Brunei Darussalam

Ease of Doing Business in

Brunei Darussalam

This page shows summary Doing Business 2012 data for Brunei Darussalam. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region East Asia & Pacific
Income Category High income
Population 407,045
GNI Per Capita (US$) 31,238.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
83 86 down 3
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 136 134 up -2
Dealing with Construction Permits 83 82 up -1
Getting Electricity 28 41 up 13
Registering Property 107 118 up 11
Getting Credit 126 116 up -10
Protecting Investors 122 120 up -2
Paying Taxes 20 17 up -3
Trading Across Borders 35 55 up 20
Enforcing Contracts 151 153 up 2
Resolving Insolvency 44 43 up -1

Economy Profile

2193.7 KB pdf file

Download Now

Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2012 Rank 136 DB 2011 Rank 134 Change in Rank down-2
Indicator Brunei Darussalam East Asia & Pacific OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

View methodology
Procedures (number)
15 7 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

View methodology
Time (days)
101 37 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

View methodology
Cost (% of income per capita)
11.8 22.7 4.7

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

View methodology
Paid-in Min. Capital (% of income per capita)
0.0 20.1 14.1
No. Procedure Time to Complete Associated Costs
1 Accountant prepares Form A to verify company name 5 days BND 1,505
2 Make statutory declaration at Magistrate’s Court 1 day BND 9
3 Sumbit required documents and registraton fees for company registration at the Registry of Companies 10 days BND 2,300 registration fee on capital + BND 20 for Memorandum and Articles of Association + BND 10 for Form X; BND 10 for each consent letter (5) + BND 10 for Notice of the Situation of Registered Office + BND 25 for Certificate of Incorporation + BND 80 for 2 certified copies of the Memorandum and Articles of Association at BND 4/page x 10 pages + BND 10 postage stamp for the original Memorandum and Articles of Association + BND 5 postage stamp for each certified copy of the Memorandum and Articles of Association to be returned to the applicant
4 Make a company seal 3 days BND 185
* 5 Register for Employees Provident Fund 1 day, simultaneous with previous procedure no charge
6 Purchase application form for miscellaneous license (rampaian) at the Municipal Board of Bandar Seri Begawan 1 day BND 2
7 Apply for miscellaneous license (“Rampaian”) at Municipal Board 2 months BND 50 (license application) + BND 50 (FSD approval)
* 8 Apply to Fire Services Department (FSD) for rampaian approval 1 day (simultaneous with procedure 7) no charge
* 9 Apply to the Ministry of Health for rampaian approval 1 day (simultaneous with procedure 7) no charge
* 10 Receive inspection from Fire Service Department 1 day (simultaneous with procedure 7) BND 750
* 11 Receive inspection from Ministry of Health 1 day (simultaneous with procedure 7) no charge
* 12 Pick up approval Fire Service Department 1 day (simultaneous with procedure 7) no charge
* 13 Pick up approval from Ministry of Health 1 day (simultaneous with procedure 7) no charge
* 14 Submit approval letters to licensing authorities 1 day (simultaneous with procedure 7) no charge
15 Pick up rampaian license 21 days BND 100
* Takes place simultaneously with another procedure.

Explore Economy Data


- OR -

Close