It has now been established how attractive a proposition Labuan is as a domicile for an insurance and insurance-related business. The midshore financial centre continues its ascendency as one of the fastest growing and most favourable financial risk management centres in Asia.
This is indeed music to the ears of those with Labuan in their minds as the domicile for their insurance broking company. However, it’s crucial to have a basic understanding of the layouts for establishing an insurance broking company on the island before proceeding with plans to set-up base.
This quick information will provide you with awareness on what is required to kick start the establishment of your operations.
In the final instalment of the Labuan insurance broker series, we will take a quick look at company incorporation and issuance of licence certificates. Stay tuned!