• Continued growth across the board in 2018, entrenching Labuan IBFC’s role as Asia’s preferred midshore business and financial centre.
    Continued growth across the board in 2018, entrenching Labuan IBFC’s role as Asia’s preferred midshore business and financial centre.
    • 12.5% growth in company incorporation
    • 11.5% growth in trust and corporate service providers
    • 19.1% growth in insurance premiums; 64.7% of which was foreign business
    Find out more in Labuan IBFC’s inaugural market report.
  • LIBFC Captive Event 2019
  • Asia Captive Review Awards 2018
Latest HighlightS
The New Age of Transparency: The Death of International Financial Centres?
24 May 2019
Transparency is THE word used these days, especially since access to information, facilitated by technology, has never been easier. Afterall one needs to be able to access information in order to “see” thereby creating a transparent situation. In the world of tax, first the authorities have to agree to a set protocol on information sharing, and when facilitated by technology, transparency is then easily established.
NOTIFICATION: Business Restriction on Labuan Licensed Entities
16 April 2019
Labuan Financial Services Authority (Labuan FSA) has imposed business restriction on the following Labuan Licensed Entities pursuant to section 193 of the Labuan Financial Services and Securities Act 2010 for non-compliance to minimum capital and/or other regulatory requirements.
Fundamentals of Islamic Estate Planning
19 March 2019
Is it possible for a Muslim to make a will or must he or she rely completely on the mechanics of Faraid (the Islamic law of inheritance) upon his or her death?
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