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| Branch
of a Foreign Company
Registration
of a branch of a foreign company
The procedure
for registering a foreign branch
is similar to incorporating a local
company but registration expenses
are slightly less than that for
incorporating a local company.
Name
approval& reservation name
The
proposed name of the branch must
be approved by the ROC (via Form
A, click here) prior
to the approval for registration
of a branch.
Submission
of documents
The documents
required to be filed by the ROC
differs from those require for the
registration of a Brunei company.
The filing documents required for
registering a branch are as follows:
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A
certified true copy of the Memorandum
and Articles of Association |
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of
the foreign company (this has to be
notarised by a Notary Public, and
if non-English, to be translated into
English). |
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An
original copy of the Board Resolution
approving the registration of |
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a
branch (this has to be notarised by
a Notary Public, and if non-English,
to be translated into English). |
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A
list of directors together with their
names, passport numbers or |
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identity
card numbers, occupation and residential
addresses (this has to be notarised
by a Notary Public, and if non-English,
to be translated into English). |
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Submit
name and address of person residing
in Brunei Darussalam |
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(Section
2999 of the Companies Act) authorised
to accept notices on the company's
behalf on a prescribed form. (click
here) |
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Registration
fees on capital
Registration fees payable in respect
of the registration of a branch are
50% of the fees payable for Brunei
registered companies. The registration
fees are computed based on the authorised
capital of the holding company and
reduced by 50%.
Duration
of registration
The whole procedure normally takes
approximately 6 to 8 weeks before
the certificate of incorporation
is issued.Once
the branch is incorporated, Form
IV (F) (click here)
will be required to be filed should
there be any changes in the particulars
of directors of the company incorporated
outside Brunei.
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