Labuan Licensing – Commodity Trading Companies
Labuan International Commodity Trading Company (LITC) is designed to meet the needs of companies and financial institutions wishing to tap into international trading markets in commodities such as petroleum and petroleum-related products (including liquefied natural gas (LNG)), agriculture products, refined raw materials, chemicals, base minerals, carbon credits and any other commodities as maybe approved by Labuan FSA.
LITCs are under the Global Incentives for Trading (GIFT) programme which was introduced in 2011 by the Labuan FSA. The GIFT programme is a framework of incentives designed to attract traders of specified commodities to use Malaysia as their international or regional trading base.
For more information, do not hesitate to contact us.