Labuan Offshore Financial Services Authority Company Search

The labuan financial services authority labuan fsa formerly known as labuan offshore financial services authority lofsa is a one stop agency which was established on 15 february 1996 as a single regulatory body to promote and develop labuan as an international business financial centre ibfc. Continued growth across the board in 2018 entrenching labuan ibfc s role as asia s preferred midshore business and financial centre. Its establishment further draws the attention of the government s commitment to make labuan.

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Lofsa is expected to streamline the government machinery in supervising the offshore financial services industry and undertake research and development works as well as to draw up plans for.

Labuan offshore financial services authority company search. Labuan offshore financial services authority lofsa is dealing with financial institutions financial services located at 17th fl main office tower financial park complex jln merdeka 87000 wp labuan malaysia contact 6087 591200. The labuan offshore financial services authority lofsa is the regulatory body set up to spearhead and coordinate efforts to promote and develop labuan as an international offshore financial centre iofc. Labuan fsa has invested in an online system since 2004 and committed to continuously improve its delivery system in support of the ever changing business environment. 12 5 growth in company incorporation 11 5 growth in trust and corporate service providers.

The labuan companies act of 2010 currently oversees the formation activities and taxation of a labuan international company. List of labuan companies. The legal framework that supports the business friendly climate in labuan is overseen by labuan offshore financial services authority lofsa also known as labuan fsa this institution supervises the cross border financial transactions with respect to the globally recognized set of laws. 6 things you have to know about labuan offshore financial services authority labuan fsa labuan financial services authority labuan fsa was established in 1996 as a statutory body accountable for the development and administration of the labuan international business and financial centre labuan ibfc.

Cor l is an acronym for corporate online registry at labuan fsa this is an online delivery system that promotes convenience and security to the users with real time access. In the 1980 s malaysia wanted to compete against hong kong for offshore entity business. Additionally labuan jurisdiction being a midshore jurisdiction offers the provision of dealing with the local market which is subjected to the local tax regime. Discover the wide range of business and financial services available in labuan ibfc.

View labuan offshore financial services authority lofsa profile products services and other information. Setting up a trading company in labuan jurisdiction is an ideal choice as it offers a wide range of business activities permissible under the regulation of labuan financial services authority. Finally labuan offshore financial services authority lofsa is the sole regulatory agency overseeing these laws.