Business Names

Resources

No. ​List of Services Fees in BND
01 Registration of Business Names $30.00
02 Change Business Name Details:
  • Change of Business Name
  • Change of Business Address
  • Change of Owner(s) details
  • Change of Owner Address
  • Change of Business Ownership Structure
  • Change of Business Activities
$30.00
03 Cessation of Business Name -

1. Sole Proprietorship

What is a sole proprietorship?

Sole proprietorship is the simplest entity form of business. It is a business firm owned by one (1) person or one (1) company. For this business entity there are no partners. A sole proprietor is personally liable to debt and losses and obligations of their business.

Who Is eligible to register?

  • ONLY Local Citizen or Brunei Permanent Residents
  • Must have valid NRIC
  • Must not be a declared bankrupt
  • Must be at least 18 years of age

What are the required documents?

  • A signed copy of NRIC
  • Address for service of documents (if applicable)

2. PARTNERSHIP

What is a Partnership?

Partnership is a business firm formed by a minimum of two (2) partners and a maximum of twenty (20) partners. Partnership is not a separate legal entity from the owners.

Who are eligible to register?

  • ONLY Local Citizens or Brunei Permanent Residents
  • Must have valid NRIC(s)
  • Must not be declared bankrupt
  • Must be at least 18 years of age

What are the required documents?

  • Signed copies of NRIC
  • Address for service of documents (if applicable)

A business name is important because it provides a unique identity for your business and to differentiate it from your competitors. In order to have the business names exclusively yours, you can either register it under the Business Names Act (Chapter 92) as a Sole Proprietorship/ Partnership, or under the Companies Act (Chapter 39) as a Private Limited Company (Sdn Bhd).

How to choose a name for your business?

When choosing a business name, keep the following tips in mind

Do’s :

  • Choose the right name that will help create the right image for your business
  • The business name should reinforce the key elements in your nature of business
  • Submit the meaning of your applied name (in English or Malay) if you have applied in a different language.

Don’ts:

  • Submit names that are identical to the names already registered under the Business Names Act or Companies Act
  • Submit names that do not have any meaning that can mislead the public as to the nature of its business
  • Submit names that are identical or resemble names that are already registered in the Registry.

The name also SHOULD NOT contain any of the followings:

  • Undesirable names
  • The words “Royal”, “Diraja” or any name that may suggest the patronage of the Sultan or connection with the Government of Brunei
  • The word “Brunei”, “Co-operative”, “Savings” or “Trust/Trustee”

Please note that the name application may be referred to the Relevant Licensing Authorities for their approval depending on the business nature applied. For more information, please refer to the table below:

How do you check for the availability of a name?

Before applying for a business name, check existing names to determine if your proposed business name is available. By doing so, you have a higher chance of getting the name approved and reduce the risk of complaints against your business entity’s name.

To check the availability of your proposed business name, conduct a thorough business name search with these steps:

1. On the OCP Homepage (www.ocp.mofe.gov.bn) , type the proposed business name and click Search.

2. A Search Result will then show whether it is available or not

The following are examples of when you want to do a thorough and comprehensive name search:

Types of example Proposed Names Search tips

Identical or Similar Names

GLC Management Services Type to search
“GLC”
“G.L.C”
"G.& L.C”
“G.L & C”
“G & L and C” and
“G and “L.C”, etc.
H.B Sdn Bhd Type to search
“H.B”
“H&B”
“H – B”
“H and B”
“H n B”, etc.

Similar Pronunciations

Aishah Advertising Services Type to search
“Ayesha”
“Aysha”
“Aisha”
“Aisyah”, etc.
D’Comel Collections Type to search
“Comel”
“The Comel”
“D-Comel”
“D.Comel”, etc.

Different Sequences

Ali Baba Express Type to search
“Ali – Baba”
“Express Ali & Baba”
“Baba – Ali”
“Ali Express”
“Baba Express”, etc.

Symbols – Not Allowed

# hashtag Café Type to search
“Hash Tag”
“Hash”
“Tag”
“Hash-Tag”
“Hash.Tag”, etc.

Names that can be misleading – Not allowed

Lego playhouse Names that are already a trademark.

Applications such as Company Incorporation/Business Registration/Change of Company Particulars may be referred to Relevant Licensing Authorities for their approval, depending on the business nature applied.

The information in the table below serves to assist business owners in planning their timetable for applications in ROCBN.

Referral Authorities Applicable Business Activities

Monetary Authority of Brunei Darussalam (AMBD)

Business involving the following activities:
  • Finance Companies
  • General Finance Companies
  • Financial Leasing Companies
  • Insurance Services
  • Insurance Agents
  • Money Changers
  • Money Remittance
  • Pawn Brokerage
BDSIC Codes
  • 64 FINANCIAL SERVICES ACTIVITIES, EXCEPT INSURANCE AND PENSION FUNDING
  • 65 INSURANCE, REINSURANCE AND PENSION FUNDING, EXCEPT COMPULSORY SOCIAL SECURITY
  • 66 OTHER FINANCIAL ACTIVITIES

Ministry of Education

Businesses involving the following activities:
  • Music Schools
  • Schools (Kindergartens, Primary, Secondary, Colleges, Pre-University Centres, Foreign System Schools)
  • Tuition Schools (Commercial School)
BDSIC Codes
  • 85 EDUCATION

Ministry of Health

Businesses involving the following activities:
  • Clinics
  • Dental Services
  • General / Specialised Medical Services
  • Pharmacies / Drug Stores / Medicine Shops
BDSIC Codes
  • 86 HUMAN HEALTH ACTIVITIES

Registry of Companies and Business Names

Approval will be given upon submission of relevant qualifications

Businesses involving in any Consultancy services or Related services.
BDSIC Codes
  • 42 CIVIL ENGINEERING
  • 62 COMPUTER PROGRAMMING, CONSULTANCY AND RELATED ACTIVITIES
  • 69 LEGAL AND ACCOUNTING SERVICES
  • 71 ARCHITECTURE AND ENGINEERING ACTIVITIES AND RELATED TECHNIAL CONSULTANCY
  • 72 SCIENTIFIC RESEARCH AND DEVELOPMENT
  • 74 OTHER PROFESSIONAL, SCIENTIFIC, AND TECHNICAL ACTIVITIES

Step 01 Create your OCP account by logging on to www.ocp.mofe.gov.bn
Step 02 Once successfully logged in, on the top right of your dashboard, click on +New Entity
Step 03 Select Register a Business Name
Step 04 Fill in the online form
Step 05 For proposed name, click Validate Name
Step 06 Upload the required supporting documents and click Submit
Step 07 The cost to register a business is $30 which can be paid online or over the counter by providing your Application ID
Step 08 Once your application has been approved, an electronic Certificate of Registration will be emailed to you

  • Go to www.ocp.mofe.gov.bn
  • Login using your credentials
  • On the top right of your dashboard, click on ‘New Entity’
  • Select ‘Register Business Name’
  • Fill in the required fields and provide supporting documents

Click here (link) for the step by step guide on how to register a Business Name

Bruneian Citizens or Bruneian Permanent Residents are eligible to register a sole-proprietorship or a partnership.

Must be at least 18 of age and they must not be a declared bankrupt.

No. The business name applied will be rejected. You may have the option to write to the owner of the existing business for consent to use the same name or you may submit a new application with a different name.

You cannot use a name that is trademarked, unless you provide an authorisation letter from the said company holding a trademark.

‘Letter of Approval’ requirement means you are required to upload an approval letter from relevant licensing authorities before registering your business.

For example:

  • Tuition School - Ministry of Education.
  • Clinics/Dental Clinics – Ministry of Health;
  • Money Exchange/Remittance Company - Autoriti Monetari Brunei Darussalam.
  • Day Care - Ministry of Youth, Culture and Sports.

Upon successful registration, it does not mean that the Owner(s) can carry out business immediately. Depending on the nature of business, the Owner(s) may be required to apply for written approval or licenses from relevant authorities.

For more information on licenses / approvals, please visit www.business.gov.bn

Your Certificate of Registration will be emailed to you upon approval of your application. Alternatively, you will be able to go to your dashboard and select the business. In the view screen, click on ‘Request Certificate’. From here, you will be print a copy of the certificate.

Every three years, each Business Name will be required to renew their business for a fee of BND$30.00. The Business Name renewal can be done online via the Portal.

Click here (link) to find the step by step guide on how to renew a Business Name.

The purpose of the renewal is to ensure that a Business Name is still in operation and active.

All businesses who have registered with ROCBN under Business Names Act (Chapter 92) such as sole proprietors and partnerships will be expected to renew their business by their third year.

  • Go to ocp.mofe.gov.bn
  • Login using your credentials
  • In your dashboard, select your entities under the “My Entities” section.
  • Select ‘Action: Registry” and select “Change Business Name Details”
  • Update any details in any of the sections.
  • Click “Save and Exit”

Click here to find the step by step guide on how to update business details

Yes, there is a fee of BND$30.00 for all updates.

Below is a summary of fees:
No. ​List of Services Fees in BND
01 Registration of Business Names $30.00
02 Change Business Name Details:
  • Change of Business Name
  • Change of Business Address
  • Change of Owner(s) details
  • Change of Owner Address
  • Change of Business Ownership Structure
  • Change of Business Activities
$30.00
03 Cessation of Business Name -

No, it is mandatory to have a consent letter to cease a business name.

You should write in to ROCBN as soon as possible for ROCBN’s consideration. Please include the reasons for the mistake.

Alternatively, you can choose to register a new business using the same name but with a different registration number; the fee payable is $30.

Alternatively, you can submit an appeal to the Registrar of Business Names through ROCBN for the reinstatement of the business registration. Send your appeal in writing and set out the grounds for the appeal. The letter is to be addressed to the Registrar of Business Names, ROCBN.

All partners must endorse the termination before the business name can be ceased.