Labuan Company Foundation, Formation & Establishment

Asset management and protection is an important task to be sorted out for high net worth business owners after the formation of a company in Malaysia or any of your other preferred jurisdictions. The task is made possible by forming a foundation to help with an objective distribution of assets, as well as preventing unauthorized third parties from acquiring the assets.

Crises and disputes are displeasing but often unavoidable. During such challenging times, a foundation plays a vital role in safeguarding a business owner’s interest by detaching the assets from the business owner. In simpler terms, the business owner still has full control over the company’s activities but is protected from severe loss and damages, should a misfortune occurs.

MCS was earlier known for the exceptional foundation formation/establishment service in Labuan, and is later known throughout Malaysia. Company formation, work permit application, and human management are some other services offered today to perfectly complement the foundation formation service.

Highlights

1. No capital required
2. Zero restrictions on non-residents
3. Not subject to probate and inheritance laws
4. Exemption from taxation

Having an expertise in the study of foundation, MCS team is glad to assist you in the following duties:

• Apply and register for a foundation
• Obtain consent from relevant authorities
• Appoint an officer, council, and secretary
• Provide guidance on the types of assets (movable & immovable)
• Advise on all legal matters

With more than a decade of experience, MCS is a trusted name for company formation and foundation formation/establishment services in Labuan, if not the entire Malaysia.