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Photos are
depicted from the book "For The Love of Labuan"
by You Jae Ryuk
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LOFSA, a one-stop
agency was established in 1996 to:
 Focus on business development and promotion
Process application and supervise offshore activities
Develop national objectives, policies and set priorities
Administer and enforce legislation
Incorporate/register offshore companies
Labuan is an island
strategically located in the Asia-Pacific region, off the coast of East
Malaysia. It is administered by the Federal Government of Malaysia, easily
accessible, has a developed infrastructure, satellite telecommunication,
political stability, low cost of operation and shares the same time zone
with other major Asian cities. Labuan also attributes its success to the
Malaysian government's commitment to develop Labuan to its fullest
potential.
Labuan is an integrated
International Business & Financial Centre (IBFC), offering a wide range of offshore financial products and services to
customers worldwide, including banking and investment banking, insurance,
captives, trust business, fund management, investment holding, company
management and Islamic financing.
LOFSA has implemented
policies that facilitate the creation of a competitive and attractive
business environment in Labuan. Labuan's legislative framework is not only
business-friendly but also prudent to safeguard Labuan's international image
as a clean and reputable offshore financial centre.
Thank you for visiting
the website. If you have any enquiries, please contact communication@lofsa.gov.my.
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