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labuan ibfc
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Established in 1990, the Labuan International Business and Financial Centre (Labuan IBFC) is a special economic zone of Malaysia. It operates under a unique legal framework, separate from Malaysia's domestic system, and is regulated by the Labuan Financial Services Authority (Labuan FSA). Labuan IBFC Inc., established in 2008, is the official promotional and marketing agency for the centre. Its mission is to promote and develop the jurisdiction as the premier international business and financial hub in the Asia Pacific region, attracting global businesses through its simple and attractive tax system, robust regulatory environment, and a wide range of business structures and financial solutions including banking, insurance, wealth management, and Islamic finance.
Malaysia
Industry
Financial