Eligibility Criteria
Land
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Locally incorporated Sdn Bhd
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Up to 100% foreign ownership
Ready-Built Factory
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Open to Sole Proprietorship, Partnership and Sdn Bhd registered under the Business Names Act and Companies Act (Chap 39)
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Owner(s)/Shareholders must be 100% Yellow IC holder
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Maximum up to 2 units only for Sole Proprietorship and Partnership
Youth Ground;
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Owner(s)/Shareholders must be of age 18 – 35
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Owner(s)/Shareholders must be 100% Yellow IC holder
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Open to Sole Proprietorship and Sdn Bhd businesses
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New startups and existing businesses are welcome to apply
Other Criteria
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Activity must be suitable and matches the purpose of the Land / Ready-Built Factory use (such as manufacturing, processing and value-added activities)
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Registered with JobCentre Brunei
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Registered and update business information with Online Business Reporting
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For existing tenant, applicant must have a valid and no breach of lease/tenancy agreement, and have no outstanding lease/rental fee and utilities (including electricity)
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Employment status: current & future local workforce (meeting minimum ratio based on industry sectors)
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Audit & tax returns status: regular audit, updated filing, tax paid (for Sdn Bhd)
For general enquiries, you may contact us via email at business.assessment@bedb.gov.bn
Required information
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Audited and/or Management Account for the past 3 years (Balanced Sheet, Profit & Loss and Cashflow Statement)
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Projected Financial Account for the next 10 years
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Shareholders/Owner’s Identification Card
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Incorporation/Registration Certificate
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Shareholders’ Certificate (for Sdn Bhd)
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Latest Annual Return (for Sdn Bhd)
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Tax Filling Receipts for the past 3 years from Revenue Division (for Sdn Bhd)
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Latest Form X
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Organization Structure
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Company Profile
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JobCentre Screenshot
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Business Reporting Screenshot (Register at www.business.gov.bn)
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Proposed Layout Plan/Approve As Built Plan
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Approval Letter from Land Department, Ministry of Development
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Site Survey Plan from Survey Department, Ministry of Development
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Latest Receipt of Land Tax Payment from Land Department, Ministry of Development
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