The following are a list of fees applicable for transactions relating to:
No. | List of Services | Associated Fees |
---|---|---|
01 | Incorporation of a Company | $300 |
02 | Registration of a Foreign Branch of Company | Minimum of $150 |
03 | Filing of Annual Returns | $50 |
04 | Update Director Details | $30 |
05 | Change of Company Name | $100 |
06 | Update Memorandum of Articles of Association | $120 |
07 | Update Company Address | $30 |
08 | Allotment of Shares | $30 |
09 | Transfer of Shares | $10 |
10 | Application to Strike of a Company | $30 |
11 | Lodgement/clearance for notice of objection to striking off | $10 |
12 | Withdrawal of striking off | $10 |
*Depending on Company’s Share Capital
All companies must be registered with the Registry of Companies, Ministry of Finance.
A company is a business entity that is registered under the
Companies Act, Chapter 39. It has a legal personality which
means that it has the right to own properties, have a
perpetual succession and can sue or be sued in its own name.
It is identifiable with the word "Sdn Bhd‟ and "Bhd‟.
A company must have at least 2 shareholders and at least 2
directors.
Types of Companies | Definition |
---|---|
Private Company | Up to 50 or fewer shareholders and restricted in share transfer |
Public Company | Has more than 50 shareholders and can offer shares and debentures to the public |
Foreign Company | A branch of Foreign company registered in another country |
Local Company
To download guidelines and application forms for Ordinarily Resident ( click here )
Foreign Branch Company
Step 01 | Create your OCP account by logging on to www.ocp.mofe.gov.bn |
Step 02 | Once successfully logged in, on the top right of your dashboard, click on +New Entity |
Step 03 | Select Incorporate a Company (either Private, Public, or Brach of a Foreign Company) |
Step 04 | Fill in the online form, upload supporting documents and click Submit. |
Step 05 | The overall cost for company incorporation has been set to $300.00 which can be paid for online. |
Step 06 |
Once the company incorporation application has been
approved, an electronic
Certificate of Incorporation
and online receipt will
be emailed. Your ‘Certificate of Incorporation’ confirms the company legally exists and shows the company number and date of formation. Successfully incorporated companies will also be automatically registered with Revenue Division and Tabung Amanah Pekerja (TAP) |
A company is a business entity that is registered under the Companies Act, Chapter 39. It has a legal personality which means that it has the right to own properties, have a perpetual succession and can sue or be sued in its own name. It is identifiable with the word "Sdn Bhd‟ and "Bhd‟.
Yes, as long as the name you choose does not contain
words that are restricted or protected.
The words below are restricted within a Business Name:
Brunei, Mosque, God, Royal, Pusat, Kg, Diraja, Teramat
mulia, National, Club, Society, Co-operative, Savings,
Trust and Trustee.
The proposed name will be validated by the system and will show a message stating that the name is similar or identical to an existing registered/proposed Business Name. If the name is similar or almost identical to existing/registered Business Names, it will be reviewed by the Registrar and may be subsequently rejected.
Private Company | Up to 50 or fewer shareholders and restricted in share transfer |
Public Company | Has more than 50 shareholders and can offer shares and debentures to the public |
Foreign Company | A branch of Foreign company registered in another country |
Downloadable forms are available in the One Common Portal under Companies Resources and Guides.
Downloadable forms are available in the One Common Portal under Companies Resources and Guides.
Please refer to Resources and Guides section.
The fee for Incorporation of a Private or Public Company is BND300.00. The fee for Registering a Branch of a Foreign Company is calculated based on a graduated scale and will be displayed in the fee payment page.
Yes, a Corporate Agent/Secretariat must first create an
account with the system. Once logged on you may proceed
with completing applications online on behalf of the
Directors, etc.
You will also be able to provide the Director with
authority to view their own company details.
Your Certificate of Incorporation will be emailed to you upon approval of your application. Alternatively, you will be able to go to your dashboard and select the company. In the view company screen, click on ‘Request Certificate’. From here you will be print a copy of the certificate.
Such notification typically indicates that ROCBN has found your application to be in lack of certain information. ROCBN will state the reason why your application has been returned. Simply provide the required information/documents and re-submit the application. The application will then be sent back to ROCBN again for their review.
A director is the person appointed by the shareholders to manage a company on behalf of its shareholders. He must make decisions objectively and in the best of interests of the company.
For those with Yellow and Red IC holders, they are automatically considered as Ordinarily Resident.
Yes, but at least one director must be Brunei Ordinarily
Resident.
If there are 3 or above foreign director, then at least
2 directors of Brunei Ordinarily Resident must be
appointed.
The shareholders have to appoint new directors.
Yes. Any person who consents to act as director must discharge his duties as required under the Companies Act.
Shareholders own the company and are entitled to the
profits of the company.
Directors are responsible for the governance and
oversight of the company.
Log on to your account. In your Dashboard under ‘My Items’ select your company. Once in the View Company page you will be able to update details under each section.
For Private Companies
For Foreign Companies
No. | List of Services | Associated Fees |
---|---|---|
01 | Change of Company Name (local/foreign)* | $100.00 |
02 | Change of Business Sector | $120.00 |
03 | Update Director Details | $30.00 |
04 | Update Address Details* | $30.00 |
05 | Update Memorandum and Articles of Association* | $120.00 |
06 | Increase Share Capital | $100.00 |
07 | Allotment of Shares | $30.00 |
08 | Transfer of Shares | $10.00 |
*Penalty will be incurred whenever application is overdue for submission to the Registrar of Companies.
Are you looking for help?
Other Links
Ministry of Finance and Economy website
E-Amanah
One Common Billing system
Treasury Accounting and Financial Information System (TAFIS)
Brunei E-Customs
Brunei Darussalam National Single Window (BDSNW)
Trading Across Borders
Brunei Darussalam National Trade Depository
Brunei Darussalam Accounting Standard Council (BDASC)
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