Post on 25-Oct-2020
transcript
LBD PERFORMANCE REPORTINGCYCLE 1 2020
KEMENTERIAN TENAGA
MINISTRY OF ENERGY
As part of the requirement in the LBD Directive, it is COMPULSORY for all Operators,Contractors, and Sub-Contractors to submit LBD Performance Report (includes number oflocal employment and amount of local content).
The LBD Performance Report will now be reported via Business Reporting Portal(https://business.mofe.gov.bn/SitePages/OBR.aspx).
3 times / cycles per year:-
1st Cycle (April)
2nd Cycle (August)
3rd Cycle (December)
1st Cycle, 2020 LBD Performance Report will be open from
1st April 2020 to 30th April 2020
LBD data required - 1st January 2020 to 30th April 2020*The April 2020 data is expected to be finalised so please estimate April data as it is
intended to showcase the latest LBD performance for 1st Cycle 2020.
No submission means NON-COMPLIANCE to LBD Directive 2.
KEMENTERIAN TENAGA
MINISTRY OF ENERGY
To Maximize Economic Spin Off from Oil & Gas Activities By Maximizing Use of Local Workforce and Use of Local Goods and Services…
LBD Directive Objective & Compliance
KEMENTERIAN TENAGA
MINISTRY OF ENERGYMOFE Business Reporting Guideline
https://business.mofe.gov.bn/SitePages/OBR.aspx
KEMENTERIAN TENAGA
MINISTRY OF ENERGY
Note:
For any discrepancies in
this section, kindly
screenshot and email it to
the ICV team
(LBD@me.gov.bn) or
contacts as stated on the
last page
Kindly attach:
For Companies –
Form X and Certificate of
Shares
For Businesses –
Section 16/17
Section 1 – Business Details
Ministry of Energy, Manpower and Industry
KEMENTERIAN TENAGA
MINISTRY OF ENERGY
KEMENTERIAN TENAGA
MINISTRY OF ENERGY
Section 2 – Company Profile
Select organization type from
drop down list as appropriate
Fill in the
sections if
company is
involved in
the above
sector.
KEMENTERIAN TENAGA
MINISTRY OF ENERGY
The percentage
contribution to revenue
from the sector.
Enter BDSIC code as Oil & Gas
related Activity is the Principal
Business Activity (Highest Revenue).
Click this button to refer
to BDSIC codes
Kindly click on Validate to
confirm your principal
business activity
Section 2 – Business Activities and BDSIC
List of BDSIC – e.g. Oil and Gas Industry
Please use the 4 digit BDSIC code which corresponds to the company’s activity.
Section 2 – Business Activities and BDSIC
BDSIC for Oil and Gas related Activities
0910Support Services for Petroleum and Natural Gas Mining
0610Extraction of Crude Petroleum
0620Extraction of Natural Gas
KEMENTERIAN TENAGA
MINISTRY OF ENERGYSection 2 – Business Activities and BDSIC
Section 2 – Description of Services
In 50 characters or less, provide a summary of business
activities.
KEMENTERIAN TENAGA
MINISTRY OF ENERGY
Section 2 – Contact Person
Add contact person
*(Owners, Managing Directors,
Directors, Focal Points)
xxxxxxx xxxxxxx xxxxxxx
xxxxxxx xxxxxxx xxxxxxx
xxxxxxx xxxxxxx xxxxxxx
KEMENTERIAN TENAGA
MINISTRY OF ENERGY
Note:
• Kindly fill in all fields.
• Do not leave any fields
empty / blank.
• For non-relevant fields,
kindly put “0”.
• Please exclude country
code “+673”
• Recommended to fill in
Business / Company
owner’s information
*Please ensure EMAILS &
TELEPHONE NUMBERS
are up-to-date.
KEMENTERIAN TENAGA
MINISTRY OF ENERGYSection 2 – Contact Person
KEMENTERIAN TENAGA
MINISTRY OF ENERGYSection 2 – Company Profile
KEMENTERIAN TENAGA
MINISTRY OF ENERGY
Section 3 – Business Status
Please choose your
current business activity
status
KEMENTERIAN TENAGA
MINISTRY OF ENERGY
KEMENTERIAN TENAGA
MINISTRY OF ENERGY
Section 4 – Employment KEMENTERIAN TENAGA
MINISTRY OF ENERGY
Section 4 – Employment Data
Total Employment Spending
= Local Payroll + Non Local Payroll
Total Employment Spending in Brunei
= Local Payroll + (Non Local Payroll x 50%)
Total Employment Spending Outside
= Non Local Payroll x 50%
Calculation:
KEMENTERIAN TENAGA
MINISTRY OF ENERGY
$10,000+$10,000 = $20,000
$10,000+($10,000 x 50%) = $15,000
$10,000 X 50% = $5,000
Note:
1. Calculation Includes TAP and SCP.
2. Manpower services cost is not reflected as employmentspending.
3. Local employment context including Yellow IC and Red IC.
KEMENTERIAN TENAGA
MINISTRY OF ENERGYSection 4 – Employment Data
Foreign Staff refers to
expats working in the
office
Foreign Workers refers to
expats working outside
(labour work)
KEMENTERIAN TENAGA
MINISTRY OF ENERGYSection 4 – Employment Data
Definition of Total EmploymentThis include paid employees, workingowners/partners and unpaid family workers.
Definition of Payment to EmployeesThis include wages, salaries, allowances,bonus, other benefits and contributions to theEmployees Trust Fund (TAP) andSupplemental Contributory Pension (SCP).
State the total number employed, and themonthly employment spending (payment)until the current cycle.
*Please ensure that the Total Monthly paymentto employees is tally with the sum of Local andNon-local Payroll.
KEMENTERIAN TENAGA
MINISTRY OF ENERGYSection 4 – Employment Data
Payment to EmployeesThis include wages, salaries, allowances,bonus, other benefits and contributions tothe Employees Trust Fund (TAP) andSupplemental Contributory Pension (SCP).
State the total number employed, and the monthly employment spending (payment) until the current cycle.
No. of EmployeeThis include paid employees, working owners/partners and unpaid family workers.
KEMENTERIAN TENAGA
MINISTRY OF ENERGYSection 4 – Employment Data
Section 4 – Employee Information
Please click here to add data of
additional employee
To Edit
employee
details
To delete
employee details
For Edit Button:
Including Resignation of
employees (Field 10)
Only use Delete button:
Double Entry
KEMENTERIAN TENAGA
MINISTRY OF ENERGY
• Please fill in every field.
• Benefit values should
be annual.
• If an employee resigns,
please update Section 4
immediately.
• All currency should be
in Bruneian Dollars.
KEMENTERIAN TENAGA
MINISTRY OF ENERGYSection 4 – Employee Information
KEMENTERIAN TENAGA
MINISTRY OF ENERGYSection 4 – Employee Information
KEMENTERIAN TENAGA
MINISTRY OF ENERGY
Section 5 – Goods and Services Spending
Goods and Services Expenditure in Brunei:
Spending on any services re/purchases of materials/equipment in Brunei or monies paid to Sub-Contractors or suppliers in Brunei.
Goods and Services Expenditure outside Brunei.
KEMENTERIAN TENAGA
MINISTRY OF ENERGY
* If JV percentage is unknown, assume 50% Local Ownership
Vendor DescriptionCompany
BasedOwnership
% of Local
Shareholder
Spend in Brunei
Spend outof Brunei
TOTAL SPENDING
Nautical PersonnelServices Sdn. Bhd.
Manpower Services
Brunei Bumiputra 100% $1,000,000 $0 $1,000,000
Silver Leaf Catering Sdn Bhd
Catering Services
Brunei Local 100% $1,000,000 $0 $1,000,000
NayVee Sdn. Bhd.
Rental of Facilities
Brunei Joint Venture 70% $700,000 $300,000 $1,000,000
UO MeeS.A.R.L
Licensing of Proprietary Software
Brunei International 0% $0 $ 1,000,000 $1,000,000
Service My Ship Pte Ltd
Servicingand Repairs
Labuan International 0% $0 $1,000,000 $1,000,000
Total $2,700,000 $2,300,000 $5,000,000
Example on Calculation of Goods and Services Spending
KEMENTERIAN TENAGA
MINISTRY OF ENERGYSection 5 – Goods and Services Spending
Bumiputra Local Joint Venture International
Local Brunei Citizen
Local Brunei Citizen
Local Brunei Citizen
Bumiputra Brunei Citizen
Bumiputra Brunei Citizen
Bumiputra Brunei Citizen
Bumiputra Brunei Citizen
Bumiputra/Local Brunei Citizen
Bumiputra/Local Brunei Citizen
Permanent Resident
Foreign Person/ International Company
Permanent Resident
Permanent Resident
Permanent Resident
Foreign Person/ International Company
Foreign Person/ International Company
Foreign Person/ International Company
KEMENTERIAN TENAGA
MINISTRY OF ENERGYType of Company Based on Ownership
Definition of Goods & Services SpendingGoods & Services Spending is the cost of spending (expenses) for running the business including fixed asset expenditure. This include purchase of goods, rental of premises, rental and maintenance of machinery and equipment, electricity and water, telecommunication, other professional services such as legal, other general expenses that are connected with the operation of the business EXCEPT employment expenditure which should be reported in Section 4.
Monthly Information on Goods & Services SpendingState the total monthly Goods & Services Spending for the current year in Bruneian dollars
KEMENTERIAN TENAGA
MINISTRY OF ENERGYSection 5 – Goods and Services Spending
KEMENTERIAN TENAGA
MINISTRY OF ENERGY
Section 6 - Revenue Information
Fill in monthly revenue
generated by the business /
company
KEMENTERIAN TENAGA
MINISTRY OF ENERGY
Fill in total revenue derived from the
Oil and Gas Sector for you business
/ company
KEMENTERIAN TENAGA
MINISTRY OF ENERGYSection 6 - Revenue Information
Contacts
Operator Line: 2384488 (Extend to ICV)
LBD Hotline: 729 9111
Muhammad Nazirul Rawi bin Awang Zaimin[nazirul.zaimin@me.gov.bn]
Hj Mohammad Khairul Akramin Bin Hj Abu Bakar[akramin.abubakar@me.gov.bn]
KEMENTERIAN TENAGA
MINISTRY OF ENERGY