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Brunei Investment

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Tips:Investment and Trade PolicyMinistry of Industry and Primary Resources of Brunei acccording to the Act of Encourage Inves
 Investment and Trade Policy
Ministry of Industry and Primary Resources of Brunei acccording to the Act of Encourage Investment have delineated the ten projects industry as well as the products of these industries to be"pioneer industry" or "pioneer industrial products”, such as steel mills, glass industry, paper mills, etc.,which can be exempt from corporation tax of 30% within a certain period of time, and also exempt from corporate tax for 2-8 years. But it can not be a sole proprietorship,investors must joint investment with Malaysian, Brunei has a 51% stake. Fields of forest and deep-sea fishing is not open to the public. For high-tech manufacturing and export-oriented industrial investment Sole proprietorship is allowed and it can enjoy duty-free for imports of machinery, raw materials, and other accessories.
 
 


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