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 |