February 2018

INSIGHT

PLUS

Direct from Asia Pacific's Leading
Midshore Business and Financial Centre.

Direct from Asia Pacific's Leading Midshore Business and Financial Centre.

FEATURED
The Labuan IBFC transformation plan is expected to turn Labuan into a well-integrated regional economic hub to better serve the business, investment and intermediation needs of the region

The Labuan Development Blueprint 2030 launched by the Prime Minister of Malaysia, Datuk Seri Najib Tun Razak recently, will create the pathway to the growth and development...

HIGHLIGHTS

Malaysia is committed to meet the internationally-agreed tax standards by signing the Organisation for Economic and Cooperation Development (OECD)-led initiative, the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI).


On 11 January 2018, the Malaysian Inland Revenue Board (IRB) published an updated and amended MAP Guidelines dated 19 December 2017. The updated version replaces the previous version issued by the IRB dated 5 December 2014.


Datin Shelina Razaly Wahi of Abdullah Chan & Co commented that the Revised Guidelines present an opportunity to the aviation leasing industry in Malaysia and the necessary changes will demonstrate sufficient substance in the jurisdiction.


The Labuan IBFC Transformational Plan is designed to turn Labuan into a well-integrated regional economic hub to better serve the business, investment and intermediation needs of the region, including the East Malaysian and Asian markets.


Trade publication, Captive Review, has named Farah Jaafar-Crossby as one of the eight professionals as ‘Ones to Watch’ in 2018.

CEO'S MESSAGE

It’s been a great start to the year, and I hope the momentum carries through the year!

The highlight has to be launching of Labuan’s transformation plan by the Prime Minister and Malaysia inking the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting. Indeed, our commitment to international standards of transparency and substance can no longer be in doubt.

Speaking of substance, do join us on 22 March at our Asset Leasing Symposium 2018 themed “Meeting the Needs of Transparency and Substance”. This event is specifically hosted to discuss developments in global asset leasing regulations and changes that lie ahead, including the recently revised Labuan IBFC’s asset leasing guidelines. More information is available on our website.

Last but not least, here’s hoping the Lunar Year of Dog, brings us all much happiness, prosperity and health.

“Xin Nian Kuai Le”!


Farah Jaafar-Crossby
Chief Executive Officer, Labuan IBFC Inc


EVENTS

READING LIST

The proliferation of new regulations worldwide, combined with deliberate data leaks to the media, has placed ever greater pressure on the global wealth advisory industry. In this new age of transparency, how can wealth advisers reconcile client needs with regulatory and moral obligations?


The proliferation of new regulations worldwide, combined with deliberate data leaks to the media, has placed ever greater pressure on the global wealth advisory industry. In this new age of transparency, how can wealth advisers reconcile client needs with regulatory and moral obligations?


The proliferation of new regulations worldwide, combined with deliberate data leaks to the media, has placed ever greater pressure on the global wealth advisory industry. In this new age of transparency, how can wealth advisers reconcile client needs with regulatory and moral obligations?


The proliferation of new regulations worldwide, combined with deliberate data leaks to the media, has placed ever greater pressure on the global wealth advisory industry. In this new age of transparency, how can wealth advisers reconcile client needs with regulatory and moral obligations?


The proliferation of new regulations worldwide, combined with deliberate data leaks to the media, has placed ever greater pressure on the global wealth advisory industry. In this new age of transparency, how can wealth advisers reconcile client needs with regulatory and moral obligations?


Stay ahead of the game
Access a wealth of information from Labuan IBFC from reports on forward-thinking research to insightful articles.
Get in touch
Interested to setup your business in Labuan? Speak to our dedicated advisors to find out more.
Stay ahead of the game
Access a wealth of information from Labuan IBFC from reports on forward-thinking research to insightful articles.
Get in touch
Interested to setup your business in Labuan? Speak to our dedicated advisors to find out more.
Stay ahead of the game
Access a wealth of information from Labuan IBFC from reports on forward-thinking research to insightful articles.
Get in touch
Interested to setup your business in Labuan? Speak to our dedicated advisors to find out more.
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