Brunei - Country Commercial Guide
Market Challenges
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With an estimated population of 445,400 in 2022, Brunei’s local market is relatively small. Foreign enterprises are allowed 100 percent 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 oil and gas projects. Although U.S. businesses/investors should expect delays—sometimes long ones—when dealing with the local government.