Trust Services

A licensed trustee you can rely on.

ITMC Fiduciary Limited is licensed by the Labuan FSA to act as trustee, with over two decades of experience managing trust structures, custodian functions and fiduciary obligations for clients across Asia-Pacific.

Fiduciary obligations, taken seriously.

A trust is only as reliable as the trustee behind it. ITMC holds a licence from the Labuan FSA to act as trustee under the Labuan Trusts Act. We treat each trust as a distinct obligation, not as a routine filing or a name on a document.

Our trustee engagements are managed directly by senior members of the ITMC team, with Colin Seah bringing over three decades of Labuan experience to every structure we hold as trustee.

  • Trustee services for Labuan discretionary and fixed trusts
  • Custodian services for asset-holding structures
  • Custodian trustee for Labuan unit trust funds
  • Custodian trustee for bondholders
Labuan FSA Licensed Trustee Licence No. LT0030

Clients we work with.

Estate planners structuring intergenerational wealth transfers. Family offices requiring a Labuan-licensed trustee for asset protection structures. Fund managers operating Labuan unit trusts who need a licensed custodian trustee. Bond issuers requiring an independent trustee to represent bondholder interests.

A trustee that acts like one.

We do not treat trustee functions as passive administration. We monitor trust terms, review assets under custody, follow developments in Labuan trust law, and ensure every trust structure remains properly constituted and compliant with current regulatory requirements.

Clients who appoint ITMC as trustee deal directly with experienced professionals, not with intermediaries or back-office staff who have no accountability for the outcome.

Common questions about Labuan trusts.

What is a Labuan trust?

A Labuan trust is a wealth-preservation vehicle established under the Labuan Trusts Act 1996, used for asset protection, succession planning, and estate preservation. It separates legal ownership (trustee) from beneficial ownership (beneficiaries).

What types of trusts are available in Labuan?

Four main types: Purpose Trusts (non-charitable purposes), Charitable Trusts, Labuan Special Trusts (LST, with retained settlor powers), and Spendthrift Trusts. Source: Labuan Trusts Act 1996.

Who can be a trustee of a Labuan trust?

Only a licensed Labuan trust company, such as ITMC, can act as professional trustee of a Labuan trust.

Can non-residents be beneficiaries of a Labuan trust?

Yes. A Labuan trust can be established by non-resident settlors and benefit non-resident beneficiaries, making it suitable for international families and asset structures.

Is trust income taxable in Labuan?

A Labuan trust is taxed as a Labuan entity: 3% on trading income or 0% on non-trading income, subject to substance requirements. Distributions to non-resident beneficiaries are generally not subject to Labuan withholding tax.

What is a Labuan private trust company?

A private trust company (PTC) is a Labuan entity set up for the specific purpose of acting as trustee of one or more trusts established by a connected group (typically a single family or settlor). Allows private governance while retaining Labuan's regulatory framework.

How long does it take to set up a Labuan trust?

Typically 4 to 8 weeks from initial instruction to fully operational trust, depending on the complexity of assets and beneficiaries.

Need a licensed Labuan trustee?

Speak with our team. No obligation, complete discretion.

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