Brunei Company Formation

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FEES SCHEDULE

Year 1 incorporation US$2,100*

Annual fees from Year 2 US$1,100*

Nominee director fee
US$1,800**

Company de-registration
US$1,450

* Includes government licence fees, registered office for 12 months, Company secretary fees for 12 months

**Excludes US$1,100 refundable deposit.

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A Brunei International Business Company (IBC) is an excellent, tax-efficient entity through which international entrepreneurs can conduct business in Asia and internationally. The following information will help you determine whether Brunei company formation is the optimum corporate structure to fulfill your international business objectives:

Advantages of Brunei Company Formation

If properly-structured, Brunei company formation assists our clients to legitimately conduct international business free of corporate tax. In addition, Brunei is not perceived as an offshore tax haven.

A minimum of one director and one shareholder is required for Brunei company formation. The director need not be resident in Brunei, and corporate directors are permitted. Corporate shareholders are permitted. There is no public register of directors and shareholders following Brunei company formation.

Brunei company formation allows the shareholders to be any nationality, and corporate shareholders are permitted.

There is no minimum capital requirement with Brunei company formation.

A resident company secretary is required with Brunei company formation. Healy Consultants can act as your Brunei company secretary.

Oil-rich Brunei is strategically-located in southeast Asia with a stable economy and currency, and a sophisticated financial infrastructure.

Healy Consultants will open a corporate bank account to support Brunei company formation. Healy Consultants works with internationally recognized banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services.

Disadvantages of Brunei Company Formation

Following Brunei company formation, it is necessary for the company to appoint a Brunei auditor.

Every Brunei company is required to submit an annual return to the Brunei Registrar of Companies.

Brunei company formation is a time consuming process that can last two to six months. Brunei is poorly ranked as the world's 96th easiest place to do business, according to the 2009 Doing Business Survey by the World Bank .

Contact Us

For more information on Brunei company formation, email email@healyconsultants.com or call us at (+65) 6735 0120.

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