How To Register Business In Brunei

Law and trust works with the client to secure the memorandum of association moa.

How to register business in brunei. Doing business 2020 brunei darussalam improves its ease of doing business score from 69 6 to 70 1 in world bank s doing business report 2020 continue reading. Incorporation of a company or registration of a business name setting up a business can now be done online in a single step upon creating and logging into your account at www roc gov bn. As the graph below shows over the past 13 years this indicator reached a maximum value of 21 00 in 2009 and a minimum value of 3 00 in 2018. The process is also pretty straightforward. How to register a company in brunei.

With regard to the renewal of the business licence it can be done via one biz system at the ministry of industry and primary resources for the business entities in brunei muara district while for belait tutong and temburong it can be done at the licencing division of the district offices and the municipal departments. Therefore the registry may exceed our client s charter tpor in approving applications. Law and trust works with the client to get the company s name and activity approval from the rocbn. The brunei free zone company foreigners can register limited liability companies in the single free trade zone of brunei the pulau muara besar free trade zone. The registry of companies and business names would like to apologise as the registry is currently assessing our standard operating procedures sop.

Brunei local companies are the most commonly used vehicle to do business with bruneian residents. Registering a business name. The most common business set up in brunei is a sole proprietorship partnership and company which could be a private company or a public company. Once an individual has decided on what type of business entity to register as registering a business in brunei is now easier as one can do it online. Once approved an email will be sent to the applicant confirming the registration attached with a digital certificate of your business registration.

After checking that your company is available proceed with completing the application to reserve a. Brunei start up procedures to register a business start up procedures to register a business number the value for start up procedures to register a business number in brunei was 3 00 as of 2019. Incorporation of a company for a flat fee of 300. Upon login you may proceed to complete the application form for either of the following.