Thinking about changing your tax residency from Brunei? Whether you're relocating for work, family, or simply seeking a new adventure, ceasing your tax residency involves several important steps to ensure compliance with local laws.
Review Residency Status
Before proceeding, verify your current tax residency status. A tax resident in Brunei is generally someone who stays in the country for 183 days or more in a calendar year. Ensure you meet the criteria for ceasing residency.
Settle Outstanding Taxes
Ensure that all outstanding taxes are settled. This includes any income tax, property tax, and other financial obligations to the Brunei Revenue Authority. Obtain a clearance certificate as proof of settlement.
Notify Brunei Revenue Authority
Formally notify the Brunei Revenue Authority of your intention to cease tax residency. This can be done through a written letter or by filling out the appropriate forms provided by the authority. Include your personal details, tax identification number, and the effective date of cessation.
Provide Supporting Documents
Submit supporting documents that may be required by the Brunei Revenue Authority. This could include proof of relocation, such as employment contracts, rental agreements, or proof of property sale.
Confirm Receipt and Compliance
After submitting your notification and supporting documents, confirm receipt with the Brunei Revenue Authority. Ensure that all procedures have been complied with and that your cessation has been formally acknowledged.
Legal References
- Income Tax Act (Chapter 35)
- Brunei Revenue Authority Regulations
- Tax Residency Guidelines issued by the Brunei Revenue Authority
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