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Brunei Sendirian Berhad

 
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FEES SCHEDULE

Year 1 incorporation US$9,450*

Annual fees from Year 2 US$4,950*

Nominee director fee
US$3,800**

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 resident company is known as a Sendirian Berhad. The following information will help your Firm determine whether incorporation of a Brunei resident company is the optimum corporate structure to fulfill your business objectives in Brunei:
 

Key Requirements of a Brunei Sendirian Berhad

  
1.
A Brunei resident company requires a minimum of 2 directors. Over half of the directors appointed must be Brunei citizens or permanent residents.
  
2.
A Brunei resident company requires a minimum of 2 shareholders, who do not need to be resident in Brunei.
  
3.
Company formation of a Brunei Sendirian Berhad requires a minimum paid up capital of US$1.
 
4.
A Brunei Sendirian Berhad is required to submit an annual return with audited financial statements.
  

Advantages of a Brunei Sendirian Berhad

  
1.
The Brunei government has signed double tax agreements (DTA's) with a number of countries, including the UK, Singapore, Hong Kong, Indonesia and Japan.
 
2.
Brunei is oil rich, debt free jurisdiction located in Southeast Asia. Brunei has a stable political and economic environment, which gives investors greater confidence when incorporating their Brunei Sendirian Berhad.
  

Disadvantages of a Brunei Sendirian Berhad

  
1.
Brunei is negatively ranked as 112th out of 183 countries in the 2011 Doing Business Survey by the World Bank. It is not easy to form a Brunei company and can take approximately three months to complete the process.
  
2.
A Brunei Sendirian Berhad is taxed on income received in Brunei Darussalam, regardless of whether the income is from local or foreign source.
  
Contact Us  
For more information on setting up a Brunei Sendirian Berhad, email email@healyconsultants.com or call us at (+65) 6735 0120.  
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