Company formation in Brunei Darussalam

One of the most popular company forms in Brunei is Private Limited Company (PLC), in Malay - Sendirian Berhad (Sdn Bhd)


is corporate income tax (CIT) rate in Brunei


is personal income tax (PIT) rate in Brunei


is Value Added Tax (VAT) rate in Brunei

Procedure for registration a company in Brunei

Step 1. Initial Setup

  • Initiating a preliminary project assessment
  • Preparation and filing of the package of documents

Step 2. Company registration

  • Choosing and reserving a company name with the Brunei Registry of Companies and Business Names (ROCBN) online (you are required to create an account in One Common Portal)
  • Preparation of the required documents (Memorandum and Articles of Association, ​Consent to Act as a Director form, ​List of Directors Form (Form X), etc.)
  • Company registration with the ROCBN
  • Obtaining the Certificate of incorporation
  • Opening a bank account for the company
  • Opening a corporate bank account
  • Registration for tax and social security purposes (automatically after company registration)
  • Obtaining licenses and permits (if applicable)

We also can help with:

  • Company secretarial services
  • Preparing apostilled documents
  • Further legal support

Requirements for a Sdn Bhd in Brunei

Before deciding to set up a new company in Brunei, read the information below to understand the characteristics of a Sendirian Berhad:

The type of company is a Sendirian Berhad or Sdn Bhd (PLC).

Number of directors/shareholders - minimum of 2 directors and 1 of them must be ordinarily resident in Brunei, but If there are more than 2 directors, 2 of them must be residents; must not declared bankrupt; must be at least 18 years of age / 2 shareholders (maximum of 50) which must not be bankrupts.

Company secretary - no requirements.

Share capital - minimum of BND 1 authorised share capital.

Liability - shareholders’ liabilities are limited to their contributions to the share capital.

Accounting - annual reports must be filed.

Document requirements:

  • Signed copy of National Registration Identity Card(s) (NRIC(s)) (passport(s) – for foreign directors with no NRIC issued to them)
  • If you applied for Ordinarily Resident status, a Certificate of Ordinarily Resident (if a director is an ordinarily resident) is a requirement
  • Power of Attorney (in case of a remote company registration)
  • Certified company documents (if one of the shareholders is going to be a foreign company)
  • 3 options of your desired company name
  • Company contact email address
  • Short description of your companies’ activity

Taxation in Brunei:

Corporate income tax (CIT): 18.5%; companies engaged in oil and gas industries are taxed at a flat rate of 55%; companies having gross sales or turnover of BND 1 million or less are exempted from CIT or charged with a 0% CIT.

Personal income tax: 0%.

Value added tax: 0%.

Withholding tax: dividends - 0%; interests - 2.5%; royalties - 10%.

In addition, Brunei has no capital gains, inheritance, wealth, sales, export, manufacturing, payroll taxes.

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