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Fees and timelines in 2024

Fees

pay fee by instalmentsThe average fee per Brunei engagement is outlined in the table below. These fees include company incorporation, opening corporate bank accounts, project management and all government fees:

Different Brunei entity types Cost Draft invoice
Tax resident LLC US$18,215 View invoice PDF
Branch of a foreign company US$14,780 View invoice PDF
PLC company US$26,730 View invoice PDF
Free zone company US$21,380 View invoice PDF
International trust US$17,400 View invoice PDF
Brunei Branch Annual Renewal US$20,565 View invoice PDF

Click here to create your own Brunei invoice

Other fee considerations

Timelines

The average Brunei onshore company incorporation engagement period is 21 weeks as outlined below:

Service Brunei International Partnership Brunei offshore trust Brunei LLC Brunei free zone company Brunei PLC Brunei branch
Engagement planning 1 week 1 week 2 weeks 2 weeks 2 weeks 4 weeks
Company incorporation period 2 weeks 2 weeks 3 months 5 months 3 months 14 weeks
Bank account approval 1 month 1 month 1 month 1 month 1 month 1 month
Internet banking approval 1 week 1 week 1 week 2 weeks 2 weeks 2 weeks
Incorporation completion 2 weeks 2 weeks 2 weeks 2 weeks 1 week 1 week
Total engagement period 10 weeks 10 weeks 21 weeks 30 weeks 21 weeks 25 weeks


brunei onshore business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Brunei, please contact our in-house country expert, Ms. Lisa McHugh Dolan, directly:
Consultant at HC - lisa