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Youth Ground
Affordable space for youth to start, run and grow their business in BEDB’s Ready Built Factories (RBF).
What is Youth Ground?
Affordable space for youth to start, run and grow their business in BEDB’s Ready Built Factories (RBF).
What does Youth Ground Offer?
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Various Unit Sizes cater to different business needs
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Lower Initial deposit
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Great location
Criteria
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Open to Youth applicants only (18 to 35 years old)
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Startups are welcome
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Each applicant is only allowed to apply for one unit
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Brief business plan must be submitted (Eligibility Criteria)
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Sole Proprietorship and Private Limited companies are welcome
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What is the Brunei Economic Development Board?The Brunei Economic Development Board (BEDB) envisions a resilient and diversified economy and is committed to catalysing sustainable growth by attracting and facilitating impactful investments that create jobs and generate opportunities for local enterprises. BEDB also provides effective support and resources to enterprises of all sizes to spur innovation and growth, and develops fit-for-purpose industrial infrastructure to enable enterprises to thrive in a conducive environment. Focused on three strategic thrusts—Enabling Private Sector Growth, Increasing Internationalisation, and Enhancing BEDB Capabilities—BEDB is dedicated to driving economic development and fostering a vibrant business ecosystem in Brunei.
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Why choose Brunei Darussalam?Brunei Darussalam is strategically located in the heart of Southeast Asia, along the East-West maritime trade route and within the ASEAN region, providing easy access to major cities like Singapore, Kuala Lumpur, and Jakarta within two to three hours by direct flight. This connectivity to the region's growing economies makes it an ideal location for export-oriented activities and for investors seeking a wider market base. Known for its political and economic stability, Brunei boasts a lush, green environment with 75% of its land area covered in pristine rainforest and 58% conserved under the “Heart of Borneo” initiative. The World Health Organization ranks Brunei among the top 10 countries with the safest and cleanest air, with over 70% of its area made up of verdant jungles and coastal mangroves. Brunei also has a young, highly educated, multilingual, and tech-savvy workforce, with the government ensuring its curriculum aligns with industry needs and providing grants for FDIs to train local employees. The favourable tax climate includes no personal income, sales, payroll, capital gains, and manufacturing tax, and companies with Pioneer Status are exempt from corporate income tax and import duties on raw materials and machinery. Credible co-investment partnerships are available with entities like the Ministry of Finance and Economy’s Strategic Development Capital Fund and various local equity funds. Furthermore, Brunei offers cost-competitive industrial parks with essential utilities for export-oriented FDI projects, permits 100% foreign ownership, and has a fast-track system for streamlined development approvals and operational requirements such as labor and customs. Brunei's reformed business environment ensures a simplified and conducive ecosystem for start-ups and investors, continually improving its Ease of Doing Business ranking.
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How do I start a business in Brunei Darussalam?businessBN is a whole-of-government service that aims to provide businesses with essential information on government services and reforms related to doing business in Brunei Darussalam. www.business.gov.bn is a single portal providing the Brunei business community easy access to information on a range of government procedures, legislation, guidelines and services related to doing business. Alternatively, entrepreneurs and business owners who prefer to speak directly with a customer service representative, may visit the Business Helpdesk in Anggerek Desa. Should you have any inquiries, email us at info@bedb.gov.bn
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