Frequently Asked Questions about Brunei
The following are some of the most frequently asked questions about Brunei Company Formation: |
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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. |
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. |
Buy the Brunei chapter of Healy Consultants' Asia Business Set Up book, to order call +65 6735 0120 or e-mail email@healyconsultants.com
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