Tax Overview in Brunei

Tax overview for Brunei (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review.

Brunei · tax year 2025 · changed 25 Jun 2026

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Key figures: Brunei, 2025

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Brunei tax system overview

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), https://www.mofe.gov.bn/Divisions/income-tax.aspx

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), https://taxsummaries.pwc.com/brunei-darussalam/corporate/tax-administration

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), https://taxsummaries.pwc.com/brunei-darussalam/individual/taxes-on-personal-income

Headline corporate income tax rate

18.5%Income Tax Act (Cap. 35), https://taxsummaries.pwc.com/brunei-darussalam/corporate/taxes-on-corporate-income

Oil and gas exploration/production income tax rate

55%Income Tax (Petroleum) Act (Cap. 119), https://taxsummaries.pwc.com/brunei-darussalam/corporate/taxes-on-corporate-income

VAT / GST / sales tax

None — Brunei has no value-added tax, goods and services tax or general sales taxNo VAT/GST statute in force, https://taxsummaries.pwc.com/brunei-darussalam/corporate/other-taxes

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Brunei tax system at a glance

Brunei tax system overview — 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 dollar (Currency Order / Currency Interchangeability Agreement)
Tax authority — Revenue Division (Income Tax Board), Ministry of Finance and Economy (MoFE) (Income Tax Act (Cap. 35), https://www.mofe.gov.bn/Divisions/income-tax.aspx)
Basis of assessment — Preceding-year basis; e.g. year of assessment 2025 is based on income for the accounting period ending in 2024 (Income Tax Act (Cap. 35), https://taxsummaries.pwc.com/brunei-darussalam/corporate/tax-administration)
Personal income tax — None — Brunei imposes no tax on the personal income (employment, investment or other) of individuals, regardless of nationality or residence (Income Tax Act (Cap. 35), https://taxsummaries.pwc.com/brunei-darussalam/individual/taxes-on-personal-income)
Headline corporate income tax rate — 18.5% % (Income Tax Act (Cap. 35), https://taxsummaries.pwc.com/brunei-darussalam/corporate/taxes-on-corporate-income)
Oil and gas exploration/production income tax rate — 55% % (Income Tax (Petroleum) Act (Cap. 119), https://taxsummaries.pwc.com/brunei-darussalam/corporate/taxes-on-corporate-income)
VAT / GST / sales tax — None — Brunei has no value-added tax, goods and services tax or general sales tax (No VAT/GST statute in force, https://taxsummaries.pwc.com/brunei-darussalam/corporate/other-taxes)
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 assessment (Income Tax Act (Cap. 35), https://taxsummaries.pwc.com/brunei-darussalam/corporate/tax-administration)
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 basis ((approx — confirm)) (Income Tax Act (Cap. 35))

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Brunei tax system at a glance

Brunei tax system overview — 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 dollar (Currency Order / Currency Interchangeability Agreement)

Tax authority — Revenue Division (Income Tax Board), Ministry of Finance and Economy (MoFE) (Income Tax Act (Cap. 35), https://www.mofe.gov.bn/Divisions/income-tax.aspx)

Basis of assessment — Preceding-year basis; e.g. year of assessment 2025 is based on income for the accounting period ending in 2024 (Income Tax Act (Cap. 35), https://taxsummaries.pwc.com/brunei-darussalam/corporate/tax-administration)

Personal income tax — None — Brunei imposes no tax on the personal income (employment, investment or other) of individuals, regardless of nationality or residence (Income Tax Act (Cap. 35), https://taxsummaries.pwc.com/brunei-darussalam/individual/taxes-on-personal-income)

Headline corporate income tax rate — 18.5% % (Income Tax Act (Cap. 35), https://taxsummaries.pwc.com/brunei-darussalam/corporate/taxes-on-corporate-income)

Oil and gas exploration/production income tax rate — 55% % (Income Tax (Petroleum) Act (Cap. 119), https://taxsummaries.pwc.com/brunei-darussalam/corporate/taxes-on-corporate-income)

VAT / GST / sales tax — None — Brunei has no value-added tax, goods and services tax or general sales tax (No VAT/GST statute in force, https://taxsummaries.pwc.com/brunei-darussalam/corporate/other-taxes)

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 assessment (Income Tax Act (Cap. 35), https://taxsummaries.pwc.com/brunei-darussalam/corporate/tax-administration)

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 basis ((approx — confirm)) (Income Tax Act (Cap. 35))