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Skip Navigation LinksPioneer Service Companies

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Investing in Brunei Darussalam
Pioneer Industries
Pioneer Service Companies
Post Pioneer Companies
Expansion Of Established Enterprises
Expanding Service Companies
Production For Export
Export Of Services
International Trade Incentives
Foreign Loans For Productive Equipment
Investment Allowances
Warehousing And Servicing Incentives
Investment In New Technology Companies
Overseas Investment And Venture Capital Incentives
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  • - When the Minister considers it expedient in the public interest
  • - Where a company is engaged in any qualifying activity as follows:-

1

Any engineering or technical services including laboratory, consultancy and research and development activities;

2

Computer-based information and other computer related services *;

3

The development or production of any industrial design;

4

Services and activities which relate to the provision of leisure and recreation;

5

Publishing services;

6

Services which relate to the provision of education;

7

Medical services*;

8

Services and activities which relate to agricultural technology;

9

Services and activities which relate to the provision of warehousing facilities;

10

Services which relate to the organization or management of exhibitions and conferences;

11

Financial services;*

12

Business consultancy, management and professional services*;

13

Venture capital fund activity;

14

Operation or management of any mass rapid transit system;

15

Services provided by auction house;

16

Maintaining and operating a private museum; and

 

Such other services or activities as the Minister may prescribe.

NOTE * The pioneer services certificates have already been granted to companies.


Tax Relief Period
The tax exemption period of a pioneer service company, shall commence on the commencement day.Exemption period for 8 years but Extension Not exceeding 11 years in total.  In relation to financial services 5 years, which may be extended for further 5 years not exceeding 10 years in total.

QUALIFYING ACTIVITY

TAX EXEMPTION PERIOD

Any qualifying activity

8 years

Financial services

5 years

Extension  Any qualifying activity

Not exceeding 11 years in total

Extension Financial services

Not exceeding 10 years in total

 

Investment Incentives

  • - Exemption from income tax
  • - Carry forward of loss and allowance.​