To help Chinese “going global” enterprises and individuals understand the investment environment and relevant tax policies of Brunei Darussalam, we have compiled a Tax Guide for Chinese Residents Investing in Brunei.

The Guide consists of six chapters.

The first chapter introduces the economic situation of Brunei.

The second chapter introduces Brunei’s tax system and main taxes, including income tax, oil profit tax, stamp duty and so on.

The third chapter introduces the tax collection and management system of Brunei, including the tax administration, as well as the tax collection and management of resident taxpayers and non-resident taxpayers.

The fourth chapter of special tax adjustment, because according to the currently available information, Brunei has not established the relevant general anti-tax avoidance rules, the content can not be introduced.

The fifth chapter introduces the tax agreement between China and Brunei and the mutual negotiation procedure, mainly introduces the basic situation of the “Chinese Tax Agreement”, the mutual negotiation procedure and the dispute prevention of the agreement.

The sixth chapter Potential tax risks of investment in Brunei, from the perspectives of information reporting, tax declaration, investigation and identification, enjoying tax treaty treatment, etc., to remind potential tax risks of investment in Brunei.