Offshore companies are businesses that has been incorporated outside of one’s country of residence, which is also known as non-resident company.

To setup an offshore company formation in Malaysia.
Labuan Offshore Company is usually the favourite company formation place in Malaysia, there’s also other options of Malaysia’s neighbour Brunei or Singapore with the convenience of registered office and shelf company.

A private company limited by shares or guarantee can be registered as an offshore company in Labuan. Having obtained the status of offshore company, enjoys a special tax treatment. A trusted local company of the license is a requirement to participate in the registration of an offshore company and management activities, providing a registered office, corporate secretarial services and the submission of the documentation required by local authorities.

This company may be established by a resident or non resident of Malaysia and can perform any legal business. Banking, insurance, fund management and other activities require a special license. It is not possible to conduct a shipping business.

At least one director is a mandatory requirement; different categories of actions are permitted, other than bearer shares. The beneficiaries need not be disclosed, a minimum share capital is issued, the annual return must be filed, and the specific accounting records must be kept in Labuan.