Learn about barriers to market entry and local requirements, i.e., things to be aware of when entering the market for this country.
With an estimated population of 453,600 in 2020, Brunei’s local market is relatively small. Foreign enterprises are allowed 100% ownership of business scope, operation, and investment. As such, foreign investors are not required to find a local partner to enter the market. However, in certain cases, foreign companies may be required to find a local partner to qualify for certain government and Brunei Shell Petroleum projects. Although U.S. businesses/investors should expect delays—sometimes long ones—when dealing with the local government