What type of government does brunei have

Thanks to such commitments, the non-oil sector's contribution to the GDP rose from The government actively encourages more foreign investment. It extends "pioneer status" to aircraft catering services as well as the cement, textile, furniture, glass, plastics, and synthetic rubber industries. Pioneer status companies can get exemption from the 30 percent corporate tax.

One of the government's most important priorities is to encourage Brunei Malays to move into the private sector from the public sector where most are employed. The government policy of "Bruneisation" of the workforce encourages Brunei Malays to work in the private sector.

The Bruneian government also boosts private business to nurture Brunei Malay leaders in industry and commerce. The sole tax levied by the government of Brunei is the corporate tax, generally 30 percent. Otherwise, everything that is normally taxed in other countries— capital, gains, import and export, sales, manufacturing—is free of tax, and there is no personal income tax.

The huge government revenues from oil and gas are sufficient to finance government expenditures, and Brunei is the least taxed country in the region and perhaps in the world. Toggle navigation. User Contributions: 1. Could anyone please kindly tell me more about Brunei? I oohave 2 question to ask. Brunei is one of the few remaining absolute monarchies in the world, and the only one in Asia.

As absolute monarch, the Sultan of Brunei is thus the head of state and head of government. See the Prime Minister's Office website in English. Brunei is a member of the Commonwealth. The following resources include general country information - history, demographics, economy, politics and government etc. Image Source: Wikipedia. Doing Business in Brunei. Brunei Legal Research Guides. The Legal System of Brunei. Definitions of the major governmental terms are as follows.

Note that for some countries more than one definition applies. Anarchy - a condition of lawlessness or political disorder brought about by the absence of governmental authority. Authoritarian - a form of government in which state authority is imposed onto many aspects of citizens' lives. Commonwealth - a nation, state, or other political entity founded on law and united by a compact of the people for the common good.

Communist - a system of government in which the state plans and controls the economy and a single - often authoritarian - party holds power; state controls are imposed with the elimination of private ownership of property or capital while claiming to make progress toward a higher social order in which all goods are equally shared by the people i. Confederacy Confederation - a union by compact or treaty between states, provinces, or territories, that creates a central government with limited powers; the constituent entities retain supreme authority over all matters except those delegated to the central government.

Constitutional - a government by or operating under an authoritative document constitution that sets forth the system of fundamental laws and principles that determines the nature, functions, and limits of that government. Constitutional democracy - a form of government in which the sovereign power of the people is spelled out in a governing constitution.

Democracy - a form of government in which the supreme power is retained by the people, but which is usually exercised indirectly through a system of representation and delegated authority periodically renewed.

Democratic republic - a state in which the supreme power rests in the body of citizens entitled to vote for officers and representatives responsible to them.