Discusses the legal requirements/options for joint venture/licensing in this market.
Last Published: 7/12/2019
A joint venture may take the form of a corporation or partnership. Several factors, including the nature of the project, would determine which type of joint venture is appropriate. In a corporate joint venture, the owners have limited liability whereas in a partnership joint venture, the partners have unlimited liability. If the parties to a partnership joint venture are corporations, then liability is limited to that of the participating corporations.

Even without a physical presence in Brunei, companies generally need a license to do business in the country. Local sales people engaging in door-to-door product marketing, however, do not need a permit. In most cases, one does not need a Brunei citizen representative to do business commercially or when selling directly to the government.

Contact Information
Registry of Companies and Business Names (ROCBN)
Ministry of Finance and Economy
Phone: (673)-238-0505
 
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More Information

Brunei Business Management Legislation