Search
Fresh breath of air for innovative financial services in Labuan
**labuan financial services authority (LFSA) supports innovative financial services (IFS)** such as fintech and assists Labuan entities in case of providing related to fintech activities. LFSA expressed its interest in attracting “Innovative Financial Services” to the region including businesses involved in distributed ledger technology and cryptocurrencies as it stated in “Circular on ...
Path: BlogLabuan FSA Tightens Money Broking Rules Amid Growing Industry
As the money broking business continues to grow in Labuan IBFC, the labuan financial services authority (Labuan FSA) has stepped up with a revised set of guidelines to ensure the industry keeps pace with modern financial challenges. The new guidelines are designed to tighten regulations, promote better governance, and protect investors, especially with the increasing digitalisation of financial s...
Path: BlogLabuan Fund Management License
...ntity enjoys the advantages of tax haven since a company is subject only to 3% of profit tax on net audit profits, and full exemption from other local taxes, assuming that a company does not carry our business activity on the territory of Labuan. labuan financial services authority (LFSA) is local financial regulator which sets forth strict requirements in order to attract to Labuan only experi...
Path: LicensingLabuan Accounting Services
...th 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 a...
Path: Accounting