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Labuan News - Business, Taxation & Offshore


Labuan Urged To Adapt To BEPS By Removing Harmful Tax Offerings

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, November 8, 2017

Muhammad bin Ibrahim, the Governor of the Central Bank of Malaysia, has stressed the need for Labuan to review its international tax framework in light of the OECD's work on Action 5 of the base erosion and profit shifting project, on harmful tax practices.Read Full Story


Labuan IBFC Targets Indonesian Businesses

by Mary Swire, Tax-News.com, Hong Kong

Thursday, August 6, 2015

The Labuan International Business and Financial Centre is attempting to encourage more Indonesian companies to register in the jurisdiction to take advantage of its low-tax regime and trading and investment links with key economies in the Asia-Pacific region.Read Full Story


Labuan IBFC Reports Strong 2014 Performance

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, June 3, 2015

Company registrations in the low-tax jurisdiction of Labuan grew last year, with the special economic zone located off the north coast of Malaysia continuing to benefit from economic growth in the Asia-Pacific region.Read Full Story


Labuan Passes 10,000th Company Milestone

by Mary Swire, LawAndTax-News.com, Hong Kong

Monday, October 7, 2013

The Labuan Financial Services Authority has announced that the Labuan International Business and Financial Centre achieved a major milestone by surpassing the 10,000 companies mark during the third quarter of this year.Read Full Story


Labuan Reinforces Commitment To International Tax Standards

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, September 25, 2013

In a recent meeting with the Organization for Economic Cooperation and Development Center for Tax Policy, the Labuan International Business and Financial Center confirmed that it remains committed to upholding its legal framework in line with internationally-agreed tax standards and best practices.Read Full Story


Labuan Issues Guidelines For International Commodity Trading Companies

Mary Swire, Tax-News.com, Hong Kong

Tuesday, January 22, 2013

The Labuan Financial Services Authority has issued guidelines applicable to all Labuan international trading companies licensed to conduct international commodity trading business in the Labuan International Business and Financial Center under the Global Incentives For Trading program.Read Full Story


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