Brunei Tax Rates
Brunei does not impose personal income tax, capital gains tax, or VAT, making it one of the lowest-tax countries globally. Corporate income tax is levied at 18.5%, primarily affecting oil and gas companies and larger businesses. The government relies heavily on oil and gas revenues, and the Sultan has maintained a no personal income tax policy as part of Brunei's social contract with its citizens.
Top Income Tax Rate
0%
Corporate Tax Rate
18.5%
VAT / Sales Tax
0%
Capital Gains Tax
0%
Detailed Tax Information
Income Tax Brackets
Brunei does not impose personal income tax on individuals. There is no tax on employment income, investment income, or any other personal income. This applies to all individuals regardless of nationality or residency status.
| Income Range | Tax Rate |
|---|---|
| B$0+ | 0% |
Corporate Tax
Brunei's corporate income tax rate is 18.5%. Companies with taxable income of BND 1 or more are subject to this rate. Oil and gas companies operating under production sharing agreements pay petroleum income tax at 55%. Tax incentives are available for pioneer industries, expansion of existing businesses, and companies in promoted sectors.
Standard Rate
18.5%
Capital Gains Tax
Brunei does not impose capital gains tax on any type of asset disposal.
Rate
0%
VAT / Sales Tax
Brunei does not impose VAT, GST, or any general sales tax. There are no consumption taxes beyond specific excise duties on tobacco, alcohol, motor vehicles, and petroleum products.
Standard Rate
0%
Cryptocurrency Tax
Brunei has not introduced cryptocurrency regulations or specific tax rules. The Autoriti Monetari Brunei Darussalam (AMBD) has issued warnings about cryptocurrency but has not banned or regulated it. Given the absence of personal income tax and capital gains tax, individual crypto gains would not be taxed.
Tax Treaties
Brunei has approximately 18 double taxation agreements in force, focusing on major trading partners in ASEAN and beyond.
Treaty Network
18
Double taxation agreements
Major treaty partners:
Key Details
Relocate to Brunei
See how much you could save by moving here from your current country.
+$19K
Tax in United States
$24K
24.4% effective
Tax in Brunei
$5K
5% effective
You Save
79.5%
less tax annually
US Citizens: Important Note
US citizens are taxed on worldwide income regardless of residence. You'll still need to file US taxes, though the Foreign Earned Income Exclusion and Foreign Tax Credit may reduce your liability.
