Frequently Asked Questions about Brunei
The following are some of the most frequently asked questions about Brunei Company Formation:
Are there any requirements that need to be fulfilled after setting up a company in Brunei?
How difficult is it to open a corporate bank account for a Brunei company?
What is the minimum number of directors required for a Brunei company?
Is a resident director required?
What is the minimum number of shareholders required for a Brunei company?
Are shareholder/director details available for public viewing?
What are the minimum capital requirements for a Brunei company?
Are shareholder/director details available for public viewing?
Is a Brunei company required to submit an annual tax return?
What are the tax implications of a Brunei Company formation?
Are there any requirements that need to be fulfilled after setting up a company in Brunei?
After Brunei company formation, it is necessary to appoint a Brunei auditor for the company.
How difficult is it to open a corporate bank account for a Brunei company?
Due to its stable economy, opening a corporate bank account with a reputable international bank is not difficult.
What is the minimum number of directors required for a Brunei company?
A Brunei company requires a minimum of one director.
What is the minimum number of directors required for an Indonesian company?
Under statutory regulations, an Indonesian company requires a minimum of two directors.
Is a resident director required?
A Brunei company does not require a resident director.
What is the minimum number of shareholders required for a Brunei company?
A minimum of one shareholder is required.
Are shareholder/director details available for public viewing?
No.
What are the minimum capital requirements for a Brunei company?
A Brunei company has no minimum share capital requirement.
Is a Brunei company required to submit an annual tax return?
Every Brunei company types are obliged to submit an annual tax return.
What are the tax implications of a Brunei Company formation?
A Brunei Company can legitimately conduct international business free of corporate tax, if properly structured.
Contact Us
For more information on any of our Brunei corporate services, e-mail email@healyconsultants.com or call us in Singapore at (+65) 6735 0120.
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