Crypto Regulation in Brunei

Restricted

Tax Information

Capital Gains (Personal)
0% - no personal income tax
Capital Gains (Corporate)
18.5% CIT
VAT on Crypto
No
Staking Tax
No personal tax
Airdrop Tax
No personal tax
Mining Tax
--

Licensing & Registration

License Required
No
Regulator
AMBD (Autoriti Monetari Brunei Darussalam)
Framework
No crypto-specific framework; AMBD has warned against crypto use
License Types
--
Estimated Cost (USD)
N/A
Timeline
N/A months
Ease of Licensing
Very Complex

AML / KYC

KYC Required
Yes
Travel Rule
No
FATF Member
--
FATF Status
--
Suspicious Activity Reporting
--

Mining

Mining Legal
Yes
Status
Restricted
Electricity Cost ($/kWh)
$0.03
Renewable Energy
20%
Climate
Tropical
Infrastructure
Good
Tax on Mining Income
18.5% CIT
Notes
Very competitive electricity rates make this jurisdiction attractive for mining operations.

DeFi, Stablecoins & NFTs

DeFi: restrictedStablecoins: restrictedNFTs: unregulatedCBDC: none

Soken Services

Legal Opinion
Available | $5,000 - $20,000 | 14 days
Banking
Difficulty: Very Hard | Crypto-friendly banks: none listed
Min. Deposit
$10,000
Fiat Rails
SWIFT
Card Payments
Visa, Mastercard

Sources

Autoriti Monetari Brunei Darussalam
low

Frequently Asked Questions

Is crypto legal in Brunei?
Cryptocurrency is currently classified as "Restricted" in Brunei.
What is the crypto tax rate in Brunei?
In Brunei, the personal capital gains tax on crypto is 0% - no personal income tax, and the corporate tax rate is 18.5% CIT.
Do I need a crypto license in Brunei?
No, Brunei does not currently require a specific crypto license, though other financial regulations may apply.
Is crypto mining legal in Brunei?
Yes, crypto mining is legal in Brunei. Electricity costs approximately $0.03/kWh. Mining income is taxed at: 18.5% CIT. Very competitive electricity rates make this jurisdiction attractive for mining operations.
What are the AML/KYC requirements for crypto in Brunei?
Yes, crypto businesses in Brunei must comply with KYC (Know Your Customer) requirements.