Steps on How to Set up a Trust in Labuan

You can find here the main steps on how to set up a trust in Labuan: https://labuancompanyformation.com/set-up-a-trust-in-labuan/.

1. How to Set Up a
Trust in Labuan
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2. Trust - Definition
A trust refers to an
agreement that is
established for the purpose
of managing a variety of
assets.

3. Parties Involved
The trust is set up by a trustee, the founder
and the beneficiary (or beneficiaries).

4. Founding Document
The trust gains legal
recognition through a
trust deed.

5. Supervisory
Authority
The activity of a trust falls
under the supervision of the
Labuan Financial Services
Authority.

6. Legislation
The founders of the trust must
observe the rules of various
rules of law, such as the
Labuan Trusts Act and the
Labuan Trusts Regulations.

7. Registered Address
The trust must be registered in
Labuan and have an official
address located here.

8. Paying Taxes
It is necessary to pay
taxes, in accordance to
the types of assets the
trust holds.

9. Capital
Unlike commercial
companies, trusts
do not have to
subscribe a
minimum share
capital.

10. Types of Trusts
There are 4 types of
trusts that can be
incorporated in
Labuan:
charitable trust;
protective trust;
purpose trust;
Labuan special
trust.

11. Thank You for Your Attention!
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