The growth of Labuan IBFC is fuelled by its effective regulatory and supervisory regime, which ensures the stability of the jurisdiction’s financial system. The continual review of Labuan IBFC’s laws and regular revision of its guidelines ensure that the industry remains competitive and relevant at all times.
Labuan IBFC’s comprehensive legal framework, which was updated in 2010, provides for a wide range of legal entities such as companies limited by shares or by guarantee, foundations, special purpose trusts, protected cell companies, captives, limited liability partnerships and private trust companies.