27/10/22

Labuan IBFC Foundations: Truly One Of A Kind In Asia

Labuan is located off the coast of Sabah, East Malaysia with a population of around 100,000, where business meets leisure and common time zones with major cities. As an innovative and ever-evolving jurisdiction, Labuan IBFC is the only jurisdiction in Asia that offers private foundations as a wealth management solution. This article looks at the typical structure of a Labuan Foundation and explores its advantages in detail, including the Labuan Islamic Foundation.