The 36-year-old teamed up with his business partner Nik Linnen to create Branded Films, which has set up home at Warner Bros. studios in California.
In a statement to Deadline.com, Brand said: 'We, at the newly founded Branded Films, are very excited to announce our new company and the opportunity for puns that it affords us.'
The Arthur actor, who is married to pop singer Katy Perry, also revealed that the company will mainly be making films for him to star in.
He added: 'If you have any film ideas, send them to: Beau Bauman, the water tower, Warner Bros, Hollywood, America (care of E Fudd). We particularly welcome ideas that could feature a long-haired actor with an unintelligible accent (Rasputin/Tarzan/British Jesus). That's all folks.'