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Possessing such a permit as offshore bank license in Labuan requires passing through a complicated process. All local commercial structures are administered by Labuan FSA. This authority is in charge of managing jurisdiction’s International Center and acts as main local enforcement body. Firms intending to get permission for such activities apply in person to FSA.
Entrepreneurs get such permission if they do any of next-mentioned:
To get offshore-banking license Labuan, applicants should possess branch or subsidiary-firm established locally and also follow one of next-mentioned:
In addition to norms for Labuan banking licenses, enterprises need to fill a clause about directors and senior heads of organizations providing evidence that they have the appropriate skills and experience to perform their functions in the company.
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