Labuan is an island located in the Asia-Pacific region, off the northwest coast of Borneo, north of Brunei Bay and faces the South China Sea. It is a Federal Territory of Malaysia, which is a democracy based on the parliamentary system of government. The Labuan Offshore Financial Services Authority acts as the regulatory authority to implement policies that facilitate the creation of a competitive and friendly business environment in Labuan.

Labuan is best known as an international offshore financial centre offering a wide range of sophisticated offshore financial products and services to customers such as banking and investment banking, insurance, captives, trust business, fund management, investment holding, company management and Islamic financing.

Labuan also offers lots of advantages to investors like easily accessibility, reliable telecommunications infrastructure, stable political environment, low operation cost and favorable time zone allowing for overlap with other major Asian cities.
 

Legislation (Source: Labuan Offshore Financial Services Authority)

• Labuan Offshore Financial Services Authority Act 1996

• Labuan Offshore Business Activity Tax Act 1990

• Offshore Companies Act 1990

• Offshore Banking Act 1990

• Offshore Insurance Act 1990

• Labuan Trust Companies Act 1990

• Labuan Offshore Trusts Act 1996

• Labuan Offshore Limited Partnerships Act 1997

• Labuan Offshore Securities Industry Act 1998

• Anti-Money Laundering Act 2001

Local Newspaper

• The Star

• The Edge

Other Useful Information