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8.1.2. Other Taxes

The following table provides an overview of other taxes that may be imposed on a company doing business in the country.

Tax Type Rate(s) Notes
Capital Duty NA NA
Payroll Tax No There is no payroll tax separately due by companies on their total payroll expenditure. Employers are required to withhold social security premiums on behalf of their employees.
Social Security contribution by employer 5% and 3.5% An employer is required to contribute at 5% of the salary of employees to the Employee’s Trust Fund and 3.5% to Supplemental Contributory Pension Scheme, provided the maximum contribution does not exceed BND 2,800 per month per salary. In response to the COVID-19 pandemic, SME’s (with not more than 100 employees) impacted by the pandemic can opt for a deferral payment facility for contributions towards the Employee’s Trust Fund and the Supplemental Contributory Pension Scheme, for employees earning not more than BND 1500 per month. The facility is available for the period from 1 August 2021 up to 31 December 2021. The contributions for the facility period will be paid by the Government and the SMEs are required to repay the contributions within 1 year after the end of the facility period.
Social Security contribution by employee 5% and 3.5% An employee is required to contribute 5% of their salary to the Employee’s Trust Fund and 3.5% to Supplemental Contributory Pension Scheme provided the maximum contribution does not exceed BND 2,800 per month per salary.
Stamp Duty Varies Stamp duties are levied at fixed or ad valorem rates on various business documents.
Transfer Tax NA NA
Property Tax Varies as per rates fixed by the municipal board Commercial properties are taxed on the basis of the estimated value of the property. The property tax rates are decided by the local municipal board.
Customs Duty Varies depending on the type of product Goods imported into Brunei are subject to customs duty except for specific exemptions. In general, basic foodstuff and goods for industrial use are exempt from import duties. In response to the COVID-19 pandemic, an exemption from customs duty is provided on the importation of personal hygiene products from 1 August 2021 up to 31 December 2021.
Excise Tax Varies depending on type of product Excise duty is levied on consumer products like perfumes, televisions, cameras, office equipment etc., and the rate varies as per the type of product. In response to the COVID-19 pandemic, an exemption from excise duty is provided for the importation of personal hygiene products from 1 August 2021 up to 31 December 2021.