Brunei, Brunei Darussalam, is a country located on the north coast of the island of Borneo, in Southeast Asia. Apart from its coastline with the South China Sea it is completely surrounded by the state of Sarawak, Malaysia. The land area 5.8 thousand sq. km, estimated population in 2005 - 372 thousand. The capital of Brunei Darussalam is Bandar Seri Begawan. Malay is the official language, but English is also widely spoken. Religions - Muslim (67% of population), Buddhism - 13%. National currency - Brunei dollar, divided into 100 cents. Gained its independence from the United Kingdom on 1 January 1984.
With such advantages as low tax regime, client confidentiality and stable political and economical situation at present the Brunei Darussalam is one of the fastest growing offshore jurisdictions in the Asian region.
The economy is dominated by oil and liquefied natural gas with recent identification of more reserves to come.
SYSTEM OF GOVERNMENT
Independent sovereign constitutional Sultanate, with His Majesty The Sultan as the supreme executive authority. His Majesty is advised by an appointed Council of Cabinet Ministers, Religious Council, Privy Council, a Council of Succession and a Legislative Council.
Characteristics of the offshore company registered in the Brunei.
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Conduct business internationally |
Yes |
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Income Tax |
Paid only upon income from trading in the country |
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Annual government fee |
$400 |
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Directors |
Minimum 1 |
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Shareholders |
Minimum 1 |
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Open information about Directors |
No |
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Open information about Shareholders |
No |
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Local registered address |
Yes |
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Convention of Annual Meetings of Members / Directors |
Anywhere in the world |
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Bearer shares allowed |
No |
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Corporate Directors |
Yes |
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Company Secretary |
Local |
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Local Directors |
No |
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Standard Authorized Share Capital |
Not assigned |
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Audit |
Optional |
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Financial Statements filed annually |
Optional |
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Disclosure of beneficial owners to Registrar |
No |
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Trading Restriction
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No trading restrictions |
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Company name |
The name of the company must end with the following endings: "Limited" or in short "Ltd." and should be written in Latin letters. |
BRUNEI COMPANY INCORPORATION
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International business company (IBC) - Standard order |
International business company (IBC) |
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US$ 1,850.00 |
US$ 2,550.00 |
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Standard order The documents/services which are provided to the client are:
Price - US$ 1,850.00 includes:
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Standard order with Nominee Services: The documents/services which are provided to the client are:
Price - US$ 2,550.00 includes:
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Ready-made (shelf) companies
We have specially registered some companies for your convenience if you require the company immediately or if you require company with older incorporation date. You can sign the bank account opening forms as soon as you have purchased the shelf company which let's you to receive the account number and IBAN number straight away.
All these companies have not traded or entered into any dealings or obligations whatsoever. Since their incorporation, their documents have been kept motionless on the shelf in our office.
Please note that due to the fact that these are "shelf" companies they are without Apostille and most probably, you will need it so it will take 1-2 business days to arrange for it. And if you are a new customer it will take some time to fill out all the necessary forms due to our companies "know your customer" policy.
The Price for the shelf company varies depending on the incorporation date of the company.
For more detailed information about company formation in Brunei or "shelf" companies please contact us and our experts will be glad to help you in any question you may have. Our telephone number is + 357 22 680602 and e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
