Labuan trust company licence, filed under our own licence.
Full trustee, trust administration and trust drafting services under Labuan FSA. Governance, fit-and-proper vetting and operational framework designed before filing.
Make an enquiryTrust company licence, governance carries the file.
As applicants approach Labuan FSA trust company licensing, the regulator looks beyond capital to fiduciary competency, internal policies and controls, technology framework, board and principal officer track record, and ongoing trust-administration governance.
QX Trust files trust company applications under our own Labuan FSA licence as the recognised party, drafting the governance framework, fit-and-proper documentation and operational controls before the file is opened with the regulator.
Your trust company 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 trust company file.
Six deliverables prepared and assembled under one channel before submission to Labuan FSA.
Business plan and trust scope
A business plan covering trust types served, target client base, fee structure and trust-portfolio projections.
Capital plan
Capital plan calibrated to operational scope and trust-portfolio size. Capital evidenced via Labuan-bank account, unimpaired by losses.
Fit-and-proper vetting
Director, principal officer and trust officer vetting prepared for Labuan FSA prior-approval. Fiduciary track record evidenced.
Trust administration framework
Trust deed templates, trustee discretion guidelines, beneficiary communication protocols, asset-custody arrangements and audit trail framework.
Operational substance
Labuan office, qualified trust team, technology infrastructure, internal controls and supervisory framework documented.
AML, governance and reporting
An AML manual aligned to fiduciary obligations, KYC for settlors and beneficiaries, governance framework and supervisory reporting calendar.
Four steps from scope to grant.
One channel, one owner, one timeline across the four phases of a Labuan trust company licence application.
Pre-licensing audit
Business model, trust scope, capital plan and substance footprint benchmarked against Labuan FSA trust company criteria.
File scope and drafting
Business plan, governance framework, trust administration documentation, constitutional documents and fit-and-proper questionnaires drafted.
Submission and dialogue
File submitted under our Labuan FSA licence. We absorb regulator queries and coordinate director and trust-officer approval steps.
Licence grant and handover
Approval issued by Labuan FSA. We hand over operating documentation, supervisory reporting calendar and trust-administration framework.
Frequently asked.
Direct answers on trust company scope, managed-trust variant, capital, substance and trust types.
What is a Labuan trust company licence?
A Labuan trust company licence authorises a firm to carry on trust business in or from Labuan, including acting as trustee, providing trust administration, drafting trust deeds and managing trust assets under the Labuan Financial Services and Securities Act.
What is a managed trust company?
A Labuan managed trust company is a smaller variant whose business is managed by a licensed Labuan trust company under a service agreement. The structure lowers operational thresholds while preserving regulatory standing.
What capital does a Labuan trust company need?
A Labuan trust company must show capital or working funds of at least RM150,000 or its foreign-currency equivalent, unimpaired by losses. Labuan FSA may set this higher based on operational scope and trust portfolio size.
What substance does a Labuan trust company need?
Operational management office in Labuan, at least two approved trust officers with one domiciled in Labuan, a principal officer, professional indemnity insurance, AML/CFT compliance and ongoing supervisory reporting. Substance scales to trust portfolio size.
What trust types can a Labuan trust company handle?
Labuan trusts including discretionary trusts, fixed trusts, charitable trusts, special trusts (dual jurisdiction), purpose trusts and Labuan private foundations. Trust deed drafting and trustee services included.
How long does the Labuan trust company licence take?
Timelines depend on file completeness and Labuan FSA's prior-approval of directors and the principal officer. Governance framework review and operational substance assessment also drive the timeline.
Scoping a Labuan trust company licence?
Tell us about your fiduciary scope. We draft the governance, design the operational framework, and route the file under our Labuan FSA licence.
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