Single Family Office

Updated:

QX Trust Co

QX Trust Co structures family-office and private-client vehicles inside Labuan IBFC, leveraging OECD-compliant substance rules and a 3% trading-tax regime.

QX Trust Co

Set up a Labuan company with expert guidance. We provide Labuan company formation, incorporation, licensing advisory, tax planning and cross-border corporate services for international businesses across Asia Pacific.

General information

Firm type

Single Family Office

Year founded

AUM

Undisclosed

Location

Region

Asia

Country

Malaysia

City

Labuan

Corporate office

Labuan, Malaysia

Sector focus

Digital Assets & BlockchainFinTechInsuranceIslamic FinanceReal Estate

Frequently asked questions

What is QX Trust Co's actual service — does it manage assets or build structures?

It builds structures, not portfolios. QX Trust Co is a corporate-services and jurisdictional-advisory firm that incorporates Labuan entities, handles licensing, and maintains ongoing substance compliance. For private clients and family offices, this means the firm provides the compliant legal wrapper — trading companies, holding vehicles, trusts or foundations — but there is no indication it exercises discretion over investment decisions.

How does Labuan's tax treatment compare with the zero-tax offshore centers?

Labuan imposes a 3% tax on net audited trading profits and zero tax on investment-holding profits, alongside substance obligations that include local employees and annual audited accounts. Unlike zero-tax havens, Labuan has been whitelisted by the EU and can issue corporate and personal tax-residency certificates from Malaysia's Inland Revenue Board, which QX Trust Co cites as critical for treaty access and CRS-era credibility.

Does the firm support digital-asset and crypto structures?

Yes. QX Trust Co advises on Labuan's regulated crypto exchange licences, e-payment platforms and token issuance. It also works with IDAC 2.0, the jurisdiction's Shariah-compliant blockchain hub, where Islamic digital entities received a five-year full income-tax exemption through YA2028. The firm notes that exchange applicants can go live in a production environment rather than a sandbox.

What substance requirements does a Labuan entity face post-BEPS?

A Labuan entity must maintain a minimum of two full-time employees based in Labuan, incur at least MYR 50,000 in annual operating expenditure for trading activities, hold one board meeting per year in Labuan, and keep accounts audited in the jurisdiction. The firm's website underscores that these requirements are what enable the entity to claim substance-based income exclusion and obtain tax-residency certificates.

Is QX Trust Co's business limited to incorporation, or does it handle ongoing operations?

It covers the full lifecycle. Beyond incorporation, its corporate-support practice includes compliance coordination, secretarial services, annual return filings and substance management. The firm also assists with corporate and personal bank account opening across nine currencies, corporate amalgamation and re-domiciliation — extending beyond a one-time formation service.

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