Why should Businesses set up a Labuan Offshore Company?
One must weigh in his or her options before opportunity knocks. This is true for businesses as well for investing in a company at the right place and time can ensure handsome returns. In the competitive world of business where staying afloat has become difficult let alone succeed, finding a suitable business destination offering plenty of opportunities can be a godsend. In the last decade or so, Malaysia has emerged as a powerful economy, especially in the Asian region, for businesses to invest and grow. To incentivize global businesses, Malaysia has set up several regions to serve as the hubs. Labuan happens to be one such region that offers a slew of benefits like reduced tax liability, better brand equity, and a seamless procedure for Labuan company registratio n. It has gained the reputation of being one of the prominent offshore financial centres in Asia where several multinational companies are setting up their infrastructure and grow their business. Benefits of establishing...