392
4863471820823978
Borneo8657191075376787117147177
Bulletin1055719107537678093123140153183
Yearbook12527191075305585105135165195222
202014877191075275480107
Companies2287489101094585145185225265285325360
Act2667489101095691116
(Chapter2803489101092671111151191216256281
39)3104489101094686106
or3230489101094671
any3321489101094686121
law3462489101092666126
in3608489101092666
force369448910109317196131171
elsewhere,228750310109406095135195235275300340360
usually2664503101094075115155175195230
as2911503101094075
a30045031010940
“Sdn3061503101093580120160
Bhd”,3238503101094585125160180
“Bhd”3435503101093580120160195
or3648503101094065
“Pvt3730503101093575110135
Ltd”,2287517101093560100135155
which24675171010960100120155195
accrues2682517101094681116141181221256
in,295851710109256585
derives3063517101094686111131166206241
from332451710109305595155
or3499517101094570
receives3589517101093171106146166201241276
income228753110109206095135195235
in2542531101092060
Brunei.2622531101094570110150190210230
Currently,2287559101094585110135175215240260295315
no26225591010964104
tax2746559101094989124
is2890559101094479
levied2989559101094383118138178218
on32275591010964104
unincorporated33515591010964104124164199239264304344369409434474514
companies,2287573101093575135175215255275315350370
personal2677573101095695121156195235275295
income2992573101093676111151211251
and3263573101095696136
capital3419573101095090130150175215235
gains3674573101095696116156191
from228758710109255090150
the2457587101092565105
sale258258710109357595135
of2737587101094065
property2822587101094065105145185210235270
or3112587101094065
an3197587101094080
investment.329758710109205994134169194254294334359379
Pioneer2287615101094060100140180220245
status2552615101097297137162202237
companies28096151010972112172212252292312352387
operating32166151010977117157182222247267307347
specific35836151010972112152187207227247282
industries,2287629101092060100140175200225245285320340
which26476291010995135155190230
has28976291010974114149
been30666291010975115155195
granted32816291010975100140179204244284
pioneer3585629101097595135175215255280
certificate2287643101093575100125145165185220260285325
will2638643101096080100120
be2777643101094686
given2883643101094666101141181
incentives3084643101092565100140180205225260300335
including3439643101092666101121161201221261301
tax3759643101093171106
holiday2287657101094080100120160200235
from254265710109305595155
corporate2717657101094181106146186211251276316
income3053657101092565100140200240
tax3313657101093171106
ranging3439657101093070110150170210250
from370965710109315696156
five228767110109204075115
years2422671101095494134159194
to2636671101094484
202740671101095999
years.2859671101095494134159194214
Other3093671101096994134174199
benefits3312671101095999139179199219244279
include3611671101093979114134174214254
exemption4006489101094075115175215240260300340
from436648910109295494154
import4540489101092484124164189214
duties4774489101094484109129169204
on4998489101094383
machinery51054891010960100135175195235275300335
and5460489101094484124
raw4006503101092565125
materials.41515031010960100125165190210250270305325
Other4006531101095077119160187
notable4215531101094688115156198220262
incentives4498531101092768105147189215237274316353
include4872531101092768105127169210252
tax5146531101093173110
relief527753110109327395117159185
for5484531101093173100
capital4006545101093577119140167209231
expenditure4258545101094582124166208249271298340366408
in4688545101092567
excess4777545101094581118160197234
of5032545101094572
BND151265451010950107159200
million5353545101096082104126147189231
and4006559101094082123
the4151559101095293135
withholding43085591010986108135177218260282324345387429
of4759559101096693
tax4874559101095193129
exemptions50255591010966103145207249275297339381417
for5464559101095293120
interest400657320109206289130157199236263
on4290573201094284
certain4396573201093678105132174195237
loans4655573201092263105147184
from486157320109265395157
non-residents.5040573201094183125152178220257279321362404431468490
The4006601201094082123
country4151601201094890131173200227264
does4436601201095395137173
not4631601201095395121
levy4774601201093375111148
any4944601201095394131
indirect5097601201093375116138165207243270
taxes5389601201093880116158195
such4006615201093577114155
as41836152010979116
value43216152010974116138179221
added45646152010979121163204246
tax48326152010964106143
(VAT)49976152010959106157199221
or52406152010979106
other53686152010979106147189216
consumption4006629201093577119155197259301328349391433
based44616292010977119156197239
taxes.47226292010962104141183220241
Property49856292010978104146188230256283320
tax53276292010962104141
is5490629201095794
imposed4006643201092082124165202244286
only4313643201093981102139
on4474643201093880
properties4576643201093865107148190217244266307344
for494264320109236592
commercial5056643201093375137199240267304326368389
use5467643201093875117
with4006657201096082109150
rates4178657201093677104146183
determined4382657201095193119161188250272313355397
by4801657201095087
the4910657201093577118
local5050657201093172109151173
municipal52446572010971113154176213235276318340
board.4006671201094082123150192214
Taking567137501094078111130168206
advantage7911375010984122155193231255293331369
of11781375010984107
the13031375010969107145
congenial14671375010978117155193231269287326344
business18291375010984122155173211249283316
atmosphere567151501094063121160193231269307330369
in954151501095189
the1061151501095695133
Sultanate,12121515010976114132156194232270293332350
more15801515010991129152191
and17891515010971109147
more19541515010992130153191
foreign56716550109256386125143181219
companies801165501093573132170208246264302336
are1152165501094063101
choosing1268165501093573111150183201239277
Brunei1560165501094569107145183201
Darussalam1776165501095088112150183216254273311369
as567179501094073
their658179501092462100118141
preferred816179501094063101124162186209247285
investment111917950109195790128161184243281319342
destination.1478179501094078111134152191229252270308346365
The567207501094081122
Revenue7102075010989130165206247288329
Division10602075010994115151172207228269310
of13912075010984110
the15222075010969110151
Ministry169420750109114135175196232258284320
of20352075010984110
Finance56722150109355697138178214255
and8432215010961102142
Economy1006221501096197138179219280316
(MoFE)13432215010941112153188229250
was16142215010981122158
appointed17922215010961102143184204245271312353
to567235501092566
handle654235501094485126167188229
the904235501092970111
country’s1036235501093980121162188214250271307
tax1363235501093071107
administration.1491235501094485146167208229265291317357383404445486507
The2019235501094485126
division56724950109406197118154174215256
continuously844249501094687127153174215256297338374394430
reviews1295249501093677113134175235271
and1587249501095192133
strengthens174124950109457197138179220246286327368404
the567263501092566107
income695263501094889125166227268
tax983263501095495131
legislations1135263501094889130151187208248274295336377413
to1569263501095394
increase1684263501094989125151192233269310
tax2015263501095394130
compliance567277501093576137178199219260301337378
and966277501094182122
collection.110927750109367798119160196221242283324345
Under567305501095090130170195
the782305501092969109
Revenue911305501094989124164204244284
Division,1219305501095070105125160180220260280
the1519305501092969109
System1648305501094984119144184244
for191230550109296994
Tax2026305501094484119
Administration567319501095090150170210230265290315355380400440480
and1067319501095999139
Revenue12263195010965105140180220260300
Services15463195010964104129164184219259294
(STARS)1860319501094085125175220265285
was5673335010960100135
set722333501093878103
up845333501094383
as948333501094378
an1046333501094383
online1149333501094383103123163203
tax1372333501092868103
system.1495333501093974109134174234254
The1769333501094383123
system1912333501093873108133173233
facilitates567347501092565100120140160185225250290325
companies909347501093575135175215255274314349
in1278347501091757
handling1352347501094080120160180200240280
matters16483475010960100125150190215250
related191834750109226282122147187227
to567361501092565
taxes652361501092868103143178
such850361501093777112152
as1022361501094378
filing11203615010922426282122162
of1302361501094368
income139036150109226297137197237
tax1647361501092868103
returns177036150109276792132157197232
and2022361501094383123
payment567375501094080115175215255280
of867375501094065
corporate952375501093575100140180205245270310
income128237550109206095135195235
tax1537375501092565100
online.165737550109407999119159199219
Brunei567403501094570110150190210
has7974035010962102137
the954403501094787127
least1101403501094383123158183
number13044035010962102162202242267
of1591403501096287
taxes1698403501094787122162197
in1915403501094383
the2018403501094787127
region,567417501092565105125165205225
making81241750109105145180200239279
it1111417501096590
an12214175010985125
attractive13664175010984109134160199234259279314354
investment17404175010965105140180215240300340380405
destination.567431501094080115140160200240265285325365385
There972431501094787127152192
are1184431501094873113
no1317431501094888
sales1425431501094282102142177
tax,1622431501093373108128
payroll1770431501094887122147187207227
tax,2017431501093373108128
capital567445501093575115135160200220
gains80344550109397999139174
tax,99744550109216196116
manufacturing11294455010960100140180205245280305345370390430469
tax161844550109216196
and1730445501094080120
personal1865445501094080105140180220260280
income56745950109206095135195235
tax.822459501092767102122
Corporate967459501094584109149189214254279319
income130645950109236398138198238
tax1564459501092767102
in1686459501092262
Brunei1770459501094571110150190210
is2000459501092358
at2078459501094267
18.5567473501094080100140
per727473501095090115
cent,862473501094686126151171
one1053473501095090130
of1203473501095075
the1298473501093676116
lowest1434473501093070130170205230
in1684473501093070
the1774473501093676116
region.1910473501093575115135175215235
However,567487501095090150190225265290310
companies897487501093979139179219259279319354
involved127148750109236398138158193233273
in1564487501092464
the1648487501092969109
exploration1777487501094378118138178203243268288328368
and567501501094080120
production707501501094570110150190225250270310350
of1077501501094570
oil116750150109466686
and1273501501094585125
gas1418501501094585120
receive1558501501093171106146166201241
a18195015010945
tax1884501501093171106
rate201050150109307095135
of567515501094065
55652515501094080
per752515501094080105
cent.877515501093575115140160
Newly567543501095595155175210
incorporated7975435010973113148188213253293318358383423463
companies12805435010989128189228268308328368403
receive17035435010979119154194214249289
an20125435010993133
exemption567557501094075115175215240260300340
for927557501093575100
the1047557501093474114
first118155750109305075110135
BND100,00013365575010955110160200240280300340380420
chargeable1775557501094585125150190230270310330370
income56757160109206095135195235
during815571601094080105125165205
the104057160109185898
first115257160109204065100125
three129757160109185883123163
years1473571601093575115140175
of1662571601094065
assessment.1740571601094075110150185220280320360385405
Additionally,567585601095090130150175195235275315335355390410
a9975856010942
tax1059585601092868103
threshold118258560109286893133168208248268308
is1510585601092257
granted1587585601094368108148173213253
to1860585601092767
newly1947585601094383143163198
incorporated56759960109206095135160200240265305330370410
and997599601095191131
existing1148599601095287107142167187227267
companies1435599601094787147187227267287327362
to1817599601093676
reduce1913599601093777117157192232
the567613601092565105
tax692613601094989124
liabilities836613601094464104144164184204229249289324
of1180613601096388
small12886136010959119159179199
and15076136010964104144
medium-sized16716136010984124164184224284309344364394434474
enterprises567627601094080105145170210235255290330365
(SMEs).952627601092065135175210230250
Corporate567655601094585110150190215255280320
income907655601095999134174234274
Tax12016556010979119154
is1375655601095994
levied1489655601095898133153193233
on17426556010979119
limited1881655601095979139159184224264
companies567669601093575135175215255275315350
incorporated937669601092766102141166206246271311336376416
or1373669601094772
registered1465669601093272112132167192232257297337
under1822669601094686126166191
the2033669601093272112
FAVOURABLE56779603739321331343355367379391310061099
TAX1716796037393213313
SYSTEM20797960373100200300393487647