1.

Definition Offshore Companies

- Company incorporated for the purpose of operating outside the country of
its registration and/or;
- The place of residence of its directors, shareholders and beneficial owners.
- Get various financial, legal or tax benefits.
2. Offshore Trading Activity
- Non-Trading Activity
- Activity relating to the holding of investments in securities, stock, shares,
loans, deposits and;
- Immovable properties by an offshore company on its own behalf
- Tax payable = NIL
Company with:
1) Labuan Trading Activities ---> tax rate 3% x net profit
Or RM 20,000 per y/a
2) Non-Trading Activities ---> tax payable NIL
3) Company with Trading and Non-Trading Activities = Tax payable RM 20,000