Investment Guide - Why Brunei

Political stability Brunei Darussalam has been an independent sovereign Sultanate since 1984 and is governed on the basis of a written constitution which came into effect in 1959.

It has been led by a benevolent monarchy that can be traced back, in an unbroken line of succession, over 600 years to when the first Sultan was installed in 1363.

Wealthy and stale economy

Though it is a small country in terms of the total landmass, Brunei has a wealthy economy which is growing at a steady rate. It has remained stable with an average inflation rate of 1.5 percent over the past twenty years.

Competitive investment incentives

Brunei has a low tariff regime and no capital gains or personal income tax. Other than a 22 percent corporate income tax, from which prospective investors are exempted for up to 20 years, it has no taxes on personal income, sales, payroll, export, capital gains or manufacturing.

Rich in oil and natural gas

Brunei's economy has been dominated by the oil and gas industry for the past 80 years. Hydrocarbon resources account for over 90 percent of its export and more than 50 percent of its Gross Domestic Product (GDP). Today, Brunei is the fourth largest oil producer in South East Asia and the ninth largest exporter of liquefied natural gas in the world.

Strategic location

Situated in one of the most dynamic regions of the world, South East Asia, Brunei is considered the "Hub of ASEAN", within two to three hours flying distance from all its ASEAN neighbors.

High quality of life

Brunei offers a pleasantly high quality of life, ranking the highest in the Islamic World and the third in Asia according to the UNDP Human Development Index.

(Source: Brunei Economic Development Board)

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