Credit Token Companies

Labuan IBFC offers credit token business where a token, being in the form of a cheque, card, voucher, stamp, booklet, coupon, or other document is given or issued to customers by the issuer. Labuan IBFC also offers credit token licence for companies which wish to tap into the digital space particularly relating to blockchain-based businesses. In respect of digital tokens, Labuan credit token companies can create blockchain ecosystem to facilitate the use of digital assets by users. This could be in relation to real estate investments or for the purchase of goods and services provided by participating merchants.
APPLICATION
An applicant should meet minimum eligibility criteria to apply for a licence.


FEES & CLIENT CHARTER
Annual fee needs to be paid upon the grant of licence. The subsequent payment of annual fee is payable not later than 15 January of each year.
LEGISLATION & GUIDELINES
Business activities conducted in, from or through Labuan IBFC are governed under the relevant laws, regulations and guidelines.
Also in this section
For enquiries or complaints:

List of Credit Token Companies
  1. CARDPAY ASIA INC
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