Guide · Trust Companies

What your trust company actually does — and what it doesn't

Every Labuan company is legally required to have one. Here's what you're actually paying for, why you can't skip it, and the honest answer on what it costs.

Last reviewed: August 28, 2026

Why it's mandatory, not a service you can shop away from

Only a licensed Labuan trust company can lodge your incorporation filing with the Labuan Financial Services Authority (LFSA) in the first place — this isn't optional, and it isn't a one-time transaction. Once your company exists, the same trust company stays attached to it as your registered office and statutory agent for as long as the company does. You can change which trust company you use, but you can't operate a Labuan company without one at all.

What "registered office" actually means

It's a real, physical, staffed address in Labuan — not a mailbox and not a virtual address. Since the 2019 substance rules, a registered agent's address alone no longer qualifies as genuine presence; it has to be a real office where statutory notices and regulator correspondence legally land. This is separate from (though related to) the substance requirement itself — see our compliance guide for the full staffing and expenditure thresholds.

What a resident secretary actually does, day to day

Records

Statutory records & minute books

Maintaining the official register of directors, shareholders, and resolutions — the paper trail LFSA expects to exist and be current.

Filings

Annual LFSA filing

Lodging your company's annual return on time — a hard deadline, not a courtesy reminder.

Liaison

Regulator contact point

When LFSA has a question about your company, it goes to your trust company first — they're the official point of contact, not you directly.

Compliance

Ongoing KYC / AML checks

Trust companies re-verify you periodically as a client, not just once at onboarding — they're your compliance gatekeeper, not only an admin service.

What it costs — the honest answer

Here's something we could dress up, but won't: no Labuan trust company publishes what they actually charge for registered office and statutory agent services — not the large, established names, not the smaller boutique ones. It's not that the number is secret; it's that it genuinely depends on your structure and who you end up working with, and every provider treats it as a quote, not a price list.

What actually drives the number: how complex your entity is, whether you need ongoing company secretarial support beyond the statutory minimum, and which trust company you choose — a boutique operator and a large institutional one price this differently. It's also a recurring annual cost, not a one-time fee — you're paying for an ongoing legal relationship, not a single filing.

We're not going to invent a figure just to have one on the page. What we can do is connect you with a real trust company so you get an actual number, not a guess from a website that won't tell you either.

Not financial or legal advice. Trust company fees, scope of service, and exact statutory obligations vary by provider and can change — confirm current terms directly with your trust company before signing anything.