Kuwait, just like other Gulf nations, welcomes expats to start up new businesses. The small nation's robust economy and excellent economic status provide numerous options for creative expats in fields such as imports, services, and consulting. If you are planning on registering a company in Kuwait, then this is for you. Another aspect that attracts foreign investors to Kuwait is the low corporate income tax rate (15%) for foreign-owned businesses (companies managed by Kuwaitis or citizens of other Gulf countries are exempt), as well as the lack of any personal income tax (applicable for both nationals and expats). Total foreign ownership is allowed only if the company setup is thought to be capable of providing jobs and expanding the economy of the country. Furthermore, the company must participate in promoting exports and make profitable use of Kuwaiti services and natural resources. As per the latest KDIPA reports, 37 foreign companies are approved to have 100% foreign ownership. That said, the entire process of company registration in Kuwait can be tiresome and overwhelming. Let us take care of the entire process.

Business structures in Kuwait

If you're a foreigner seeking investment opportunities in Kuwait, the country has a variety of business entities to choose from.

Limited Liability Company (LLC) also known as WLL (With Limited Liability)
Kuwaiti Shareholding Company (KSC) i.e. joint-stock company
Limited Liability Partnership
Commercial agent or distributor
Joint venture

Other investment projects in Kuwait include web and app development, education and training, culture, media and marketing, healthcare, comprehensive housing projects and urbanization, and storage and warehousing services.

Benefits when you register a company in Kuwait

There are numerous benefits of Company registration in Kuwait.

World-class infrastructure facilities right from construction to natural resources
Oil and gas sectors which have been booming since the 1930s
Excellent exchange rates as Kuwaiti Dinar is world’s richest currencies
A Demographic area as it provides an ambience for many investors to initiate a business.