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| The
principal requirements for the formation
of a Brunei company are as follow:- |
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| Name
approval and reservation of name
The
Registrar of Companies (ROC) generally
requires Form A (click
here) to be submitted for approval
and reservation of name for a company
to be incorporated in Brunei Darussalam.
Two or more shareholders each subscribing
to at least one share in the proposed
company.
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| Submission
of documents
Once
the ROC has approved the reservation
of the proposed name of the company,
the following documents will have
to be lodged with the ROC.
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(i)
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Memorandum
and Articles of Association. |
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(ii)
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Letters
of consent from the directors (click
here) |
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(iii)
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Form
X (click here) |
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(iv)
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Notice of the Situation of Registered
Office (click here) |
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| The
certificate of incorporation will
be issued by the ROC after the compliance
with all the above requirements. |
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| Registration
fees on capital
Brunei
registered companies are required
to pay from B$300 where the capital
does not exceed B$25,000 to a maximum
of B$35,000 where the capital is
in the region of B$150,000,000.
In view of this graduated scale,
many companies tend to incorporate
with limited amounts of authorized
share capital. (click
here)
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Duration
of registration
The whole procedure takes approximately
one to two months. |
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