Recognising the growing population of high-net-worth individuals in the Asia Pacific region, Labuan IBFC offers the services of private trust companies to facilitate the management and administration of family wealth for the purposes of dynastic planning and wealth transfer.

A Labuan private trust company (PTC) is a Labuan company formed for the specific purpose of acting as a trustee for a group of connected persons and where each beneficiary of the trust established by the PTC is a connected person related to the settlor of the trust. In a PTC, the settlor, members of his family or his advisers can be appointed to the board of directors. The composition of the board can be changed from time to time to bring in members of succeeding generations and in this way, involve them in the management of family affairs.