A Labuan foundation can be established according to the founder’s specific wishes. A Labuan foundation can be said as a very flexible and robust entity it can actually offer as an alternative to a trust and even corporation to complement the founder’s financial planning. The Labuan foundation can be operated like a trust but with the advantage of their own legal personality.
Labuan foundations can be established under the Labuan Foundations Act 2010. Our Labuan office supports founders in wide aspects of foundation management. We can provide all the tools and everything you need to consider to start a Labuan foundation. These services are available from Labuan jurisdiction.
For more information on starting a Labuan foundation including the legal requirements, information on the laws or guidelines governing foundations, operations, fees and taxes may be obtained by contacting our Labuan office directly.