The New Labuan Acts

Among the new changes are:

  • Shipping Company (Operation) is allowed under the new Act. The operations maybe carried out in Labuan or outside Malaysia.
  • If you do not want to setup a Trust, why not consider Foundation in Labuan?
  • First in the world, Islamic Financial Services and Securities Bill.
  • the one that most professional firms looking for in Malaysia......Limited Liability Partnership

The New Labuan Acts have been gazette into laws and bring with them a series of new products and enhancements to the current legislative structure, designed to ensure Labuan International Business Financial Centre remains relevant and at the fore front of international financial developments in the region.

8 Acts that now govern Labuan IBFC:

  • Amendment to the Labuan Offshore Business Activity Act 1990
  • Amendment to the Labuan Offshore Financial Services Authority Act 1996
  • Amendment to the Labuan Offshore Trusts Act 1996
  • Amendment to the Offshore Companies Act 1990
  • Labuan Financial Services and Securities Bill 2009
  • Labuan Foundation Bill 2009
  • Labuan Islamic Financial Services and Securities Bill 2009
  • Labuan Limited Partnership and Limited Liability Partnership Bill 2009