BN · AsiaLY · Africa
Brunei vs Libya: tax rates compared
Libya's income tax rate is 10pp higher than Brunei's (10% vs 0%). The 200-country average is 28%: both sit below it.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BN | LY | Difference |
|---|---|---|---|
| Income Tax | 0% | 10% | LY +10 pplargest gap |
| Corporate Tax | 18.5% | 20% | LY +1.5 pp |
| VAT | 0% | 0% | match |
| Capital Gains Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Brunei | 0% | Source: PWC Worldwide Tax Summaries — Brunei Darussalam (Individual, Taxes on personal income) · as of 2026-01-22 |
| Libya | 10% | Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31 |
| Difference | −10 pp | Libya higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Brunei | 18.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Libya | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −1.5 pp | Libya higher |
Libya's corporate tax rate is 1.5pp higher than Brunei's (20% vs 18.5%). The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Brunei | 0% | Source: PWC Worldwide Tax Summaries — Brunei Darussalam (Corporate, Other taxes) · as of 2026-01-22 |
| Libya | 0% | Source: PWC Worldwide Tax Summaries — Libya (Corporate, Other taxes) · as of 2026-05-31 |
| Difference | 0 pp | displayed rates match |
Brunei's VAT rate is identical to Libya's — both sit at 0%. The 181-country average is 15%: both sit below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Brunei | 0% | Source: PWC Worldwide Tax Summaries — Brunei Darussalam (Individual, Income determination) · as of 2026-01-22 |
| Libya | 0% | Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31 |
| Difference | 0 pp | displayed rates match |
Brunei's capital gains tax rate is identical to Libya's — both sit at 0%. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Brunei | 0% | Source: PWC Worldwide Tax Summaries — Brunei Darussalam (Net wealth/worth tax rates) · as of 2026-01-22 |
| Libya | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-31 |
| Difference | 0 pp | displayed rates match |
Brunei's wealth tax rate is identical to Libya's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.