Incorporation and Registration Procedures
The general process of incorporating a Labuan company involves the following:
  1. The applicant must be aware of the legislative framework of Labuan IBFC, and the powers and duties of a Labuan company and its members under the Labuan Companies Act 1990 (LCA). 
  2. The applicant must appoint a licensed Labuan trust company, which should conduct its own due diligence on the prospective client. 
  3. Reservation of a company name is subject to the following: 
    • The client may choose any name, but Labuan FSA has the discretion to reject the name if it is undesirable or involves a name that the Registrar is not willing to accept;
    • The name shall contain any word or abbreviation thereof in the national language of any country with an accurate and certified rendition of the name in the English language provided;
    • Application fee for reservation of name is RM50; and
    • Approval by the Registrar is within 24 hours, and the name will be reserved for a period of three months. 

  4. The application for incorporation of a company must be accompanied by the following documents and payments: 
    • Memorandum and Articles of Association of the proposed company;
    • Statutory declaration of compliance by the trust company;
    • Consent to act as a director(s);
    • Individual forms filled up by each director; and 
    • Relevant fees. 

For activities that require licensing, prior approval to conduct such business must be obtained before incorporation.

Approval process
Upon lodgement of complete documentation and payment of fees as well as clearance from the due diligence process conducted by Labuan FSA, a Labuan company can be approved for incorporation or registration within 24 hours.
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