Subject: 📘 Quick Guide: Business Record Laws in Brunei
Hi {contact_firstname},
Compliance doesn't have to be complicated. Here is a simple breakdown of what {client_company} needs to know about the Record Keeping (Business) Act (Chapter 249).
🕒 The 5-Year Rule
You are legally required to keep all business records for at least 5 years.
-
This applies even if your business changes ownership or closes.
-
Mercium Tip: Never destroy documents early!
📝 Mandatory Documents
To stay compliant, {client_company} must maintain:
-
Receipts: Must be printed, serially numbered, and you must keep a copy.
-
Ledgers: Accurate records of all money coming in and going out.
-
Language: All books must be in English or Malay.
⚠️ The Risk of Non-Compliance
Failure to produce these records during an inspection can lead to:
-
Fines: Up to $10,000.
-
Issues: Delays in tax assessments and audits.
🤝 How Mercium Can Help
We make sure {client_company} stays on the right side of the law. From setting up digital filing systems to managing your monthly accounts, we've got you covered.
Questions? Let’s talk. 📞 Call us: [Your Phone Number] 📧 Email: [Your Email] 🌐 Visit: [Your Website]
Best regards, The Mercium Team