Labuan trading and leasing licences, filed under our own licence.
Commodity trading and leasing categories under Labuan FSA. Coordinated by a Labuan FSA licensed trust company.
Make an enquiryTrading and leasing licences, where substance is the test.
As applicants approach Labuan FSA for an international commodity trading company or a leasing licence, the regulator weighs business spending in Malaysia, professional trader headcount and operational footprint in Labuan more heavily than capital. Shortfalls trigger a 24 percent tax rate.
QX Trust files trading and leasing applications under our own Labuan FSA licence as the recognised party, designing the substance plan, FTE structure and Malaysian spend allocation before the file is opened.
Your trading or leasing 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
Two licence categories. One filing channel.
Pick the route closest to your activity. Both run through a Labuan FSA licensed trust company.
Labuan commodity trading licence
Buy, sell and broker petroleum, LNG, minerals, agriculture and chemicals under Labuan LITC framework.
Read moreLabuan leasing company licence
Asset and equipment leasing under Labuan FSA with substance compliance from day one.
Read moreSubstance plan sized to LITC and leasing rules.
Trading and leasing licences pass or fail on substance compliance. We benchmark the spend, the trader headcount and the Labuan-office footprint against published rules before scoping the file.
- LITC: three professional traders, two Labuan-resident FTE, RM3 million Malaysian spend.
- Leasing: Labuan operational office, RM100,000 annual operating expenditure.
- Permitted activities and ancillary scope mapped in the licence application.
- Filing routed through our Labuan FSA licence, not via intermediary.
Frequently asked.
Direct answers on commodity scope, substance, tax and leasing rules.
What is a Labuan International Commodity Trading Company?
A Labuan International Commodity Trading Company (LITC) is licensed under the Labuan Financial Services and Securities Act 2010 to buy, sell and broker physical commodities and related derivatives in foreign currency. Permitted commodities include petroleum, LNG, minerals, agriculture and chemicals.
What substance does a Labuan LITC require?
LITCs must employ at least three professional traders, with two full-time employees based in Labuan. Annual business spending of at least RM3 million payable to Malaysian residents is required, with at least RM100,000 for operations in Labuan.
What is the tax rate on Labuan trading and leasing?
Labuan trading activities are taxed at 3 percent of audited net profits when substance requirements are met; non-trading activities at 0 percent. Tax treatment of a leasing company depends on its activity classification. Labuan sits outside Malaysia's principal customs area, with customs-duty and sales-tax exemptions on most goods.
What does a Labuan leasing company need for substance?
Labuan leasing companies must maintain an operational office in Labuan with core income-generating activities carried out from the Labuan office. A minimum annual operating expenditure in Labuan of RM100,000 is required under the substance regulations.
Can a Labuan LITC undertake ancillary activities?
Yes. LITCs may undertake businesses ancillary to permissible commodity trading, including leasing, consultancy and brokerage. Each ancillary activity must remain consistent with the LITC licence conditions.
Scoping a Labuan trading or leasing licence?
Tell us about your activity. We design the substance, scope the licence, and route the file under our Labuan FSA licence.
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