How To Register A Business Name In Brunei

How and where you need to register depends on your business structure and business location.

How to register a business name in brunei. And for purposes connected therewith. Submit the application and make payment. A sole proprietor is personally liable to debt and losses and obligations of their business. 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. It is a business firm owned by one 1 person or one 1 company.

Age 18 years or above. Incorporation of a company for a flat fee of 300. Therefore the registry may exceed our client s charter tpor in approving applications. Sole proprietorship is the simplest entity form of business. The registry of companies and business names would like to apologise as the registry is currently assessing our standard operating procedures sop.

Laws of brunei business name b l r o. Brunei local companies are the most commonly used vehicle to do business with bruneian residents. Who is eligible to register. Only local citizen or brunei permanent residents. For this business entity there are no partners.

Can sue or be sued in company s name can own property in company s name members not personally liable for debts and losses of company. Incorporation of a company or registration of a business name. Brunei citizens and permanent residents only undischarged bankrupt cannot manage business without court or official receivers approval. Register your business to make it a distinct legal entity. Once approved an email will be sent to the applicant confirming the registration attached with a digital certificate of your business registration.

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. 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. 3 business names act an act to provide for the registration of firms individuals and corporations carrying on business under business names and as to the names styles titles or designations under which businesses are carried on. 4 once the new reserved name has been approved select the company from your my items list which you intend change name for.