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Brunei vs Belize
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇧🇳 Brunei
vs
🇧🇿 Belize
Tax Year:

💰 Personal Income Tax Calculator

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0%
No personal income tax
No change
0–25%
25% top; fiscal diversification from oil
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
0%
No VAT planned
No change
12.5%
GST 12.5% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
18.5%
18.5%; Halal hub and fintech diversification incentives
No change
1.75–19%
Business tax system; Pillar Two reform discussions
No change

Capital Gains Tax

Capital Gains Tax
0%
No CGT
No change
0%
No CGT
No change

Social Security & Payroll

Social Security / Payroll
~15.5%
Pension contributions stable; adequacy improving
No change
~8%
SSB reform; social protection expanding
No change
State, Regional & Local Taxes

🇧🇳 BruneiNo Sub-National Tax Variation

Brunei Darussalam is an absolute monarchy with no sub-national tax variation. The Revenue Division under the Ministry of Finance administers taxes nationally. Brunei has no personal income tax, making it among the most tax-friendly jurisdictions globally. Corporate income tax applies only to companies. Oil and gas revenues fund the government, providing free healthcare, education, and subsidized housing for citizens. Brunei's Government Linked Companies (GLCs) dominate the non-oil economy. The Brunei Darussalam Economic Blueprint targets economic diversification.

🇧🇿 BelizeMunicipal & Town Council Taxes

Belize's 6 districts and municipal/town councils levy property tax, business tax (turnover-based), and trade licences. Belize has a unique business tax system — a turnover-based tax (1.75%–19% of gross revenues by sector) instead of a traditional profit-based corporate income tax. Belize is a former British colony using English common law. It's a tourism-dependent economy with growing offshore financial services and a significant Belizean diaspora. The country has been working to exit grey lists and improve tax transparency.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Brunei vs Belize: Key Tax Differences (2026)

💰 Income Tax: 🇧🇿 Belize has a higher top income tax rate (0% vs 0–25%). 🇧🇳 Brunei is more favourable for high earners.

🛒 VAT/Sales Tax: Belize has a higher consumption tax (0% vs 12.5%).

🏢 Corporate Tax: Corporate rates are similar in both countries (18.5% vs 1.75–19%).

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All 🇧🇳 Brunei comparisons →All 🇧🇿 Belize comparisons →