BBS is a renowned company for providing a one-stop solution for corporate services in Labuan. We have helped thousands of clients around the world to expand their business securely and efficiently throughout Asia
Heres why Labuan is a great choice for you
- A 3 tax on net audited profits is imposed for each year of assessment.
- There are no withholding taxes on payments to non-residents
- 0 sales taxes, GST, VAT, or import taxes.
- 100 foreign ownership
- No foreign exchange control
- Over 70 tax treaty participants DOUBLE Tax Agreement
- 100 foreign ownership with no additional tax
Labuan is far less expensive compared to other popular financial hubs in Asia. The island is strategically located between China and India, as well as several of ASEANs regional economies, allowing it to benefit from both maritime and offshore trade. If you are a foreign company owner intending to operate in ASEAN and are seeking a low-tax jurisdiction with accessibility to competent personnel resources, affordable manufacturing costs, and a stable political climate, Labuan would be the perfect place for you.
Get in touch with us today and let us help your business grow
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