Labuan Accounting and Financial Report Services
Labuan Accounting Services
Accounting Services
Starting from
€1,500
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Labuan is a federal territory within Malaysia. It has its own jurisdiction and offers several advantages comparing to opening a company on the main land of Malaysia.
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Accounting services
Description
Malaysia has an extensive network of tax treaties with more than 72 counties. It eases the international cooperation between companies. This network can be also used by the companies in Federal Territory of Labuan. Labuan offers more flexibility of corporate tax and audit, tax incentives, easy management as the company can operate in a currency of their choosing.
Labuan financial institutions are allowed to adopt any accepted international accounting standards including issued Financial Reporting Standards (FRS) issued by Malaysian Accounting Standard Board (MASB). In the Federal Territory of Labuan need to report to Labuan FSA of your business activities. The IRB deadline to submit your corporate tax is 31st of May, of which you should send your accounts for audit by March, this would allow sufficient time for the auditor to complete their task and to meet the deadline.
Services
We provide both full and partial online accounting services. Trusting us with the numbers will give you more free time to grow your business. Offshorelicense Accounting team would ensure both that you meet your reporting requirements and that you are compliant with the local legislation.
Other Accounting services provided by Offshorelicense Accounting team also include:
- Preparation of monthly, half-yearly reports for Labuan Financial Services Authority;
- Creation and submission of annual financial statements;
- Support of global audits;
- Virtual assistance with any questions regarding taxation in Labuan;
- Other Accounting services.
* - The stated amount is a starting price for 1 year of professional Accounting services.