Labuan Company Formation

Start your forex broking business in Labuan

Labuan, Malaysia, a relatively new entrant in the field of forex broker licensing, has grown in stature to become a globally recognized jurisdiction for obtaining a forex license. A Money Broking license in Labuan, Malaysia provides forex brokers with several advantages over other jurisdictions, including relatively low capital requirements, access to quality banking and PSP options, and a quick license approval process. Labuan companies are permitted to own controlling stakes in domestic Malaysian companies and to conduct shipping operations with non-residents. Continue reading to learn why Labuan, Malaysia is now on the radars of both new and established forex brokers.

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Process

Forex in Labuan

Forex Solution provides a complete solution for Labuan FSA and Malaysian forex company formation.

INTEGRATED SERVICES

We, at Forex Solution, provide advanced integrated services.

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1. Apply

Apply for a forex asset manager license with Forex Solutions

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2. Register

Register your new business successfully.

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3. conditional requirements

Provide all documents required by the FSA for license approval.

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4. Start

Set up your Forex business at Labuan.

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5. Time Frame

The licenses are generally approved in 2 – 3 months.

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Documents Required

  • A physical presence in Labuan is required and at least two local employees.
  • Notarized copy of passport (Should be notarized in English)
  • Utility bill for the previous three months (Should be notarized in English)
  • Bank reference letter for a director/shareholder
  • Reference letter from a lawyer
  • A duplicate of the educational degree certificate (Should be in English)
  • CV of a Director/Shareholder

Minimum Paid-up Capital Required

  • The minimum capital requirement is 500,000 Malaysian Ringgit ($120,000).

License Renewal Cost

  • NA

Note: Ad hoc additional documents may be requested from any authority or institution at any time during the process.

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