Labuan fund manager licence, filed under our own licence.
Active investment management for discretionary and non-discretionary mandates. RM300K capital, AUM scaling factor, 3 percent tax at substance compliance.
Make an enquiryFund manager licence, capital and substance combined.
As applicants enter Labuan FSA fund manager licensing, the RM300,000 capital floor scales with AUM above RM150 million, and professional indemnity insurance of RM1 million is required. The principal officer must hold capital market qualifications, and substance compliance is the gate between the 3 percent and 24 percent tax rates.
QX Trust files fund manager applications under our own Labuan FSA licence as the recognised party, drafting the business plan, sourcing principal officer credentials and arranging professional indemnity before the file is opened.
Your fund manager 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 fund manager file.
Six deliverables prepared and assembled under one channel before submission to Labuan FSA.
Business plan and strategy
A business plan covering investment strategy, target AUM, target client base and fee structure.
Capital and AUM scaling
RM300,000 paid-up capital evidenced via Labuan-bank account. AUM scaling projections at 0.2 percent above RM150 million prepared.
Professional indemnity insurance
Professional indemnity insurance of at least RM1 million arranged and evidenced before submission.
Principal officer credentials
Diploma plus 3 years capital market experience or direct fund management experience evidenced through CV and qualifications.
Substance plan
At least two directors, an adequate number of full-time employees in Labuan, adequate annual operating expenditure as prescribed under the Labuan substance regulations, Labuan office and technology infrastructure documented.
AML, governance and reporting
An AML manual, KYC for fund subscribers, governance framework and supervisory reporting calendar calibrated to fund management practice.
Four steps from scope to grant.
One channel, one owner, one timeline across the four phases of a Labuan fund manager licence application.
Pre-licensing audit
Investment strategy, capital plan, principal officer credentials and substance footprint benchmarked against Labuan FSA fund manager criteria.
File scope and drafting
Business plan, constitutional documents, fit-and-proper questionnaires, PI policy and substance plan drafted and assembled.
Submission and dialogue
File submitted under our Labuan FSA licence. We absorb regulator queries throughout the review, with timelines that vary with file completeness and regulator dialogue.
Licence grant and handover
Approval issued by Labuan FSA. We hand over operating documentation, AUM monitoring schedule and substance-compliance calendar.
Capital, substance and qualification, one file.
Labuan fund manager 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 floor of RM300,000 plus 0.2 percent AUM scaling above RM150 million.
- Substance: at least two directors, an adequate number of full-time employees in Labuan and adequate operating expenditure as prescribed, local office.
- Principal officer with diploma plus 3 years capital market or fund management experience.
- Professional indemnity insurance of at least RM1 million arranged before filing.
Frequently asked.
Direct answers on capital, substance, timelines, tax and cross-border management.
What is a Labuan fund manager licence?
A Labuan fund manager licence authorises active investment management for discretionary and non-discretionary mandates. The licence covers fund-of-funds, private equity, hedge fund, real estate and multi-asset strategies under Labuan FSA framework.
What capital does a Labuan fund manager need?
RM300,000 paid-up capital unimpaired by losses. Where AUM exceeds RM150 million, additional capital of 0.2 percent of AUM in excess of RM150 million is required. Professional indemnity insurance of at least RM1 million is mandatory.
What substance does a Labuan fund manager need?
At least two directors, an adequate number of full-time employees in Labuan and adequate annual operating expenditure in Labuan as prescribed under the Labuan substance regulations, a local Labuan office, and a principal officer with diploma plus 3 years capital market experience or direct fund management experience.
How long does the Labuan fund manager licence take?
Timelines vary with file completeness and regulator dialogue. Bottlenecks usually arise from incomplete director vetting, missing capital documentation or unclear AUM projections.
What is the tax rate for a Labuan fund manager?
Three percent of audited net profits when substance requirements are met. Non-compliance with substance triggers a 24 percent tax rate. We design substance compliance into the operating model from day one.
Can a Labuan fund manager manage non-Labuan funds?
Yes. A Labuan fund manager may manage Labuan-domiciled and foreign-domiciled funds, subject to host-jurisdiction recognition where required. Cross-border mandate structures are mapped during the pre-licensing audit.
Scoping a Labuan fund manager licence?
Tell us about your strategy and target AUM. We benchmark the capital, design the substance, and route the file under our Labuan FSA licence.
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