//Create a control inherited from Label and add the following code.
protected override void WndProc(ref Message m)
{
const int WM_NCHITTEST = 0x0084;
const int HTTRANSPARENT = (-1);
if (m.Msg == WM_NCHITTEST)
{
m.Result = (IntPtr)HTTRANSPARENT;
}
else
{
base.WndProc(ref m);
}
}