top of page

Labuan Private Foundation

Labuan is the only jurisdiction in Asia that offers Foundation structures. Labuan Private Foundation is a legal entity fully protected by Labuan Foundation Act 2010. It is also one of the cheapest jurisdiction to set up and maintain.


Labuan Private Foundation is truly a perfect wealth management tool. It is a hybrid of a Company and Trust. Here are some key advantages of the Labuan Private Foundation:


v You have 100% control all the time

v Full control on how your foundation is to be structured and managed, types of assets to hold and beneficiaries with freedom to change anytime

v Can be set up by individuals or corporations and founder can be the beneficiary

v Unenforceability against any legal claims

v Duration of foundation can be perpetual or fixed time of your choice

v No minimum amount of assets required to be injected

v No tax on distribution to beneficiaries

v Low corporate tax of 3% on trading activities or 0% tax as investment holding

v Able to hold Malaysian assets! Income derived from Malaysia assets are subject to 24% tax

v No withholding tax and inheritance tax

v Can be used as charitable purposes

v Protected by highest degree of confidentiality

v It can be re-domiciled to another country of your choice at any time


Should you need further information, please do not hesitate to contact Bestar RW William.



15 views0 comments

Recent Posts

See All

Comments


bottom of page