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

 

 

The Offshore Companies Act 1990 (OCA) provides for the establishment of offshore companies...
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Offshore banking business means the business of providing credit facilities and receiving deposit...
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Offshore insurance business is defines as insurance business...
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Trust company means a company registered under the LTCA...
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Offshore leasing means the business of sub-letting movable property...
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Factoring means the business of acquiring debts...
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Money broking business is defined as the business of arranging...
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Fund management company or manager is defined as...
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Mutual fund" or "fund" means an offshore company or a company incorporated under...
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Related Guidelines on Islamic Financial Services...
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