Company registration in Labuan

Name of service Bronze Silver Gold
Check and reserve of the company name Obtaining approval from the registrar for the company name
Company registration, including state fees Preparation of a full package of documents, depending on the chosen form of ownership, cooperation with the relevant authorities prior to obtaining information on company registration
Legal address for 1 year Provision of legal address for your company in a given jurisdiction, eliminating the need to purchase or rent real estate
Assistance in opening an account Collection, preparation and submission of the necessary documents for opening a corporate account
Total cost
2800 EUR 4200 EUR 6150 EUR
Accounting services
140 EUR 140 EUR 140 EUR
Annual renewal (paid from the second year)
On request On request On request

Deal of the month

If you will register a company until May 31,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

Labuan may appear as a favourable option for incorporating an offshore company. The jurisdiction is a Federal Territory of Malaysia. So, it combines all benefits of this state and introduces new ones, especially in financial sectors. Among such benefits are favourable tax conditions, well-developed infrastructure and the overall ease of establishing an offshore company.

Forms of Legal and Business Presence

If you want to enter Labuan, your business and legal presence may be established in one of these offshore forms:

  • Private Company Limited by Shares – a vehicle where the liability of shareholders is limited to the value of contributions made. In this case, shares cannot be transferred freely to the public. The demand for minimum statutory capital is absent.
  • Private Unlimited Company – as its title suggests, the shareholders bear the entire liability for the results of the company operation.
  • Public Company Limited by Shares – a vehicle where shares can be publicly-offered. This is a more advanced form of doing business that is designated for involving extra financing, entering stock markets. The amount of the statutory capital is determined here on a case-by-case basis.
  • Company Limited by Guarantee – this vehicle envisages the limited liability of its shareholders that is restricted to the amount of the contributions made and the certain extra amounts the shareholders are ready to cover. This vehicle is used mostly for conducting non-profitable activities.
  • Limited Partnership – it may be established by at least two founders: (i) one of them should bear the unlimited liability for the results of all partnership’s operations and (ii) at least one partner that bears the unlimited liability for the results of the partnership’s operation.
  • Limited Liability Partnership – a partnership may be established by at least two business partners whose liability is limited to the amounts of contributions made.
  • Branch – a foreign entity may establish its branch in Labuan to conduct certain types of commercial activities.
  • Representative Office – this formation is designated to explore commercial opportunities in Labuan and promote a foreign corporate entity.

Registration Requirements and Steps

Setting up a company in Labuan requires passing these preliminary steps:

  1. Defining commercial objectives to fulfil.
  2. Verifying a business name for a future vehicle.
  3. Collecting data about the founders, beneficiary owners and management of the commercial vehicle.
  4. Arranging the registered office for the future vehicle.
  5. Preparing the statutory documents for a vehicle.
  6. Lodging the package of documents to the Labuan Business and Financial Center for the state registration.
  7. Registering for tax and social security purposes.
  8. Opening a bank account for the newly-founded vehicle.
  9. Obtaining required permits and licences (necessary for certain types of commercial activities).

Legal and Regulatory Framework

Incorporating an entity in Labuan is more than simple and straightforward. The procedure may last around a couple of weeks only. The local environment is very favourable for abroad investments.

Principal legislative acts regulating establishing and operation of a local corporate entity are the Labuan Companies Act and the Labuan Business Activity Tax Act. The requirements of the Labuan Financial Services and Securities Act should be also foreseen in certain cases.

The principal state authorities in the case of starting and running a business in Labuan are the Labuan Financial Services Authority, the Central Bank of Malaysia, the Inland Revenue Board.

Advantages of the Jurisdiction

Establishing a company in Labuan may be promising in view of these basic advantages the jurisdiction has:

  • Offshore vehicles can conduct certain activities without any permits (e-commerce, trading, consultancy services, export and import operations)
  • Free-port regime
  • Plenty of incentives, including tax
  • Zero currency control
  • High level of confidentiality with minimum disclosure requirements
  • Good measures for the property protection

Tax System of Labuan

If you think about company formation in Labuan, the next tax highlights the jurisdiction may be helpful:

  • Corporate income tax (CIT) rate – 3 %
  • Personal income tax rate – progressive rates may vary depending on the income of the residents. But the tax is not applicable to non-residents.
  • VAT – 0 %
  • Withholding tax rates – not applicable
  • Capital gains tax rates – 0%

How Prifinance Specialists May Assist You

If you consider an option of setting up a company in Labuan, Prifinance specialists will consult more precisely about all potential benefits you may enjoy here. We are also ready to assist you with drafting all respective documents, conducting the formal registration procedure and supporting the operation of a future vehicle further. Reach us for more precise discussions and solutions for your concrete case.


Our clients

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10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again