Source-cited draft: tax overview for Brunei (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review.
General reference only
This skill is general tax/accounting reference material for AI-assisted workflows. It has not been reviewed for your personal facts, documents, elections, deadlines, residency, filing status, or local procedures. Do not rely on it to file, pay, amend, or take a tax position without review by a qualified professional in the relevant jurisdiction.
Source-cited draft. This skill is source-cited but has not been reviewed by a licensed practitioner. It may be incomplete, outdated, or wrong.
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| Brunei tax system at a glance | Brunei Darussalam has no personal income tax and no VAT/GST. The principal direct tax is corporate income tax administered by the Revenue Division (Income Tax Board) of the Ministry of Finance and Economy. Brunei taxes companies on a preceding-year basis. | |
| National currency | Brunei dollar (BND), pegged 1:1 to the Singapore dollarCurrency Order / Currency Interchangeability Agreement | |
| Tax authority | Revenue Division (Income Tax Board), Ministry of Finance and Economy (MoFE)Income Tax Act (Cap. 35) | |
| Basis of assessment | Preceding-year basis; e.g. year of assessment 2025 is based on income for the accounting period ending in 2024Income Tax Act (Cap. 35) | |
| Personal income tax | None — Brunei imposes no tax on the personal income (employment, investment or other) of individuals, regardless of nationality or residenceIncome Tax Act (Cap. 35) | |
| Headline corporate income tax rate | 18.5%Income Tax Act (Cap. 35) | |
| Oil and gas exploration/production income tax rate | 55% |
Brunei Darussalam has no personal income tax and no VAT/GST. The principal direct tax is corporate income tax administered by the Revenue Division (Income Tax Board) of the Ministry of Finance and Economy. Brunei taxes companies on a preceding-year basis.
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Other Brunei computations in the OpenAccountants library.
| VAT / GST / sales tax | None — Brunei has no value-added tax, goods and services tax or general sales taxNo VAT/GST statute in force |
| Capital gains tax | No separate capital gains tax (gains of a capital nature are generally not taxed)Income Tax Act (Cap. 35) |
| Corporate income tax return deadline | 30 June of the relevant year of assessmentIncome Tax Act (Cap. 35) |
| Corporate residence / source basis | A company is resident if its control and management are exercised in Brunei; tax applies broadly on a territorial/Brunei-source basisIncome Tax Act (Cap. 35) |
Rendered from the facts database. General reference only — confirm with a qualified professional before acting.