Labuan factoring company licence, filed under our own licence.
Receivables factoring, invoice discounting and trade finance under Labuan FSA. Capital, scope and substance designed before filing.
Make an enquiryFactoring licence, scope and credit-risk combined.
As applicants enter Labuan FSA factoring company licensing, capital is set case-by-case against the factoring book risk. Counterparty concentration limits apply across seller and buyer credit, and substance must scale to portfolio size and operating complexity.
QX Trust files factoring applications under our own Labuan FSA licence as the recognised party. We draft the activity scope, credit framework and substance plan before the file is opened with the regulator.
Your factoring file, filed directly by the licensed firm.
QX Trust Co. Ltd is a Labuan Managed Trust Company headquartered in Labuan IBFC. We file applications as the recognised party, not through an intermediary. We serve you in English, Chinese and Malay.
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Labuan FSA licensed
LMT0081
Our Labuan licence
EN + ZH + MS
Language desks
Labuan IBFC
Headquartered
What sits in the Labuan factoring file.
Six deliverables prepared and assembled under one channel before submission to Labuan FSA.
Business plan and product scope
A business plan covering recourse and non-recourse factoring, supply-chain finance, target client industries and trade flows.
Capital plan
Capital plan calibrated to expected factoring book size, counterparty concentration and credit-risk profile. Funding source documentation prepared.
Credit-risk framework
Seller and buyer credit assessment methodology, concentration limits, recourse-policy and collection-procedure framework documented.
Fit-and-proper vetting
Director, principal officer and shareholder vetting prepared for Labuan FSA prior-approval. Trade-finance experience evidenced.
Operational substance
Labuan physical office, credit and operations team, technology infrastructure and supervisory framework documented, sized to the Labuan substance regulations.
AML, governance and reporting
AML manual, KYC for sellers and buyers, governance framework and supervisory reporting calendar prepared.
Four steps from scope to grant.
One channel, one owner, one timeline across the four phases of a Labuan factoring licence application.
Pre-licensing audit
Business model, product scope, capital plan and substance footprint benchmarked against Labuan FSA factoring criteria.
File scope and drafting
Business plan, credit framework, constitutional documents, fit-and-proper questionnaires and operational substance plan drafted.
Submission and dialogue
File submitted under our Labuan FSA licence. We absorb regulator queries and coordinate director-approval steps.
Licence grant and handover
Approval issued by Labuan FSA. We hand over operating documentation, supervisory reporting calendar and AML framework.
Capital, scope and credit risk, one file.
Labuan factoring licences pass or fail on three parallel tests. We coordinate all three under a single Labuan-FSA licensed channel, before the file enters review.
- Capital plan calibrated to factoring book size and counterparty concentration.
- Scope schedule covering recourse, non-recourse, supply-chain and discount lending.
- Credit-risk framework with seller and buyer assessment methodology.
- Substance plan with qualified credit team and Labuan office.
Frequently asked.
Direct answers on factoring scope, capital, activities, residency and substance.
What is a Labuan factoring company licence?
A Labuan factoring company licence authorises the purchase of trade receivables at a discount, providing working capital to seller clients. Activity covers domestic and cross-border invoice factoring, supply-chain finance and discount lending.
What capital does a Labuan factoring company need?
Capital is set by Labuan FSA on a case-by-case basis depending on activity scope, expected book size and counterparty concentration. The benchmark scales to factoring-portfolio risk profile.
What activities can a Labuan factoring company undertake?
Recourse and non-recourse factoring, invoice discounting, supply-chain finance, reverse factoring, and ancillary trade-finance services. Activity scope is defined in the licence conditions.
Can a Labuan factoring company deal with Malaysian residents?
Labuan factoring companies operate in foreign currency for international trade flows. Dealings with Malaysian residents are restricted to defined categories permitted under Labuan FSA framework.
What substance does a Labuan factoring company need?
Physical office in Labuan, qualified credit and operations team, AML/CFT compliance and ongoing supervisory reporting. Substance scales to the size of the factoring portfolio under management.
How long does the Labuan factoring company licence take?
Timelines depend on the completeness of your file and Labuan FSA's review. Director and principal officer prior-approval, business plan review and capital adequacy assessment all drive how fast you move.
Scoping a Labuan factoring company licence?
Tell us about your factoring book. We benchmark the capital, design the credit framework, and route the file under our Labuan FSA licence.
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