ANNEX IAugust 31st, 2021
FiledAugust 31st, 2021Sector: All Obligations Concerned: National Treatment (Article 9.4)Senior Management and Boards of Directors (Article 9.11) Measures: Companies Act (Chapter 39)Business Names Act (Chapter 92)Miscellaneous Licences Act (Chapter 127)Co-operative Societies Act (Chapter 84) Employment Agencies Order 2004 Administrative Measures and Guidelines Description: Investment 1. Sole Proprietors and Cooperative Societies Foreign nationals may not establish sole proprietorships or cooperative societies. 2. Partnerships Foreign nationals may not establish a partnership, except with the written approval of the Registrar of Business Names. 3. Company Directorship A foreign national may not sit on the board of directors of an enterprise established in Brunei Darussalam unless one ofthe two directors or, where there are more than two directors, at least two of them shall be ordinarily resident in Brunei Darussalam. For the purposes of this entry, a foreignnational shall apply to the Ministry of Fin
ANNEX IJanuary 20th, 2016
FiledJanuary 20th, 2016Sector: All Obligations Concerned: National Treatment (Article 9.4)Senior Management and Boards of Directors (Article 9.11) Measures: Companies Act (Chapter 39)Business Names Act (Chapter 92)Miscellaneous Licences Act (Chapter 127)Co-operative Societies Act (Chapter 84) Employment Agencies Order 2004 Administrative Measures and Guidelines Description: Investment 1. Sole Proprietors and Cooperative Societies Foreign nationals may not establish sole proprietorships or cooperative societies. 2. Partnerships Foreign nationals may not establish a partnership, except with the written approval of the Registrar of Business Names. 3. Company Directorship A foreign national may not sit on the board of directors of an enterprise established in Brunei Darussalam unless one ofthe two directors or, where there are more than two directors, at least two of them shall be ordinarily resident in Brunei Darussalam. For the purposes of this entry, a foreignnational shall apply to the Ministry of Fin