Business Support / Corporate Secretarial Services
Corporate Secretarial Services
At BBS TRUST, we recognize the critical importance of meticulous corporate secretarial matters for companies incorporated in Labuan. As a requisite part of incorporation, Labuan companies must appoint a trusted Labuan Trust Company to handle secretarial affairs, along with establishing a registered office in Labuan.
Our Labuan office assumes the role of your company secretary, ensuring adherence to statutory requirements, maintenance of records and registers, and timely lodgment of corporate and financial documents. With a focus on upholding corporate governance standards in line with economic substance requirements, our professional and experienced team at BBS TRUST offers a comprehensive suite of corporate secretarial services.
Build Your Business Excellence With Us Today
Comprehensive Corporate Secretarial Service by BBS
- Establishing the initial organizational framework and maintaining statutory registers for the incorporation of the company, while offering guidance on banking arrangements.
- Undertaking the role of Resident Secretary and/or Designated Representative, ensuring compliance with regulatory requirements such as maintaining all the statutory registers.
- Offering professional consultation and services encompassing both routine and ad hoc secretarial duties, including the preparation of documents for annual general meetings and annual returns, managing changes in directors/secretaries, facilitating share transfers, and effecting amendments to the articles of association.
- Drafting board resolutions that adhere to the provisions outlined in the Companies Act, ensuring legal compliance and procedural accuracy.
Advantages of Partnering with Us
- Comprehensive Solutions:
Gain access to a full range of professional corporate secretarial services tailored to your specific needs. - Ongoing Compliance:
Count on us to manage ongoing compliance formalities accurately and promptly, streamlining administrative processes.
- Expert Support:
Benefit from the expertise of our knowledgeable and experienced team, assisting you in navigating complex regulatory environments and elevating company standards to global best practices. - Professional Alliances:
Tap into our extensive network of allied professionals and service providers, facilitating potential connections with investors and partners. Leverage our strong relationships with regulators and professional bodies for enhanced support.
Elevate Your Corporate Governance with BBS TRUST’s Expert Corporate Secretarial Services
At BBS TRUST, we prioritize delivering exceptional corporate secretarial services, allowing our clients to focus on core revenue-generating activities with confidence. Our seasoned professionals and advanced technology systems provide tailored solutions to meet your corporate governance needs, offering strategic advice to optimize functions, enhance controls, and ensure compliance. With our support, clients can strengthen organizational capabilities, streamline processes, and achieve business objectives effectively, while we handle operational responsibilities, ensuring sustained success.
Facilitating Seamless Corporate Secretarial Compliance, Empowering Focus on Core Business Initiatives
Why Choose BBS?
We understand the challenges encountered by entrepreneurs who are operating in a highly competitive and ever-changing environment. With more than 25 years of combined experience, we provide comprehensive business structure advisory and related services to assist entrepreneurs in navigating through challenges.
25 Years of Professional Experience
Over 300 License Applications
End-to-end Business Advisory Services
Partners with More Than 50 Jurisdictions
Our Global Footprint of Advisory
FAQ
One share in any denomination in foreign currency except Malaysia Ringgit
Approximately 7-14 business days upon complete collection of the required documents
The director and the shareholder must be at least one person and can be the same person. It
can be fully owned by a foreigner.
A resident secretary is required.
• Trading company – please see attachment “LFSA – Code 20” for allowed activities under trading company.
• Non-trading company/investment holding – income mainly from dividend or interest.
*Kindly take note that the tax for general trading or import/export services is ranging from 15% – 24% under Malaysia Income Tax Act 1967.
• Trading company companies are taxed under Malaysia Income Tax Act 1967, which the tax ranging from 15%-24% of its profit except for Labuan licensed company. (Audit required)
• Tax for Labuan licensed company and business nature under “Code 20” is 3% of its audited net profit with fulfilled its substance requirements. (Audit required)
• Investment holding companies are not subjected to tax (0% tax) with the submission of yearly management account and fulfilled substance requirement.
No.
• CTC of Passport
• CTC of Proof of address (such as the most recent utility bill, internet bill, insurance statement, etc)
*CTC – Certified True Copies: Certification of documents must be made by competent persons such as a notary public, solicitor, chartered secretary, or certified public accountant,
and made in accordance with the law in Malaysia or in the country where the certification was made.