**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 ...

...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...

...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...