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Brunei Tax Information

No sales tax

No VAT, GST, or sales tax in Brunei. Business license required. Some excise duties apply to specific goods.

Freelancer Services to Invoice

  • Hourly consulting
  • Project-based work
  • Retainer agreements
  • Milestone billing
  • Rush/priority fees

Invoice Requirements in Brunei

Business registration
Company name
Client details
Invoice number
Total in BND

Payment Terms

Net 14 or Net 30 is standard. Consider 25-50% deposits for larger projects.

Tunai14 hari30 hariAkhir bulan

Payment Methods in Brunei

Bank TransferBIBDBaiduriCredit CardCash

Freelancer Invoice Tips

  • Always use a unique invoice number
  • Clearly state payment terms upfront
  • Include detailed breakdown of work
  • Add late payment fees
  • Keep copies for tax purposes

Frequently Asked Questions

What tax rate applies to freelancer invoices in Brunei?

Brunei has No sales tax. No VAT, GST, or sales tax in Brunei. Business license required. Some excise duties apply to specific goods.

What payment methods are common for freelancers in Brunei?

Common payment methods in Brunei include: Bank Transfer, BIBD, Baiduri, Credit Card, Cash. Net 14 or Net 30 is standard. Consider 25-50% deposits for larger projects.

What should freelancer invoices include in Brunei?

Your invoice should include: Business registration, Company name, Client details, Invoice number. For freelancer services specifically, also include: Hourly consulting, Project-based work, Retainer agreements.

How do I invoice for hourly freelance work?

List each task with hours worked and hourly rate. Include dates and detailed descriptions.

Should I charge a deposit as a freelancer?

Yes, especially for larger projects. A 25-50% deposit protects you from non-payment.

Does Brunei have VAT or sales tax?

No, Brunei has no VAT, GST, or general sales tax. This makes it attractive for business. Revenue comes primarily from oil and gas sector. Only specific excise duties on certain goods.