| 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 |
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