If have any doubts about stepping forward to have a Labuan offshore, then reading this article will clear all doubts and will strengthen your decision of moving ahead with the Labuan offshore venture.
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The business is an idea that has to be nurtured time and again with other lucrative ideas and
opportunities in order to accomplish a significant mark in the business field and to establish more
credibility of the business. Giving wings to business is always an aspiration that could never go off any
investor's mind in order to reshape the business progress by letting the idea of going to an offshore
location should always be thought of. Now even if you, as a foreign investor think of getting out of
your comfort zone of leveraging business activities, one sudden question comes to your mind about
which location could be the best location for an offshore setup? And which could be the most
profitable location for offshore activities? Well! To give you wider aspects on the idea of going to a
Labuan offshore for business has been described here as the Labuan offshore is the most profitable
place to get adapted to for offshore business.
No Stress as it is Duty-Free
Wouldn't you get excited to have a location that is duty-free? Then think of setting up of a Labuan
offshore as Labuan is Malaysia's most profitable center, giving you freedom of experiencing duty-free
island. As the Labuan island comes in the BIMP-EAGA triangle so this further strengthens the fact of
finding Labuan as the most potential investment center where all goods imported to or exported
from Labuan are not implied for duty.
In 1990, the Labuan has been declared as an international Offshore Financial Centre with which it has
become as one of the premier and most obvious offshore financial centres. With this, the Labuan is
now able to establish 5000 offshore companies along with some financial institutions of the globe.
Another point of interest in investing for forming a Labuan offshore is finding Labuan as the
petrochemical hub through which several major activities of the Oil and Gas sector can be carried
actively without any hassle. Talking about exports, then it's thriving to know that petrochemicals
represent 70% of the Labuan's total export done annually, which definitely giving Labuan as being
considered the best location for Labuan offshore.
For more information visit us at http://www.simplyoffshore.com/labuan-company-formation/
Law & Commerce Trust Limited
Lazenda Commercial Centre Phase 3,
Level 2, Lot 19, Jalan Okk Abdullah,
Bandar Labuan, 87000 Labuan,
Wilayah Persekutuan Labuan
Phone: +6 087 421 644
Fax: +6 087 421 646
Monday to Friday (UTC+8)
09:00-12:30 & 14:00-17:00