AN INTRODUCTION TO ASSET LEASING IN LABUAN IBFC
Over the years, Labuan International Business and Financial
Centre's (Labuan IBFC) leasing sector has grown in tandem with
the region's economic growth, as demand for capital equipment
has showed no sign of abating in order to meet the demands of an
economically developing region.
The ease through which leasing transactions can be structured,
along with access to a highly efficient tax framework has no doubt
worked in Labuan IBFC's favour as it is now home to nearly 400
leasing companies, all of which are reaping the benefits of
structuring leasing arrangements via Labuan IBFC. Companies from
the oil and gas industry, airlines, shipping and other large
corporations are structuring their leasing arrangements via Labuan
IBFC's efficient tax regime and business-friendly regulatory
environment.
