Using script to create a label on form?

[Atheist]

Welcome to VBForums.
You'd have to create a NEW instance of the label class:

Dim myLabel As New Label()

Then just set any properties you need and add it to the container you wish to hold it, commonly the form.

myLabel.Text = "Hello world"
myLabel.Location = New Point(30, 30)
Me.Controls.Add(myLabel)