Brunei Darussalam is a Southeast Asian, oil-rich Sultanate on the northern coast of Borneo. A British protectorate until 1984, it boasts a well-educated and largely English-speaking population, excellent infrastructure, and a government intent on diversifying the economy and bringing foreign investment into the country. Brunei’s central location in Southeast Asia, low-tax regime, and its stable political situation offer a welcoming climate for would-be investors.
Reasons to do business in Brunei include:
- Favourable tax setup
- Strong regional connections
- Political stability
- Strong oil & gas industry
Doing Business in Brunei
Brunei has unique business and cultural traits that shape a company’s experience in the country. To avoid any unintentional faux pas and to make life easier, here is a list of important facts about doing business in one of the world’s wealthiest countries:
- Tax obligations
- Visa policies
- Registering a business
- Employment considerations
- Business etiquette
How Tricor can help in Brunei
Tricor (B) Sdn Bhd (Tricor Brunei) is based in Bandar Seri Begawan, Brunei Darussalam. It is a subsidiary of the Tricor Group, set up in 2008 through the acquisition of the corporate secretarial and business services practice of Ernst & Young in Brunei.
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