Valsen Corporate

Brunei Branch

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.