Investment
Investment
Types of Business in Brunei Darussalam
Foreign and local investors, business people and aspiring entrepreneurs interested in establishing a commercial presence in Brunei Darussalam may do so as one of the following business entities:
| TYPE OF BUSINESS | WHAT IT IS | ELIGIBILITY | TAXABILITY |
| Sole Proprietorship | Singularly and privately-owned company liable for it’s own business obligation | Not open to foreigners | Not subject to corporate tax |
| Partnership | May consist up to 20 individuals, local or branches of foreign companies. In general requires 1 local partner (Bruneian or Brunei Permanent Residence) | Subject to approval, open for foreigners to register |
Not subject to corporate tax |
| Private Company (Sendirian Berhad or Sdn. Bhd / Pty. Ltd) |
Companies incorporated in Brunei Darussalam governed by the Companies Act (Cap 39) | Open for foreigners to register | Subject to 22% gross profit corporate tax |
| Public Company (BERHAD or Bhd. / Plc) |
Companies that can transfer shares freely to public | Open for foreigners to register | Subject to 22% gross profit corporate tax |
| Branch of Foreign Company | Any foreign company wishing to establish a presence in Brunei but not incorporated as local company | Open for foreigners to register | Subject to 22% gross profit corporate tax |
| Joint Venture | A joint venture in the form of an incorporation or partnership between foreign & local company | Subject to approval, open for foreigners to register |
Subject to 22% gross profit corporate tax |
Editor:Xu Rui
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