Brunei - Joint Ventures/LicensingBrunei - Joint Ventures
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
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.
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
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.