Paying Taxes in Brunei Darussalam

The table below addresses the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year in Brunei Darussalam, as well as measures of administrative burden in paying taxes.

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Tax or mandatory contributionPayments (number)Notes on PaymentsTime (hours)Statutory tax rateTax baseTotal tax rate (% profit)Notes on TTR
Corporate income tax 1 6625.5%Taxable profit24.7 
Social security12 785.0%Basic Salary5.6 
Vehicle tax1 -Road Tax at B$4.50 per 100c.cDepending on engine size0 
Property tax1 - Assessed property value small amount
Totals:15 144  30.3 


Notes:
Name of taxes have been standardized. For instance income tax, profit tax, tax on company's income are all named corporate income tax in this table.
The hours for VAT include all the VAT and sales taxes applicable.
The hours for Social Security include all the hours for labor taxes and mandatory contributions in general.