The Government of Brunei Darussalam has signed Avoidance of Double Taxation Agreements (DTA) with a number of countries which serves to lessen the burden of tax on companies when operating in Brunei Darussalam and the other signatory country.

To claim for credit against Brunei Darussalam tax, evidence of payment must be produced to support the claim.

Status of Brunei's DTA with other countries

NO.	COUNTRY	EFFECTIVE DATE
1	The United Kingdom	1950
2	The Republic of Indonesia	2002
3	The People's Republic of China	29 December 2006
4	The Republic of Singapore	1 January 2007
5	The Socialist Republic of Vietnam	1 January 2010
6	The Kingdom of Bahrain	1 January 2010
7	The Sultanate of Oman	1 January 2010
8	Japan	1 January 2010
9	The Islamic Republic of Pakistan	1 January 2010
10	Malaysia	1 January 2011 (for taxes withheld at source); 1 January 2012 (for other taxes on income)
11	Hong Kong Special Administrative Region	1 January 2011
12	Lao People's Democratic Republic	(signed on 22 April 2006, not yet in effect)
13	The Kingdom of Kuwait	(signed on 13 April 2009, not yet in effect)
14	Republic of Tajikistan	(signed on 3 April 2010, not yet in effect)

In line with the establishment of high standards of transparency and exchange of information as set out by Organisation for Economic Cooperation and Development (OECD), Brunei Darussalam have started the process of renegotiating the provisions relating to exchange of information in the existing treaties. As a result, a Protocol has been signed with the Republic of Singapore updating the Article on exchange of information as per the latest internationally agreed standards. Meanwhile, new treaties signed in year 2009 onwards, contain the latest provisions on exchange of information. These includes DTA with Malaysia, Hong Kong Special Administrative Region and Republic of Tajikistan.
 

Status of Brunei's Protocol amending EOI with other countries

NO.	COUNTRY	EFFECTIVE DATE
1	The Republic of Singapore	29 August 2010

 

The Government of Brunei Darussalam has also signed the Tax Information Exchange Agreement (TIEA) as part of its commitment towards international exchange of information. Unlike DTA, the objective of TIEA is to promote cooperation in tax matters through exchange of information between the signatory countries especially cooperation in countering abuses of the financial system. 

 

Status of Brunei's TIEA with other countries

NO.	COUNTRY	EFFECTIVE DATE
1	The Republic of France	(signed on 30 December 2010, not yet in effect)

The Revenue Division under Ministry of Finance is also responsible for the negotiation of Bilateral Investment Treaty (BIT) on behalf of Government of Brunei Darussalam. This treaty serves to protect investors and investments of both signatory countries.

Status of Brunei's BIT with other countries
 

NO.	COUNTRY	EFFECTIVE DATE
1	The Federal Republic of Germany	1998
2	The Sultanate of Oman	25 January 2006
3	The Republic of Korea	30 October 2003
4	The People's Republic of China	2000
5	Ukraine	26 April 2006
6	The Republic of India	15 February 2009
7	The Kingdom of Bahrain	24 November 2009

 

 

The Government of Brunei Darussalam is also signatory to the ASEAN Agreement on the Protection and Promotion of Investment with all ASEAN countries in 1986. The new ASEAN member countries acceded to the Agreement when they joined ASEAN. In addition, the Government of Brunei Darussalam has also signed the Agreement on the ASEAN Investment Area.

Updated as of 19 May 2011