Read the white paper here.
Labuan International Business and Financial Centre and China Construction Bank (CCB) Labuan, signed an MoU to promote the benefits of Labuan IBFC to China and China-related companies.
Labuan IBFC’s position as a market leader in captive insurance is reinforced by the findings of a white paper titled "Driving Captive Transformation in Asia", which showed the jurisdiction having led by fifty percent in captive formations in Asia last year.
The Labuan International Business Centre (Labuan IBFC) says it will retain its strategy of bridging Asian economies by leveraging on Labuan’s optimal geo-position.
The Labuan Financial Services Authority (Labuan FSA) says it has taken steps to liberalise relevant regulations, such as those relating to marketing offices and work permits, to meet the requirements under the new Labuan tax framework.
Farah Jaafar-Crossby
Chief Executive Officer, Labuan IBFC Inc