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The Labuan IBFC shares a common time zone with many large Asian cities and its location between China and India as well as its proximity to several other financial centres has been used to promote the Labuan IBFC as a convenient location for business dealings. [2] Labuan has been designated as a financial centre and free trade zone by the ...
Ministry of Development (MR) – Central Registration and Information on Business (CEIDG) [69] – company register for natural persons trading as sole traders or their civil law partnerships (searchable); such companies are prohibited from performing certain activities (e.g. operating a life insurance company), and proper agricultural activity ...
The SSM was formed in 2002 under the Companies Commission of Malaysia Act 2001, assuming the functions of the Registrar of Companies and Registry of Business. [1] The main purpose of SSM is to serve as an agency to incorporate companies and register businesses as well as to provide company and business information to the public.
Offshore Insurance Act 1990 [Act 444] ( Repealed by the Labuan Financial Services and Securities Act 2010 [Act 704] ) Labuan Business Activity Tax Act 1990 [Act 445] Workers' Minimum Standards of The Housing and Amenities Act 1990 [Act 446] Electricity Supply Act 1990 [Act 447] Electricity Supply (Successor Company) Act 1990 [Act 448]
Labuan (/ l ə ˈ b uː ə n /), officially the Federal Territory of Labuan (Malay: Wilayah Persekutuan Labuan), is an island federal territory of Malaysia. It includes Labuan Island and six smaller islands off the coast of the state of Sabah in East Malaysia.
Registration is normally mandated by the government of that jurisdiction. A company register serves a purpose of protection, accountability and control. In contrast many countries also operate a statistical business register which has a different purpose and plays a central part in a system of official economic statistics at a national ...
Royal Malaysian Customs Department (RMCD) role is to: Collect national revenue in the form of taxes and customs duties consisting of import duty, export duty, excise duty, sales tax, service tax, extraordinary profit levy, vehicle levy, departure levy, non-tax revenue, state revenue/trust money and tourism tax.
Labuan Corporation was established on 1 July 2001 under Act 609, Perbadanan Labuan Act 2001. It is the merger between two agencies, the Labuan Development Authority (LDA) and Labuan Municipal Council (MPL).
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