Brunei Small Business – Setting up in Brunei. The Brunei Economic Development Board plays an important role of stimulating the growth, expansion and development of Brunei’s economy by promoting Brunei Darussalam as an investment destination. The Board is also responsible for implementing government policies and preparing investment promotion plans, incentives and marketing strategies to attract foreign and local investments. For further information on setting up in Brunei, please see The Brunei Economic Development Board website. Right now, aspiring entrepreneurs all across the country are planning their paths to business ownership. If you think you’re ready to start your business, here’s a an overview of resources you may need to use in order to make it happen.

Brunei Small Business Setup – Banks

banks-setting-up-businessBanks in Brunei. While many entrepreneurs put their own money into their new companies, it’s very possible that you’ll need financial assistance. A commercial loan through a bank is a good starting point, although these are often difficult to secure. The following banks provide full banking services in Brunei:

 

Brunei Links and Resources

government-business-trade-informationGovernment, Business and Trade. To become an officially recognized business entity, you must register with the government. Corporations will need a document, which includes your business name, business purpose, corporate structure, stock details and other information about your company. Otherwise, you will just need to register your business name, which can be your legal name, or the name you’ve come up with for your company. The Brunei Government, Business and Trade organisations are:

  • Prime Minister’s Office of Brunei Darussalam – www.pmo.gov.bn
  • Brunei Ministry of Industry and Primary Resources – www.industry.gov.bn
  • Brunei Ministry of Development – www.mod.gov.bn
  • Brunei Ministry of Finance – www.mof.gov.bn
  • Brunei Energy Department – www.energy.gov.bn
  • Brunei Economic Development Board – www.bedb.com.bn
  • National Chamber of Commerce and Industry Brunei – www.nccibd.com
  • Brunei Industrial Development Department – www.bina.gov.bn
  • Brunei Government Ministries and Department Directory – www.gov.bn/en/Directory/Pages/default.aspx

Brunei News and Media
Media – Brunei Small Business. Newspapers and Radio News

  • The Borneo Bulletin – www.borneobulletin.com.bn
  • The Brunei Times – www.bt.com.bn
  • Radio Televisyen Brunei news – www.rtbnews.rtb.gov.bn

Brunei and ASEAN – 10 Countries in Southeast Asia (AEC)
Brunei – ASEAN Ten Countries (AEC) which comprises of all the major nations in Southeast Asia. The goal of establishing Asean Economic Community (AEC) is to transform the region into a single market and production base with a highly competitive advantage to make it a stable and prosperous region. The countries are: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. You can find 20+ more countries in Asia information by following the link. Return to our Brunei, Indonesia, Malaysia, Philippines, Singapore main page to find more regions and posts about entrepreneurs and small business in Asia and around the world.

liked-the-post-read-some-more-posts-entrepreneur-sme-asiaIf you liked this post, you may also be interested in reading:
Doing Business in Brunei
Brunei Franchise, Regulatory Agency or Advisory Body
Brunei Franchise Opportunity
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