Protected Cell Companies
- May be incorporated as a Labuan Company or converted from an existing Labuan Company.
- A limited liability company with a legal entity that has the ability to form ‘Cells’’
- The cells of a PCC may comprise:
- A single core cell for holding non-cell assets or general assets; OR
- Any number of cells for segregating & protecting the assets of each cell
- While not separate legal entities, each individual cell operates independently under the Labuan PCC umbrella.
Advantages of PCC
- Flexibility to hold diverse assets classes for individual investor objectives, while maintaining cell independence.
- The permitted activities for a Labuan PCC are limited to the following:
- a) Labuan captive insurance business (as per LFSSA),
- b) Labuan captive takaful business (as per LIFSSA)
- c) Labuan Mutual Fund business (as per LFSSA)
- d) Labuan Islamic Mutual Fund business (as per LIFSSA)