• [En]

  +6018 777 9956

  office(at)lawofficemalaysia.com

+6018 777 9956
office(at)lawofficemalaysia.com
Company Formation Labuan

CHECK COMPANY
NAME AVAILABILITY (Step 1)



Articles

Imports and Exports in Labuan

Updated on Sunday 19th August 2018

Rate this article
5 5 1
based on 2 reviews


Imports-and-Exports-in-Labuan.jpgMalaysia is a solid trading hub with connections and business collaborations with countries worldwide. Being part of Malaysia, Labuan is an offshore jurisdiction where foreign investors can set up import and export companies in respect to the applicable laws for this province. In terms of partners, Malaysia, including Labuan, has business trades with Asian countries, with Europe, South Africa, and America. Foreign investors who want to start an offshore company in Labuan are invited to talk to our team of company incorporation specialists in Labuan for assistance and information.
 

What do Labuan companies export worldwide?

 
Medical equipment, plastic articles, machinery, vehicles, iron and steel products, rubber, wood, mineral fuels, and organic chemicals are a few of the items exported by Labuan at an international scale. China, USA, Singapore, Thailand, and Japan are just a few of the important trading partners of Malaysia. In matters of numbers, products worth approximately $218 billion took the trading road of countries worldwide in 2017.  More than 72% of the Malaysian GDP is represented by the exports of this country.
 

Imports in Labuan

 
Germany, Taiwan, USA, China, Hong Kong, Japan, Thailand, Indonesia, South Korea, and Singapore are representative business partners of Malaysia in matters of imported products. Here are a few facts about the exports of Malaysia, including Labuan:
 
  • •    chemicals, iron, steel, oil, machinery, vehicles and electronics are exported products by Malaysia;
  • •    Sandakan Labuan, Kuantan, Penang, Miri, Port Kelang, Muar, and Sibu are important trading ports in Malaysia;
  • •    the Royal Customs and Excise Departments is in charge with the import and export formalities, plus the agency that collects the duties;
  • •    foreign trading companies in Labuan benefit from the excellent business environment and a widespread system of roads with connections worldwide.
 
If you have decided for business in Labuan, and if you are interested in opening a company in Labuan, we invite you to send your inquiries to our team of advisors in Malaysia. Feel free to contact us at any time.
 
 

Comments

There are no comments

Comments & Requests


Please note that client queries should NOT be posted here but sent through our Contact page.

Meet us in Labuan


Call us now at +6018 777 9956 to set up an appointment with our business consultants in Labuan. Alternatively you can incorporate your company without traveling to Labuan.

As a Best March Inc client, you will benefit from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Labuan.

Contact us