Can a foreigner become a director of a Labuan Company?
Yes, a foreigner can become a director of Labuan Company so long the person satisfies…
Can Labuan Company carry on a business with a resident?
A Labuan Company may carry on a business with a resident subject to Labuan LFSA…
Can Labuan Company carry on Ringgit Malaysia?
No Labuan Company shall not carry on business in Ringgit except:- For defraying its administrative…
What is the minimum paid-up capital for a company?
The minimum paid-up capital is USD1 or its equivalent to any other currency.
Can foreigner allowed to have work permits in Labuan?
A foreigner can apply for work permit once he incorporated a Labuan Company.