Brunei free zones in 2024

Brunei company registration in free zone area

  • Brunei Darussalam authorities operate one Free Trade Zone in Brunei: the Pulau Muara Besar Export Zone;
  • This Brunei free trade zone provides businesses with advantages including: i) subsidized warehousing space ii) subsidized industrial space iii) deep seawater port and iv) various tax incentives, including exemption from corporate tax for up to 15 years;
  • In order to conduct operations in the Brunei FTZ, a company must apply to the Muara Besar Port Authority. The FTZ is currently crowded, but Pulau Muara Besar extension project should reduce approval delays.
Free zone comparison Pulau Muara Besar Export Zone
FTZs used mostly by which industry? Petrochemical industry and pharmaceuticals
Average annual warehousing space rent per 1000 sq. m. US$20,000
How long to set the company up? 20 weeks
How long to open company bank account? 4 weeks
Quality of utilities Excellent
Allowed to sign sales contracts with Brunei Clients? Yes
Allowed to invoice Brunei Clients? Yes
Corporate tax payable in Lebanon 20%
Corporate bank account? Yes
Physical office space required Yes
Allowed to import raw materials? Yes
Allowed to export goods? Yes
Can be wholly foreign owned Yes
Can the entity hire expatriate staff in Lebanon? Yes
Minimum number of directors 2
Minimum number of shareholders 2
Tax registration certificate required Yes
Individual shareholders allowed Yes
Corporate shareholders allowed Yes
Corporate director(s) allowed Yes
LLC company allowed? Yes
Annual audited financial statements Yes

Contact us

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