The Labuan Legislation
Labuan IBFC’s legal framework comprises 8 Acts which empower Labuan FSA and provide for the setting up of all Labuan entities participating in the Labuan international business and financial centre.
- Labuan Companies Act 1990 (Act 441)
- Labuan Business Activity Tax Act 1990 (Act 833)
- Labuan Financial Services Authority Act 1996 (Act 545)
- Labuan Trusts Act 1996 (Act 554)
- Labuan Limited Partnerships and Limited Liability Partnerships Act 2010 (Act 707)
- Labuan Financial Services and Securities Act 2010 (Act 704)
- Labuan Islamic Financial Services and Securities Act 2010 (Act 705)
- Labuan Foundations Act 2010 (Act 706)
Additionally, all transactions and dealings in Labuan IBFC are subject to Malaysia’s
- Anti-Money Laundering and Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Act 613)
Personal Data Protection Act 2010 (Act 709)