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Any company incorporated in Brunei Darussalam which is desirous of using in Brunei Darussalam a new technology in relation to product, process service may make application provided as follows:-
- - The technology, if introduced in Brunei , would promote or enhance the economic or technological development in Brunei Darussalam,
- - In respect of which not less than 30% of the paid-up capital is beneficially owned by citizens or persons to whom a resident permit has been granted under regulations made under the Immigration Act (Chapter 17) throughout the whole of the whole of qualifying period of the technology company.
Investment Incentives
Deduction allowable to eligible holding company |
