Labuan International Business and Financial Centre (Labuan IBFC)
is at the forefront of international cross-jurisdictional wealth
planning, offering high-net-worth individuals a plethora of wealth
creation and wealth preservation structures in both conventional
and Islamic forms.
High-net-worth individuals will find a comprehensive stable of
private wealth management vehicles on offer in Labuan IBFC ranging
from common law trusts to civil law foundations. Labuan IBFC is the
only jurisdiction in Asia that offers private foundations as a
wealth management solution.
WHAT ARE FOUNDATIONS?
A Labuan foundation, as provided by the Labuan Foundations Act
2010, is a corporate body with a separate legal entity, established
to manage its own property for any lawful purpose, be it for
charitable or non-charitable purposes.
