A small island, Labuan is strategically located in East Malaysia near Asia’s main financial and business hubs including Hong Kong and Singapore. While there are a number of reasons why Labuan is a preferred choice for many companies, here are the main reasons why it makes the perfect place for growth-oriented companies to set up in:
Progressive tax policies; Labuan forms part of Malaysia and so benefits from many Double Taxation Agreements (DTAs) Malaysia has signed with over 70 countries around the world. In addition, the jurisdiction offers a separate tax legislation under the Labuan IBFC, further lowering the tax burden
for certain entities.