Brunei Branch

Brunei corporate laws allows foreign companies to open 100% foreign owned branch office, provided they have one resident secretary and a registered office in Brunei.
Key Features of Brunei Branch

Brunei Branch	Corporate Details
General
Type of Entity	Branch
Registered Office in Brunei	Yes
Shelf company availability	No
Access to Double Taxation Treaties	No
Share capital or equivalent
Standard currency	Brunei Dollar (BND)
Permitted currencies	Any
Minimum paid up	$ 0
Bearer shares allowed	No
No par value shares allowed	No
Directors
Minimum number	One
Local required	Yes
Location of meetings	Anywhere
Corporate directorship allowed	Yes
Shareholders
Minimum number	Parent company
Accounts
Requirements to prepare	Yes
Audit requirements	Yes
Requirements to file accounts	Yes
Other
Requirement to file annual return	Yes

Tax treatment
Corporate tax for a Brunei is 0%.
Duration for set up the Company
Three months
Advantages of Brunei Branch

• Brunei has a strong economy and currency
• It offers several incentives for foreign Investments such as exemption of 30% of corporate tax for the period of up to 11 years.

The Valsen Advantage

• Speedy, Efficient and consistent Services.
• Relentless effort to obtain bank accounts.
• Expert advice on structuring options.
• Dedicated ongoing compliance support.