How we are structured

What is 'PwC' and ‘PwC in the Caribbean’?

PwC is the brand under which the member firms of PricewaterhouseCoopers International Limited (PwCIL) operate and provide professional services. Together, these firms form the PwC network. ‘PwC’ is often used to refer either to individual firms within the PwC network or to several or all of them collectively.

As is the case in many parts of the world, accounting firms are required by law to be locally owned and independent. PwC member firms do not and cannot currently operate as a corporate multinational. The PwC network is not a global partnership, a single firm, or a multinational corporation.

For these reasons, the PwC network (including the PwC firms operating in the Caribbean) consists of firms which are separate legal entities. The PwC firms that make up the network and the Caribbean region are committed to working together to provide quality service offerings for clients. Firms in the PwC network are members in, or have other connections to, PricewaterhouseCoopers International Limited (PwCIL), an English private company limited by guarantee. PwCIL does not practise accountancy or provide services to clients. Rather its purpose is to facilitate coordination between member firms in the PwC network. Focusing on key areas such as strategy, brand, and risk and quality, the Network Leadership Team and Board of PwCIL develop and implement policies and initiatives to achieve a common and coordinated approach among individual firms where appropriate. Member firms of PwCIL can use the PwC name and the resources and methodologies of the PwC network are made available to them. In addition, member firms may request the resources of other member firms and/or secure the provision of professional services by other member firms and/or other entities. In return, member firms agree to abide by certain common policies and to maintain the standards of the PwC network as put forward by PwCIL.

Accordingly, the PwC firms operating in the Caribbean are not one international partnership and the individual PwC member firms operating in the Caribbean are not otherwise legal partners with each other. Likewise, the PwC network is not one international partnership and PwC member firms are not otherwise legal partners with each other. Many of the member firms have legally registered names which contain “PricewaterhouseCoopers”, however there is no ownership by PwCIL or PricewaterhouseCoopers Caribbean Region Ltd. (the regional coordinating entity for member firms of PricewaterhouseCoopers Caribbean Region Ltd. and their affiliates). A member firm (1) cannot act as agent of PwCIL,  PricewaterhouseCoopers Caribbean Region Ltd. or any other PwC network member firm, (2) cannot obligate PwCIL or PricewaterhouseCoopers Caribbean Region Ltd. or any other PwC network member firm, and (3) is liable only for its own acts or omissions and not those of PwCIL  or PricewaterhouseCoopers Caribbean Region Ltd. or any other member firm. Similarly, each of PricewaterhouseCoopers Caribbean Region Ltd. and PwCIL cannot act as an agent of any member firm, cannot obligate any member firm, and is liable only for its own acts or omissions.