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We are in Labuan, Malaysia which is Malaysia's offshore business hub. Foreigners are able to set up a Labuan company in Malaysia and pay just 3% tax on corporate profits and get a residency permit to live anywhere in Malaysia. But if you are considering incorporating in Labuan, you will need to know and understand how the business structure works, because there are substance requirements that have to be adhered to if you want to be eligible for the low tax rate. To learn more about how you can move, invest, and do business in Asia: https://offshoreinasia.com/ Interested in moving to Southeast Asia? Check out our premium expat guides on how to do it - Visas and money, Culture and dating, Safety and scams, Language and locations, Taxes and more. 👉 https://offshoreinasia.com/shop/ 👉 Follow us on Twitter/X: / offshoreinasia 👉 Follow us on Facebook: / offshoreinasia 👉 Follow us on Instagram: / offshoreinasia -------------------------------------------------------------------------------------------------------------------------------------------------------------- These are some of the products that we use while traveling, and you may find useful as well. 👇 For competitive rates on international money transfers: https://wise.prf.hn/click/camref:1100... 👇 For travel medical insurance designed by nomads, for nomads: https://safetywing.com/?referenceID=O... 👇 For proof of onward travel without having to buy a full ticket: https://onwardticket.com/offshoreinasia 👇 For cheap worldwide data on your phone, try an eSIM: https://go.saily.site/aff_c?offer_id=... 👇 For crypto self-custody, use cold wallet storage: https://shop.ledger.com/?r=c4181c3ef4d8 👇 For secure offshore gold and silver vaulted storage: https://www.bullionstar.com/?r=979 👇 VPN service to keep you secure and private while online, or to access your home Netflix: https://go.getproton.me/aff_c?offer_i... 👇 Secure password manager, end-to-end encryption: https://go.getproton.me/aff_c?offer_i... DISCLAIMER: This video is not professional advice of any kind. The purpose of this video is for research and entertainment only. It is your responsibility to do your own research and verify the accuracy and timeliness of any information that we provide, and to obtain the services of a professional if necessary. If you wish to obtain professional advice from us, you need to first formally engage us to provide services. #labuan #malaysia