How To Register A Business Name In Brunei
It is a business firm owned by one 1 person or one 1 company.
How to register a business name in brunei. Submit the application and make payment. Incorporation of a company for a flat fee of 300. Upon login you may proceed to complete the application form for either of the following. Setting up a business can now be done online in a single step upon creating and logging into your account at www roc gov bn. A sole proprietor is personally liable to debt and losses and obligations of their business.
Once approved an email will be sent to the applicant confirming the registration attached with a digital certificate of your business registration. Age 18 years or above. For this business entity there are no partners. The registry of companies and business names would like to apologise as the registry is currently assessing our standard operating procedures sop. Only local citizen or brunei permanent residents.
Brunei local companies are the most commonly used vehicle to do business with bruneian residents. Brunei citizens and permanent residents only undischarged bankrupt cannot manage business without court or official receivers approval. Age 18 years or above. Incorporation of a company or registration of a business name. How and where you need to register depends on your business structure and business location.
Registry of companies business names brunei. Through www roc gov bn one can register by first creating an account then filling out an application uploading the relevant documents clicking submit and making your payment. Laws of brunei business name b l r o. Sole proprietorship is the simplest entity form of business. Doing business 2020 brunei darussalam improves its ease of doing business score from 69 6 to 70 1 in world bank s doing business report 2020 continue reading.
The brunei free zone company foreigners can register limited liability companies in the single free trade zone of brunei the pulau muara besar free trade zone. Therefore the registry may exceed our client s charter tpor in approving applications. Register your business to make it a distinct legal entity. 4 once the new reserved name has been approved select the company from your my items list which you intend change name for. 1 log on to your account 2 in you dashboard under zdo it now select reserve a ompany name 3 in the reserve a ompany name page select hange name.