Labuan is a tax haven. The region of Malaysia has a maximum of 3% corporate income tax rate and welcomes investors from all around the world to set up a company. Almost No Taxes The corporate tax rate for investment activities is 0% while you need to pay 3% on audited net profits if your company partakes in trading. Alternatively, trading firms can also pay RM 20,000 fixed tax. There are no indirect taxes like service tax, sales tax, GST, VAT, and Custom Dury. If you are planning to set…
Thursday, May 15, 2025
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