A credit token business under the Law of Labuan shall be defined as any business in which a token, a check, a card, a voucher, a stamp, a booklet, a coupon, a form or other document or item is given or issued to an individual by a person engaged in the business.
Labuan is a fairly level island of 95 square kilometers situated at the northwest shore of Borneo, north of Brunei and south of Kota Kinabalu; the capital of the territory of Sabah. The name Labuan gets from the Malay word labuhan meaning port. The island has a population of around 100,000 individuals, of which around 20% are outsiders. It includes seven islands; Labuan, Kuraman, Daat, Rusukan Besar, Rusukan Kecil, Papan, Mayat, and Burung. In spite of the fact that the island is mostly known as a seaward monetary focus, it likewise has many pleasant attractions. There are lodgings on the island, however not all that numerous retreats. The island takes after Penang Island in certain territories, however, Penang is considerably more well known among sightseers. Labuan actually must be ‘found’, nearby government is chipping away at advancing Labuan Island as an awesome traveler objective.
There are even designs to assemble a long scaffold to associate the island to the terrain of Sabah and to extend the current air terminal so it can develop into a worldwide air terminal (which implies more vacationers arrivals). Labuan with its capital Labuan Town is the primary island of the Malaysian Federal Territory of Labuan. Labuan is a seaward monetary focus (and Islamic monetary center point) offering worldwide monetary and business administrations since 1990. In 1984, Labuan has declared a government domain. In 1990, it was announced a global seaward monetary focus and streamlined commerce zone (it actually is a tax-free island). The Labuan International Business and Financial Center (Labuan IBFC) was made as Malaysia’s just seaward monetary center point in October 1990 and was working under the name of Labuan International Offshore Financial Center (IOFC).
At the time it was set up to fortify the commitment of monetary administrations to the Gross National Products (GNP) of Malaysia just as to build up the island and its encompassing region. At this moment there are more than 6,500 seaward organizations and around 300 authorized monetary establishments (counting world driving banks). Main vacation spots at Labuan Island are the World War II Memorial, the Peace Park, and the burial grounds of the fallen troopers. Different attractions are the Royal Navy Coaling station (the Chimney), Labuan Town, Labuan Museum, Labuan Bird Park, the Tanjung Kubong burrow, a visit to the water town, Ba San Miao Temple, Gurdwara Sahib Temple, Jamek An-Nur Mosque, Labuan Square, Bazaar Labuan wet market and Labuan Gold Club (for golf fans).
Labuan Town can be investigated by walking, yet in addition by transport or taxi. Taxi drivers for the most part don’t drive on the meter, which implies you need to deal with the cost prior to entering the taxi. There are relatively few shopping centers in Labuan Town, a couple of shopping buildings, and detached shops (just a shopping center in Labuan can be found inside the Financial Park complex). Despite the fact that the island is sans obligation, costs are not that modest as it is expensive to get products to the island (however tobacco, liquor, and chocolate are a lot less expensive than at different spots).
With a zone of 329,847 sq. km, Malaysia is the 66th biggest nation on the planet.
As seen on the actual guide above, Malaysia comprises of the Peninsular Malaysia, which is important for territory Southeast Asia, and the conditions of Sabah and Sarawak (East Malaysia) on the northern edges of the island of Borneo.
Generally, the beachfront fields here (in certain territories rather wide) ascent tenderly into slopes and mountains, all covered by thick tropical jungles.
Countrywide, rises normally between 3,500 to 6,000 feet, with the significant special case being Malaysia’s most noteworthy point, Mt. Kinabalu, at 13,451 ft. (4,100 m) in the State of Sabah. It has been set apart on the guide above.
The absolute bottom of the nation is the South China Sea at 0 m. Off the coastlines of Malaysia are many exceptionally little islands (dabs on an ocean of blue).
Running along the landmass are various caverns, cut out by water dissolving limestone, with the Mulu Caves in East Malaysia being one of the biggest cavern frameworks on the planet.
More than two dozen waterways of size stream from the mountains, with the Pahang, Rajang, and Sugut being the most huge.
There are just two normal lakes inside Malaysia’s outskirts: Bera Lake and Tasik Chini. Made in 1985, Kenyir Lake is a fake lake that is supposed to be the biggest on the planet, covering around 100 sq miles (260 sq km). Malaysia is partitioned into 13 states (Negeri) and 3 government domains (Wilayah Persekutuan). Out of these – 11 states and 2 government regions are arranged in West Malaysia; 2 states and 1 administrative domain in Borneo Island (East Malaysia). In sequential request, the 13 states are Johor, Kedah, Kelantan, Malacca, Negeri Sembilan, Pahang, Penang, Perak, Perlis, Sabah, Sarawak, Selangor, and Terengganu. Kuala Lumpur, Labuan, and Putrajaya are the government domains in Malaysia. The states are additionally partitioned into regions and more modest regions.
Situated in the Klang Valley, Kuala Lumpur is the capital and the greatest city in Malaysia. Other than being, the social and monetary focus of Malaysia, Kuala Lumpur is additionally one of the top traveler objections on the planet.
Our team of Token Licence consultants for Labuan provide free consultation for Token Licence in Labuan to understand client`s requirements.
Conduct due diligence, KYC and suitability assessment before proceeding for Token Licence in Labuan.
Filling application forms and other documentation for the application for obtaining Token Licence for Labuan.
Filling application forms and other documentation for the application for obtaining Token Licence for Labuan.
Once we apply for Token Licence in Labuan will follow up with the authorities until conclusion.
Timeframe: around 6 months
Minimum paid up capital: Not prescribed
Labuan is Malaysia’s island and federal territory, providing one of the strongest regulatory frameworks for different financial service firms.This makes Labuan a prestigious place to start a Token Licensed Business, along with the favorable tax system,
According to local rules, the issuer of those tokens undertakes to:
There is currently no minimum paid-up capital prescribed by the LFSA for the credit token business.However, in its conditional approval letter, the regulator can impose a requirement to ensure that the capital is consistent with its business activities.Such capital can be payable up to a sum of RM 1000000.00, equal to approximately USD 250 000.00.
When you hire us to obtain Token Licence of Labuan, also known as, Token Licenceof Labuan, Token Licence of Labuan and Token Licence of Labuan you can rely on us for our honest effort and support for getting your Token Licence of Labuan to achieve your business objectives with our surety that “Your relationship is more important for us than money because we earn relationships, money automatically follows, as we all have to earn but you and our clients are very important, that is why we get so many repeat clients and referrals. We dominate the market for Token Licence services in Labuan making us number 1 choice of companies looking for Token Licence Labuan due to our efficiency and low cost licensing services for Labuan`s Token Licence.
We dominate the market for Token Licence services in Labuan making us number 1 choice of companies looking for Token Licence Labuan due to our efficiency and low cost licensing services for Labuan`s Token Licence.
*Note : If you are looking forward for licensing services in a country, which is not listed on our website please Contact Us, we might be able to service and fulfil your requirements.
*Note : Our Company is totally against Money Laundering, Drug Trade, Terrorism and Human Trafficking, hence, WE DO NOT SUPPORT SUCH CLIENTS.
When you apply for Token Licence with us for Labuan, we also offer extensive support which starts with licensing in Labuan but extends to HR support in Labuan, bank account opening payment processing in Labuan just to name a few.
We have largest company registration services for Labuan and 108 Countries.
Our licensing consultants also help with bank account opening in Labuan and 108 countries.
Apart from licensing services for Labuan, guidance is provided for accepting payments online.
We provide VoIP phone number to clients in Labuan and all around the globe with enterprise level quality.
Apart from Forex license we also provide virtual address to choose from 66 beautiful locations worldwide.
Need an existing business for sale in Labuan, our licensing agents can connect you with our specialists in Labuan.
Apart from Token Licence we support our clients for Labuan with comprehensive assistance for starting new business in Labuan.
Best accountants in Labuan are available 24 * 7 for any accounting support for Labuan. We provide accounts outsourcing services in 106 countries!
Best in the class support for ready-made company in Labuan and 109 Countries.
Looking for entrepreneur immigration to Labuan, use our services for 107 countries contact us for free consultation.
Planning to place your key employees in Labuan and need support for work visa for Labuan for directors or employees.
Successfully helped our clients for software development and web development in Labuan and 109 countries with blockchain, IOT, web, ecommerce and apps at very affordable prices with best enterprise grade quality.
To mention a few countries that we have our very strong foot print on:
Albania, Antigua, Abu Dhabi, Argentina, Armenia, Ajman, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Belarus, Belgium, Belize, Bolivia, Bosnia, Bosnia and Herzegovina, Brazil, Bulgaria, BVI, Canada, Cayman Islands, Chile, China, Costa Rica, Croatia, Cuba, Cyprus, Czech Republic, Denmark, Dubai, Dominica, Dominican Republic, Doha, Ecuador, Estonia, Fiji, Finland, France, Georgia, Germany, Greece, Grenada, Guatemala, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Ireland, Italy, Japan, Kazakhstan, Kuwait, Kyrgyzstan, Latvia, Liechtenstein, Lithuania, Luxembourg, Macedonia, Malaysia, Maldives, Malta, Marshall Islands, Mauritius, Mexico, Micronesia, Moldova, Monaco, Montenegro, Netherlands, New Zealand, Oman, Norway, Panama, Papua New Guinea, Paraguay, Philippines, Poland, Portugal, Puerto Rico, Qatar, Romania, Russia, Saint Kitts, St Kitts, St Lucia, Saint Lucia, San Marino, Saudi Arabia, Serbia, Seychelles, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sri Lanka, Sweden, Switzerland, Taiwan, Tajikistan, Thailand, Turkey, Ukraine, UAE, United Arab Emirates, United States, United Kingdom, USA, UK, US, Uruguay, United States of America, Vanuatu, Venezuela, Vietnam, Afghanistan, Algeria, Andorra, Angola, Bangladesh, Barbados, Bhutan, Botswana, Brunei, Burundi, Cambodia, Cameroon, Chad, Congo, Egypt, El Salvador, Ethiopia, Gabon, Gambia, Ghana, Guyana, Iraq, Israel, Jamaica, Jordan, Kenya, Laos, Lebanon, Liberia, Libya, Madagascar, Mali, Morocco, Myanmar, Namibia, Nepal, Nicaragua, Niger, Nigeria, Oman, Pakistan, Palau, Peru, Saint Vincent and the Grenadines, Samoa, Sierra Leone, Somalia, Sudan, Syria, Tanzania, Tonga, Tunisia, Turkmenistan, Uganda and Uzbekistan. States Serviced for United States of America – USA Washington, Alaska, Oklahoma, Florida, Alabama, Arkansas, South Dakota, District of Columbia, Mississippi, Georgia, Minnesota, California, Tennessee, Montana, Kentucky, Iowa, New Mexico, Vermont, Hawaii, South Carolina, Illinois, Louisiana, Utah, Massachusetts, Indiana, New Hampshire, Kansas, Missouri, Texas, Virginia, Connecticut, Idaho, Nevada, Maryland, New York, Colorado, Ohio, West Virginia, New Jersey, Arizona, North Dakota, Wisconsin, Maine, Pennsylvania, Delaware, Oregon, Wyoming Michigan, North Carolina, Rhode Island and Nebraska
Al Ahmadi, Ahmadi, Al Ain, Al Fujayrah, Fujayrah, Ahmedabad, Albuquerque, Almaty, Amsterdam, Anchorage, Ankara, Annapolis, Antalya, Antwerp, Ar Rayyan, Astana, Asuncion, Athens, Atlanta, Auckland, Augusta, Austin, Bahrain, Baku, Bali, Bandung, Bangalore, Bengaluru, Bangkok, Banja Luka, Banqiao, Barcelona, Basel,Montgomery, Basseterre, Baton Rouge, Batumi, Beijing, Belgrade, Belize City, Bergen, Berlin, Bern, Billings, Birmingham, Bishkek, Boise City, Bombay, Boston, Brasilia, Bratislava, Bridgeport, Brisbane, Brno, Bucharest, Budapest, Buenos Aires, Burlington, Bursa, Busan, Calgary, Cape Town, Caracas, Castries, Celje, Calcutta, Chandigarh, Charleston, Charlotte, Chengdu, Chennai, Cheyenne, Chicago, Chisinau, Christchurch, Cleveland, Cologne, Colombo, Colorado Springs, Columbia, Columbus, Copenhagen, Cordoba, Daegu, Dallas, Daugavpils, Davao City, DC, Denver, Delhi, Des Moines, Detroit, Dnipro, Doha, Donetsk, Dubai, Dublin, Durban, Durres, Dushanbe, Ecatepec de Morelos, Edinburgh, Egkomi, Fargo, Florence, Frankfurt, Geneve, George Town, Goa, Goteborg, Grenada, Guangzhou, Guatemala City, Guayaquil, Hague, Hamburg, Hanoi, Havana, Helsingborg, Helsinki, Henderson, Ho Chi Minh City, Hong Kong, Honolulu, Houston, Hualien City, Hyderabad, Incheon, Indialantic, Indialantic, Indianapolis, Isfahan, Istanbul, Ixelles, Izmir, Iztapalapa, Jackson, Jakarta, Jeddah, Jersey City, Jerusalem, Johannesburg, Johor Bahru, Kaduwela, Kampung Baru Subang, Kansas City, Kansas City, Kaohsiung, Kaunas, Kesbewa, Kharkiv, Khujand, Klang, Knoxville, Kolkata, Kosice, Krakow, Kuala Lumpur, Kuwait City, Kyiv, Las Vegas, Leeds, Lincoln, Lisbon, Little Rock, Liverpool, Ljubljana, Lodz, London, Los Angeles, Louisville, Luxembourg, Lyon, Madison, Madrid, Maharagama, Majuro, Male, Malmoe, Manchester, Manila, Maracaibo, Maracay, Maribor, Mashhad, Mecca, Medan, Medina, Melbourne, Memphis, Mexico City, Miami, Milan, Milwaukee, Minneapolis, Minsk, Monte Carlo, Montevideo, Montreal, Moratuwa, Moscow, Mumbai, Musaffah, Nagoya, Naples, Nashville, Nassau, New Delhi, New Orleans, New York, Newark, Nicosia, Nizhniy Novgorod, Nonthaburi, Norfolk, Nottingham, Novi Sad, Novosibirsk, Oklahoma City, Olympia, Omaha, Omsk, Orlando, Osaka, Oslo, Overland Park, Panama City, Paris, Patna, Patra, Pattaya, Perth, Petaling Jaya, Philadelphia, Phoenix, Pittsburgh, Plovdiv, Podgorica, Port Louis, Port Moresby, Port Vila, Portland, Portland, Porto, Prague, Providence, Puente Alto, Quebec, Quezon City, Quito, Raleigh, Ras al Khaimah, al Khaimah, Reykjavik, Richmond, Riga, Rio de Janeiro, Riyadh, Riyadh, Road Town, Rochester, Rome, Rosario, Roseau, Rotterdam, Saint Petersburg, St Petersburg, Salem, Salt Lake City, Salto, Salvador, Samara, San Antonio, San Francisco, San Jose, San Juan, Santa Cruz de la Sierra, Santa Fe, Santa Venera, Santiago, Santo Domingo, Santo Domingo Oeste, Sao Paulo, Schaan, Seattle, Seoul, Serravalle, SevillaIbiza, Shanghai, Sharjah, Shenzhen, Singapore, Sioux Falls, Skopje, Sofia, Spanish Town, St Louis, St Paul, Stockholm, Surabaya, Suva, Sydney, Syracuse, Taichung, Tainan, Taipei City, Tallinn, Tampa, Taoyuan City, Tartu, Tbilisi, Tehran, Tel Aviv, Thailand, Thessaloniki, Tirana, Tiraspol, Tokyo, Toronto, Trondheim, Turin, Vaduz, Valencia, Valencia, Valletta, Vancouver, Victoria, Vienna, Vilnius, Virginia Beach, Warsaw, Weno, West Valley City, Wichita, Wilmington, Winnipeg, Wroclaw, Wuhan, Yekaterinburg, Yerevan, Yokohama, Yonkers, Zagreb, Zaragoza, Zurich,Kabul, Algiers, Andorra la Vella, Luanda, Dhaka, Bridgetown, Holetown, Thimphu, Gaborone, Bandar Seri Begawan, Bujumbura, Phnom Penh, Yaounde, N'Djamena, Kinshasa, Cairo, Alexandria, San Salvador, Addis Ababa, Libreville, Banjul, Accra, Kumasi, Georgetown, Baghdad, Mosul, Jerusalem, Haifa, Kingston, Amman, Nairobi, Mombasa, Vientiane, Beirut, Monrovia, Tripoli, Antananarivo, Bamako, Rabat, Yangon, Mandalay, Windhoek, Kathmandu, Managua, León, Niamey, Zinder, Lagos, Muscat, Karachi, Lahore, Koror, Lima, Arequipa, Kingstown, Apia, Freetown, Bo, Mogadishu, Omdurman, Damascus, Aleppo, Dar es Salaam, Mwanza, Nukuʻalofa, Tunis, Ashgabat, Kampalaa and Tashkent.
European Commission | World Trade Organization | International monetary fund | World Bank | International Labour Organization | Information Technology Association of Canada | Nasscom | Immigration Advisers Authority | Immigration Consultants of Canada Regulatory Council | American Immigration Lawyers Association | UNICEF | WHO | UNHRC | UNREFUGEES | Refugees International | UK Govt. | USA Govt. | Indonesia Govt. | Singapore Govt. | Australian Govt. | Indian Govt. | Chinese Govt. | France Govt. | Canada Govt. | Russian Govt. | Italy Govt. | ITIC | US Department of State | Whitehouse | Brazil Govt. | Mexico Govt. | Malaysia Govt. | South Africa Govt. | Germany Govt.
Our working is incredibly different, we always follow step by step approach for our clients because we very well understand that every Individual, Family and Company has completely different goals, requirements, situations and expectations.