Services: Advantages of Labuan Foundation

Labuan Foundation

Advantages of Labuan Foundation:

  • Registered corporate body with a separate legal entity with the ability to enter into contracts or any other lawful transactions on its own
  • Protection from creditors' claims and against claims or intent to defraud with regards to the act of establishing the foundation, the disposing property and founder as beneficiary
  • Protected from foreign claims and cannot be forcefully liquidated to satisfy other obligations such as claims arising from divorce, lawsuit or creditors
  • Protection against forced heirship
  • Not subjected to compulsory perpetuity period
  • Confidentiality and anonymity, information concerning the Labuan foundation is not on any public record
  • Simple and straight forward tax systems in Labuan. No tax in Labuan on non-trading activities
  • Distributions by a Labuan foundation to its beneficiaries are tax-exempted in Labuan. However, the beneficiaries will need to satisfy their own tax liabilities in their respective jurisdictions of tax residence
  • No foreign exchange controls
  • No withholding tax
  • No capital gains tax
  • No inheritance tax
  • No stamp duty on all instruments relating to offshore business activities
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Feel free to let us know if you have any questions. We can customize our solutions to suite your needs so as to ensure that you achieve your objectives.

Business Development team
BBS Trust International Limited

+60 12-360 7313
+60 12-611 0168
+60 3-7772 6333
info -at- bbstrust -dot- com