Labuan
| General Information | |
| Company Law | Offshore Companies Act, 1990 (amended in 2000) |
| Type of Company | International |
| Language of Legislation and Corporate Documents | English |
| Taxation of Foreign Profits | Nil |
| Exchange Controls | None |
| Length of Time to Incorporate | 2 working days |
| Shelf Companies Available | No |
| Corporate Names | |
| Name Restrictions | "Berhad" or the abbreviation "Bhd", should have "(L)" added as part of its name. |
| Endings and Abbreviations Required | Corporation, Incorporated, Limited, Public, Limited Company, Societe Anonyme or Sociedad Anonima, Aktiengesellschaft, Naamloze Vennootschap, or Perseroan Terbatas, or its abbreviations |
| Length of Time to Verify Name Availability | One day |
| Reservation of Names Permitted | Yes |
| Language of Name | Any with romanized characters |
| Name of Banks, Insurance, Investment Fund, Trust Company or their equivalents requiring consent or license | Yes |
| Capital and Shareholders | |
| Minimum Number of Shareholders | One |
| Local Shareholders Required | No |
| Corporate Shareholders Permitted | Yes |
| Disclosure of Shareholders | No |
| Minimum Authorised Capital Required | No Minimum |
| Bearer Shares Permitted | No |
| Registered Shares Permitted | Yes |
| No Par Value Shares Permitted | Yes |
| Directors and Officers | |
| Minimum Number of Directors | One |
| Qualifications of Directors | Legal age |
| Officers Required | Resident Secretary |
| Corporate Directors/Officers Permitted | Yes |
| Local Directors/Officers Permitted | Yes |
| Appointment of Subsequent Directors/Officers | By Directors' Resolution |
| Meetings | |
| Annual General Meeting of Shareholders Required | Yes |
| Annual General Meeting of Directors Required | Si |
| Location of Directors and Shareholders Meetings | Anywhere |
| Adoption by Consent Permitted | Yes |
| Quorum required for purposes of meetings | Articles of Association |
| Local Requirements | |
| Qualified Registered Office/Agent | Yes/Yes |
| Government Register of Shareholders | No |
| Government Register of Directors/Officers | Yes |
| Government Register of Charges | Yes |
| Register of Directors/Officers to be kept at Registered Office | Yes |
| Company Seal Required | Yes |
| Copy of Minutes to be kept at Registered Office | Yes |
| Copy of Share Register to be kept at Registered Office | Yes |
| Annual Requirements | |
| Minimum Annual License Fee or Franchise Tax | RM$2,600 |
| Annual License Fee or Franchise Tax Due Date | Anniversary |
| Applicable Surcharges | 50% |
| Requirement to File Annual Returns | Yes |
| Requirement to Submit Annual Audited Accounts | Variable |
| Other Relevant Information | |
| Member of Apostille of the Hague Convention | No |
| Increase or Reduction of Capital | Directors' Resolution |
| Redomiciliation Prohibited | No |
| Reinstatement at Registry | Yes |
| Removal from Registry | Compulsory or voluntary winding up and dissolution; and striking-off for non-payment of government annual fee |