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Question: Does the Labuan Company need to appoint Bona Trust Corporation as Tax Agent?
9-1. About Corporate tax
Answer: It is recommended, as every Labuan Company is obliged to report its tax position with the Inland Revenue Board within three months from the commencement of a year of assessment. If Bona Trust Corporation is not the tax agent, you are required to furnish us details of your tax agent and copies of the filed tax document for our records.