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Question: Are there any penalties for the Labuan foundation annual renewal?
3-3. About Labuan Foundation Renewal
Answer: Yes, if the renewal fees payment are made later than the anniversary due date, then the penalty will be imposed as follows:- (i) USD30 : Late Payment between 1-89 day(s) (ii) USD50 : Late Payment between 90-179 days (iii) USD400 : Late Payment more than 180 days
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