Labuan’s captive numbers increase 16% in in 2024 to 71

Labuan has seen a 16% increase in the number of licensed captives domiciled in the jurisdiction, reaching 71 in 2024, according to the 2024 Labuan International Business and Financial Centre (IBFC) market report.

The domicile has also seen 24% rise in the number of cells, bringing the total to 31.

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