Brunei

Brunei STANDARD PACKAGE


 

For customers who would like to incorporate a Brunei BC we have developed a cost - effective package of services.

 

 

THIS PACKAGE CONTAINS THE FOLLOWING

  • Ÿ  A Business Company (BC) set up and registered in Brunei (BN).
  • Ÿ  A HSBC (in Brunei) Corporate Bank Account
  • Ÿ  A HSBC (BN) ATM bank card
  • Ÿ  A HSBC (BN) Security Device to initiate external and internal transfers through Internet Banking portal
  • Ÿ  A Correspondence Address in Brunei, for bank and other companies correspondence
  • Ÿ  Cost of couriering company documents, bank card and Internet Security Device to your location.

 

WHAT ARE THE BENEFITS OF THE PACKAGE

  • All administrative details such as submitting documentation, paying official registration fees, etc. will be handled by CIL
  • Cost and time effective package – individual components cost more when ordered separately
  • Our professional staffs offer local expertise and guidance to assist you in establishing your BC
  • Brunei Correspondence Address will be privacy, security and reliability
  • You do not need to personally visit Brunei to register your BC or open your account.

 

HOW TO OBTAIN YOUR PACKAGE

  • Application for the BC –

a) The following forms and documents have to be provided:

Ÿ   A completed and signed Order Form which is available from us

Ÿ   Please choose three alternative company names. The Registrar will usually allocate your first choice

Ÿ   A notarized copy of passport or other valid ID (photo and signature) for all beneficial owners and / or directors

Ÿ   A notarized copy of a bank statement or a utility bill or similar document confirming the physical address for all beneficial owners and/or directors (PO Box addresses are not accepted).

 

b) Our invoice for the Package is issued to you when the above application is received.

 

c) Please pay our invoice by wire or internal transfer only to the designated bank account. We will need your full or 80% payment before registering your BC.

 

d) Establishment of the BC

Once we have your payment your BC will take about 10 working days to establish, provided that all the documentation is complete.

 

  • Application for the corporate bank account for the BC –

a) The following forms and documents are required

Ÿ   A business plan or description of the nature of the proposed business activity of the BC, signed by the Director(s)

Ÿ   A Resolution of Board of Directors of the BC authorizing opening of the account

Ÿ   One completed and signed HSBC (Hong Kong) Corporate Account Application Form

Ÿ   Due diligence documents (notarized ID copy, copy of a utility bill or a bank statement, bank reference) for additional authorized person(s), if any, if not already provided for the BC registration.

 

b) Opening of the bank account

Opening of the bank account usually takes around 10-15 working days, provided that all your documentation is complete. A bank interview will be arranged in HSBC Shanghai Branch before the bank account number issued.

 

 

INCORPORATION INCLUDES THE FOLLOWING DOCUMENTATION

  • Ÿ   Certificate of Incorporation
  • Three (3) Certified Copies of Memorandum and Articles of Association
  • Instrument of Transfer for subscriber's share
  • Memorandum of the Registered Agent Appointing the First Directors
  • Minutes and consent letter for structuring of the Company
  • Register of Members, Directors and Secretaries
  • Five (5) Share Certificates
  • Corporate Seal and chop

 

 

COSTS

Incorporation
Brunei Company Incorporation
Opening bank account in HSBC Brunei                US$3,600.00
Virtual Office, Brunei Correspondence Address                          
Annual
Annual Return US$1,100.00
Virtual Office, Brunei Correspondence Address US$1,000.00