Labuan
|
OFFICIAL NAME |
Federal Territory of Labuan |
|
OFFICIAL LANGUAGE |
Malay |
|
POPULATION |
100,000 |
|
TIME ZONE |
UTC + 8 |
|
DAYLIGHT SAVING TIME |
No |
|
CURRENCY |
Ringgit |
|
INTERNET TLD |
.my |
|
CALLING CODE |
+60 |
|
DRIVE ON THE |
LEFT |
|
ELECTRICITY |
230 V 50 Hz |
|
NATIONAL SHAREHOLDERS |
No |
|
RESIDENT DIRECTORS |
No |
|
COMPANY SECRETARY |
Mandatory |
|
MINIMUM SHARE CAPITAL |
No |
|
AUDIT REQUIREMENTS |
Yes |
|
TAXATION SYSTEM |
Territory based |
|
LEGAL SYSTEM |
Common Law |
|
BEARER SHARES |
No |
|
COMPANY REDOMICILIATION |
No |
|
LOCAL MEETING |
No |
