Labuan F.T., Malaysia (October 5th, 2018) -- The Law & Commerce Trust Limited company has always been supportive for its clients in giving the best possible services for their establishments successfully either for Labuan trust, Labuan offshore or Labuan bank account. The company has quite an experienced and qualified team of experts dealing with all ifs and buts of forming any setup in the Labuan and give them whole new experience to foreign investors.
Having made you clearer about our services, time now to take a glance at the Labuan foundation setup details and how could it benefit you in the long run. A Labuan foundation is a legal entity run separately having backed by a solid corporate body that undertakes all the responsibilities of running the foundation successfully. The foundation is not bound to any specific purpose, in fact, it can be setup to manage its properties or it could also be run both for charitable or non-charitable purposes.
Now, focussing about its registration procedure, then nothing should be worried as long as you are associated with the Law & the Commerce Trust Limited which will never let you miss any deadline or document unfilled for the registration process. The applications for the Labuan foundation registration are filed with the registrar of companies under the Labuan Foundations Act to be declared as a foundation. Also the foundation is required to have a local registered office.
Now coming upon how the Labuan foundation could benefit you then again, no need to take stress in finding its benefits as the foundation set up in the Labuan jurisdiction benefits you in a number of ways like you can have fully foreign participation and can have foreign founders, beneficiaries and assets around the world, the jurisdiction also provides low tax policies, privacy, quick formation procedures and one of the most important asset protection is provided. So now you have much information through which you can decide well for going ahead with the foundation set up in the Labuan.
ABOUT COMPANY:- Law & Commerce Trust Limited is an independent trust company owned and managed by qualified lawyers and licensed by the Labuan Financial Services Authority that started its operations in 1996 from Labuan and now also operates in Kuala Lumpur. Our services are briefly divided into corporate client services and private client services and also actively offer offshore services through another associate company from a number of other notable jurisdictions.
For more information, visit: http://www.simplyoffshore.com/labuan-foundation/