Location
One of the outside islands of Malaysia.
Economy
A federal territory in East Malaysia.
Famous tourism area in South Asia.
Language
Malay and English
Legal System
Common Law
Labuan Company | |
Type | Limited Company |
---|---|
Name | End with “Ltd.”, “Corp.”, “Inc.”, “Bhd”, “S.A.”, “N.V.”, “B.V.”, “GmbH” or “A.G.”. |
Capital | No requirement. |
Share | Prohibited to issue no value or bearer shares. |
Share Index | Yes |
Registered Agent | Yes |
Registered Address | Yes |
Public Disclosure | No |
Min. Shareholder | At least one |
Min. Director | At least one |
Disclosure of Shareholder | No |
Disclosure of Director | No |
Trading restriction | No |
Taxation | Income tax rate 3% or a Fixed taxation paid of MYR 20, 000 every year. |
Financial Statement | Yes |
Tax Returns | Yes |
Account Filing | Yes |
Audit Report | Yes |
Accounting | Yes |
Incorporation Cost | USD 3,000 |
Annual Fee | USD 2,900 |
Tax Rate: %
*Footnote
Domestic Withholding Tax Rates for Labuan
Dividends: 0
Interest: 15
Royalties: 10 *
Treaty Partner | Ownership | Dividends * | Interest | Royalties |
Albania | - | 0 | 10 | 10 |
---|---|---|---|---|
Australia | - | 0 | 15 | 10 * |
Austria | - | 0 | 15 | 10 * |
Bahrain | - | 0 | 5 | 8/10 * |
Bangladesh | - | 0 | 15 | 0/10 * |
Belgium * | - | 0 * | 10/D * | D * |
Brunei | - | 0 * | 10 * | 10 * |
Canada | - | 0 | 15 | 0/10 * |
Chile | - | 0 | 15 | 10 |
China | - | 0 | 10 | 10 * |
Croatia | - | 0 | 10 | 10 |
Czech Republic | - | 0 | 12 | 0/10 * |
Denmark | - | 0 | D * | 10 |
Egypt | - | 0 | 15 | 10 * |
Fiji | - | 0 | 15 | 10 * |
Finland | - | 0 | 0/15 * | 0/10 * |
France | - | 0 | 15 | 0/10/D * |
Germany | - | 0 * | 10 * | 7 * |
Hungary | - | 0 | 15 | 10 * |
India * | - | 0 * | 10 * | 10 * |
Indonesia | - | 0 * | 10 * | 10 * |
Iran | - | 0 | 15 | 10 |
Ireland | - | 0 | 10 | 8 |
Italy | - | 0 | 0/15 * | 0/10 * |
Japan | - | 0 | 10 | 10 |
Jordan | - | 0 | 15 | 10 * |
Kazakhstan | - | 0 * | 10 | 10 |
Korea (R.O.K.) * | - | 0 * | 0/15 * | 0/10 * |
Kuwait | - | 0 | 10 | 10 * |
Kyrgyzstan | - | 0 | 10 | 10 |
Laos | - | 0 * | 10 * | 10 * |
Lebanon | - | 0 | 10 | 8 |
Luxembourg | - | 0 | 0/10 * | 8 |
Malta | - | 0 | 15 | 10 * |
Mauritius | - | 0 | 15 | 10 * |
Mongolia | - | 0 | 10 | 10 |
Morocco | - | 0 | 10 | 10 |
Myanmar | - | 0 | 10 | 10 |
Namibia | - | 0 | 10 | 5 |
Netherlands | - | 0 | 0/10 * | 0/8 * |
New Zealand | - | 0 | 15 | 0/10 * |
Norway | - | 0 | D * | 0/D * |
Pakistan | - | 0 | 15 | 0/10 * |
Papua New Guinea | - | 0 | 15 | 10 |
Philippines | - | 0 | 0/15 * | 0/10 * |
Poland | - | 0 | 0/15 * | 0/10/D * |
Qatar | - | 0 | 5 | 8 |
Romania | - | 0 | 0/15 * | 0/10 * |
Russia | - | 0 | 15 * | 10 * |
San Marino | - | 0 * | 10 * | 10 * |
Saudi Arabia | - | 0 | 5 | 8 |
Seychelles | - | 0 | 10 | 10 |
Singapore | - | 0 | 10 | 5/8 * |
South Africa | - | 0 | 10 | 5 |
Spain | - | 0 | 10 | 5/7 * |
Sri Lanka | - | 0 | 10 | 10 |
Sudan | - | 0 | 10 | 10 |
Sweden | - | 0 | 10 | 8 |
Switzerland | - | 0 | 10 | 0/10 * |
Syria | - | 0 | 10 | 10 * |
Taiwan | - | 0 | 10 | 7.5/10 * |
Thailand | - | 0 | 15 | 0/10 * |
Turkey | - | 0 | 15 | 10 |
Turkmenistan | - | 0 | 10 | 10 |
United Arab Emirates | - | 0 | 5 | 10 |
United Kingdom | - | 0 | 10 | 8 |
Uzbekistan | - | 0 | 10 | 10 |
Venezuela | - | 0 | 15 | 10 |
Vietnam | - | 0 | 10 | 10 |
Zimbabwe | - | 0 | 10 | 10 |
Note 1:Malaysia does not levy withholding tax on dividends.
Note 2: A 10% rate applies to royalties generally. The 10% rate also applies to payments for services rendered in Malaysia where the nonresident does not have a PE in Malaysia; if the nonresident has a PE, the rate is 10% + 3%.
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