Company Formation in Brunei

Registering a limited company in Brunei takes approximately 3-4 weeks and the process is conducted remotely.

Registering an international limited partnership takes around 10 working days, check in with our experts for information about ILPs.

The whole incorporation process can be conducted remotely. No travel is necessary. Notarization of documents is necessary.

• A Power of Attorney (POA) from (all) partners is needed;
• The POA is sent to you by us based on the services you want;
• You have to certify the POA by a notary and in some cases legalize it by apostille (some countries need full legalization);
• Once you have the POA on your hands, we double-check, and you send us the original form (physical document!) via courier to our address;
• Brunei Darussalam is part of the Hague Convention of the Apostille.

• 3 options of your desired name for the company and a company contact email address;
• Names, addresses, and emails of all shareholders and board members;
• Short description of your company’s activity.

• Passport copies (a scan) of all mentioned individuals above and a beneficiary owner if applicable;
• A Power of Attorney (in case of a remote company registration);
• Certified company documents (in case at least one of the shareholders is going to be a foreign company).

Companies in Brunei are taxed at a rate of 18.5%. No personal income tax nor capital gains tax are levied in Brunei.

There is a specific type of legal entity in Brunei which is exempt from corporate taxation: the International Limited Partnership. Ask our experts for information about ILPs in Brunei.

Many countries have bilateral conventions to avoid double taxation and prevent fiscal evasion.

In Brunei, company accounts have to be held up to date and books need to be available at any time within the registered office of the company in Brunei.

• Audit of the accounts is compulsory under the law;
• Financial statements need to be ready for audit within 9 months after the end of the financial year;
• In the specific case of International Limited Partnerships, filing yearly is required.

A Brunei company needs at least 2 directors. 1 of them has to be a resident of Brunei.

2 shareholders are required but without any residential or passport requirements.

A registered office is required and is included in our services.

LegalBison offers help with all of the above requirements. We assist and are local on the ground. Speak now for free with one of our consultants to get your business started.