Offshore Company Formation Brunei

General Information about Brunei

The State of Brunei occupies part of the island of Borneo, which it shares with Sarawak and Sabah, East Malaysia. It covers an area of 5,765 sq. km. and has a population of about 374,000. Thanks to reserves of oil and gas it is one of the wealthiest states on earth. The capital is Bandar Seri Begawan.

Companies and taxation

Companies for international operations are incorporated under the International Business Order 2000 and may take the form of companies limited by shares or by guarantee, hybrid companies and limited duration companies. Unusually, in an international context, companies may issue only one class of share and joint shareholdings are not permitted.

Brunei imposes no corporate taxation.

Brunei offshore company regulations
Type of entity	IBC
Type of law	International Business Companies Order 2000
Corporate taxation	Nil
Double taxation treaties available	No
Share Capital
Usual currency	B$
Permitted currencies
Minimum paid up	B$ 2
Usual authorised	B$ 25,000
Foreign ownership permitted	100%
Directors
Minimum number	1
Corporate Directors permitted	Yes
Local resident required	No
Records publicly available	No
Location of Meetings	Anywhere
Shareholders / Members
Minimum number	2
Records publicly available	No
Location of Meetings	Anywhere
Bearer shares permitted	No
Company Secretary
Required	Yes
Local or qualified	Yes
Registered Agent
Required	Yes
Accounts
Required	Yes
Audit required	Yes
Filing required	No
Publicly available	No
Other
Annual return required	Yes
Change of domicile permitted	Yes

Why not talk to us about forming an offshore company in Brunei? Call +353 1 431 9663 or Click Here to contact us.

Offshore Company Formation Brunei

Share Capital

Directors

Shareholders / Members

Company Secretary

Registered Agent

Accounts

Other