| INVESTMENT IN NEW TECHNOLOGY COMPANIES |
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| Any company incorporated in Brunei Darussalam which intends to use a new technology relating to a product, process or service, may apply using the forms provided to the Minister of Industry and Primary Resources if: |
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The technology, if introduced to Brunei Darussalam would promote or enhance the country's economic or technological development |
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Not less than 30% of the paid-up capital is held by local citizens and/or persons holding resident permits granted as regulated under the Immigration Act (Chapter 17), throughout the whole of the qualifying period of the technology company. |
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| Investment Incentives |
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Carry forward capital allowances during the relief period |
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