Brunei Darussalam

Brunei Darussalam (Brunei), located on the northern coast of the island of Borneo in Southeast Asia, is bordered by the South China Sea and Malaysia. It is divided into four districts: Brunei-Muara, Belait, Tutong, and Temburong, with Bandar Seri Begawan as the capital city. The official language of Brunei is Malay, and the currency is the Brunei dollar (BND), which is interchangeable at par with the Singapore dollar (SGD).

Over the last several decades, Brunei has developed from a small sultanate into a wealthy economy primarily due to its export of crude oil and natural gas. As a major oil and gas exporter, Brunei has benefitted from higher world energy prices, and these industries remain the backbone of its economy. Recognising the importance of economic diversification, the government has initiated efforts to reduce dependence on hydrocarbons and promote sectors such as Halal tourism, Islamic banking and finance, and offshore financial services. With its stable political and economic environment, Brunei is positioning itself as an attractive hub for regionally expanding companies and as a centre for Islamic finance.

PwC in Brunei

PwC in Brunei (PricewaterhouseCoopers Services) provides comprehensive professional services, utilising the local team’s knowledge, skills, and expertise in various sectors, as well as the PwC global network of firms, to handle the business needs of local and international clients. PwC offers a wide range of services, including assurance, bookkeeping and accounting, payroll, tax, and consultancy services. The firm continues to work closely with numerous corporations, government agencies, and local enterprises to address intricate business challenges and foster growth.