Consultants & Services

Member of ILS International Legal Services

INTERNATIONAL BUSINES COMPANY IN

BRUNEI
GENERAL INFORMATION
Official language English and Chinese
Political stability Excellent
Application of the european directive on the
Not applicable
tax system of the saving
No tax on accumulated earnings and profits if income
Profit tax
don’t result from Brunei
Dividend tax No tax – No withholding tax on distributed dividend

COMPANY
Most poptular legal form of company Company Limited by Shares
Legal settlement
The company can engage any activities with the
Authorized activities exception of banking activities, of insurances and
financial (as exchange of currencies).
Registered local agent Compulsory
Shelf/ready made companies Yes
Language used for documents English or Chinese or both
Company Name English or Chinese or both

DIRECTORS

Eligibility Every individual or company about is its nationality

Minimum number of director One. Can be individual or company
Paying public register. Possibility of appealing to
Disclosure in the Authorities and in the public
nominees
Place of residence of the director Can live all over the world
Obligation to have a local director No
Nominee Director Available Yes
Location of general meeting Anywhere in the world

COMPANY SECRETARY
Compulsory secretary Yes
Obligation to have a local secretary Yes (must be HK resident or HK company)

IL Consultants & Services Ltd. Phone + 852 3104 2811

Suite 1905, St George Building Fax + 852 3104 2813
2 Ice House Street, Central, Hong Kong mail : mail@ilconsultants.com
 Consultants & Services
Member of ILS International Legal Services

Available local secretary Yes

SHAREHOLDERS

Minimum number of shareholders One

Maximum Number of shareholders Fifty

Eligibility Every individual or company about is its nationality
Paying public register. Possibility of appealing to
Disclosure in the Authorities and in the public
nominees
Available Nominee Shareholder Yes

SHARES
Minimum number of shares One
Maximum number of shares Unlimited
Bearer shares Not authorized
Category of authorized shares Ordinary shares, preference share…

SHARE CAPITAL

Authorized currencies All

Minimum paid-up capital HK$ 1.00

Unlimited but the gouvernement taxes $HK 1.00 for
Authorized maximum capital every $HK 1000 of capital over $HK 10,000.
Paying up of capital Not compulsory and not limited in the time

ADMINISTRATION AND ACCOUNTING

Accounting Compulsory

Justifications of expenses and receipts Nothing to justify

Balance sheet to be passed on in the Yes, but it is not available on the public nor on the
authorities foreign authorities

BANK ACCOUNT
Location of the bank account Can be located anywhere
Yes with a guaranteed opening but it is compulsory to
Bank Account in HK
move on the spot to meet the bank
Internet banking Yes (for all the banks)
Exchange control No

IL Consultants & Services Ltd. Phone + 852 3104 2811

Suite 1905, St George Building Fax + 852 3104 2813
2 Ice House Street, Central, Hong Kong mail : mail@ilconsultants.com