Situation
Entering the Kuwaiti market
Setting up or investing in Kuwait for the first time?
A foreign business must first decide how it will be present in Kuwait: through a company, a branch or a commercial agent, each with its own licensing and ownership rules. We advise on that choice, obtain the approvals, and explain the obligations that follow in your language.
What this involves
- 01CorporateCorporate activity in Kuwait is governed by the Companies Law, Law No. 1 of 2016, and its Executive Regulations, alongside related legislations.
- 02TaxationCorporate income tax is imposed by Decree No. 3 of 1955, as amended by Law No. 2 of 2008, at 15% on foreign entities carrying on business in Kuwait, whether directly or through a Kuwaiti counterparty.
- 03Administrative and RegulatoryA large part of commercial activity in Kuwait depends on a decision taken by a ministry, a regulatory authority or a public institution, and on how quickly it is taken.
- 04Commerce and E-CommerceCommercial dealings are governed by the Commercial Law, Decree-Law No. 68 of 1980.
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