

Labuan financial services authority labuan fsa the re. The labuan international business and financial centre labuan ibfc was created as malaysia s only offshore financial hub in october 1990 and was operating under the name of labuan international offshore financial centre iofc. We are continuously ramping up focus on corporate social responsibility approaches and nurture the community across fields of education environment and other social community projects.

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Labuan is a midshore jurisdiction.

Labuan international business and financial centre. Labuan international business and financial centre ibfc is a special economic zone of the malaysian government based on the island of labuan off the borneo coast. Since the 90s labuan has grown to become a home to nearly 7 000 offshore companies and financial institutions including the world s. Established in 1990 labuan ibfc is regulated by the labuan financial services authority labuan fsa statutory regulator under the purview of the ministry of finance malaysia.

Offshore holding firms wealth management private and public funds captive insurance and islamic finance. Labuan international business and financial centre labuan ibfc presents a comprehensive midshore solution striking the ideal balance between client confidentiality and compliance with international best standards. Labuan international business and financial center ibfc is an uncommon monetary zone of the malaysian government dependent on the island of labuan off the borneo coast it was set up in 1990 and has been promoted as having an exceptional situation to tap speculation openings in asia and past.

The jurisdiction provides a wide range of business and investment structures for cross border transactions international business dealings and wealth management demands. Over the last 25 years labuan ibfc has developed and strengthened its position as a leading business and financial centre in asia pacific striking the ideal balance between client confidentiality and compliance with international best standards and practices. Labuan international business and financial center.

Labuan international business and financial centre labuan ibfc presents a comprehensive midshore solution striking the ideal balance between client confidentiality and compliance with. Labuan international business and financial centre s ibfc focus is in five key areas. Labuan fsa also recognises the important role that the labuan ibfc plays in its contribution towards the island and its local community.

It possesses a robust regulatory framework and the flexibility and competitiveness of an international financial centre. It was established in 1990 and has been marketed as having a unique position to tap investment opportunities in asia and beyond. Labuan international business and financial centre labuan ibfc malaysia through our internationally recognised yet business friendly legal framework is the preferred international business and financial centre in asia.

This jurisdiction offers no tax or low tax corporate structures low operational costs and a range of other benefits to foreign firms that have set up here. The labuan financial services authority labuan fsa regulates its financial services industry.