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Kuwait - DOING BUSINESS


Local business incentives


Programmes have been implemented to attract foreign investors. Kuwait is considered as a very attractive country because of the opportunities granted (especially in the oil sector), the very good infrastructures and a very flexible tax system.
To get further information on the different programmes, the Treasury's Offset Programme and the ministry of finance should be consulted.


Legal forms of companies


Form Number of partners/shareholders Minimum and/or maximum capital Liability Registration fee Release of financial documents

The close shareholding company
 
Minimum 5 partners.   KWD 7,500 minimum capital.   Partners' liability is limited to the amount contributed.   About KWD 3,000.   Yes  
Limited Liability Company (WLL's)   Minimum 2 partners.
Maximum 30 partners.  
KWD 7,500 minimum capital.  
Partners' liability is limited to the amount contributed.
 
About KWD 1,500.   Yes  
General Partnership   Minimum 2 partners.   No minimum capital.   Partners' liability is limited to the amount contributed.   About KWD 500.   No  
Limited Partnership   Minimum 2 partners
Two types of partners: sleeping partners and active partners.  
No minimum capital.   Liability of active partners is unlimited. The liability of sleeping partners is limited to the amount contributed.   About KWD 500.   No  


Registration and licensing procedures


Companies must contact the Ministry of Trade for all registration formalities.



Foreign exchange control



Regulations concerning equity investment


As for the Private Limited Company, at least 51% holding interest in the capital must be held by national Kuwaiti. They are not allowed in the insurances and bank sector.  


FDI inflows in Kuwait




FDI inflows (millions US$) 2000 2001 2002 World rank
Foreign Direct Investments (F.D.I.) 7   -67   -20   190 / 196
Sources : UNCTAD Database FDI/TNC


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Last modified in December 2003
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