Our Firm

About ITMC Fiduciary

We set up and administer Labuan companies, partnerships, foundations and trusts for international and Malaysian clients. Licensed by Labuan FSA. Independent, and led by referral.

From Island Trust in 1996 to ITMC today.

In 1996, Colin Paul Seah co-founded Island Trust and Management Company Sdn Bhd as a joint venture with one of Australia's oldest accounting firms. It was registered as the 16th trust company in Labuan and grew steadily over the following years into one of the larger Labuan trust practices.

In 2003, following amendments to Labuan trust law (the Labuan Trust Companies Act 1990, since repealed and replaced by the Labuan Financial Services and Securities Act 2010), ITMC Fiduciary Limited was established to take over the business activities of Island Trust. The same team, same clients, same standards: now under the regulatory framework that governs Labuan today.

We are not a large bureaucracy. We are a focused firm in Labuan that serves active client structures across 35 countries. We have not advertised in over three decades. Our clients arrive through referral, and over our history very few clients have ever asked to move their structure elsewhere. We have never been the subject of a complaint to the regulator.

Meet the team  →

"To provide the utmost in discretion, professionalism and proactive advising in trust company services, and continually seek to add value to the quality of our services."

ITMC Mission Statement
1996 Founded as Island Trust
2003 ITMC established
35 Countries served
LT0030 Labuan FSA licence

Three decades of Labuan practice.

1996

Island Trust founded

Colin Paul Seah co-founds Island Trust and Management Company Sdn Bhd, in joint venture with one of Australia's oldest accounting firms. It is registered as the 16th trust company in Labuan.

2003

ITMC Fiduciary Limited established

Following amendments to Labuan trust law, ITMC Fiduciary Limited is established to continue Island Trust's practice under the regulatory framework that governs Labuan today.

2010

Leadership in the industry

Colin Paul Seah served as Chairman of the Association of Labuan Trust Companies (ALTC) from 2010 to 2012.

Today

A practice built on continuity

More than 1,300 entities formed since 1996, over 200 structures under active administration, and clients across 35 countries, all served from one office in Labuan.

Regulated. Accountable. Trusted.

ITMC Fiduciary Limited is licensed by the Labuan Financial Services Authority (Labuan FSA), the dedicated regulatory body overseeing all financial and business activity within Labuan IBFC.

Our licence authorises us to act as trustee and to provide company management services to our clients. Every engagement is conducted in accordance with the Labuan Companies Act 1990 and relevant Labuan laws and regulations.

Operating in Labuan since 1996, we have maintained a clean regulatory record throughout our history. We apply the highest standards of anti-money laundering and counter-financing of terrorism (AML/CFT) compliance and keep our clients' structures fully up to date with the jurisdiction's evolving regulatory requirements.

Labuan FSA Licensed Licence No. LT0030

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