Labuan Company is a very flexible corporate entity. As such it can be integrated into a wide variety of business arrangements and settings. Reduced tax and increased confidentiality are among the main benefits conferred to Labuan Company which can be achieved by a proper application of company structure and arrangement. Labuan Company can be utilised for a variety of commercial and private purposes. Labuan company may enter into contracts, open bank accounts, purchase and sell various products and services, own property. Typical uses to which a Labuan company might be utilised, and a few actual examples are :- Investment Holding, Trading Activities, Property Ownership, Shipping Business, Banking Business, Insurance Business, Investment, Professional Services, Outsourcing Services, Patent, Copyright, Royalty, Captive Insurance and Special Purpose Vehicle.