Labuan Work Permit - Things No One Told You
Labuan refers to a mid-shore jurisdiction offering immense flexibility to foreigners who remain interested in setting up an international business within Malaysia. The three benefits of Labuan company registration are a 3% tax regime, 100% foreign ownership, and permission to deal with Malaysians. Apart from that, Labuan organizational owners can apply for two years renewable multiple entry Labuan work permit for all expatriates and directors together with their children and spouse under age 21 with an alternative to reside in Malaysia. As a country, Malaysia offers a stable and peaceful stay at an affordable cost of living for you as well as your family. Therefore, you can feel free to do your global trades by staying in Malaysia. What Happens For Those Not Residing In Malaysia? For people who do not reside in Malaysia, the two years multiple entry Labuan work permit visa helps facilitate your entry in and out of Malaysia, comfortably to do business meetings, the opening of ban...