Tax Services

All foreign companies carrying on trade or business in Kuwait are liable to income tax. Gulf Cooperation Council (GCC)-registered entities that are owned solely by Kuwaiti/GCC citizens or corporations which are owned solely by Kuwaiti/GCC citizens are not subject to tax. Similarly individuals and their shareholdings in a corporate body are not subject to tax. Income tax is also levied on the foreign entity’s profit share where such foreign entity is a shareholder in a Kuwait /GCC-registered entity.

Obligations of foreign companies engaged in taxable activities in Kuwait include keeping books and records in the prescribed manner and submitting tax declarations.

In 2008 the tax laws in Kuwait underwent significant amendments.

We provide a full range of tax services to foreign companies towards meeting tax obligations under the Kuwait taxation law. Over the years we have successfully supported several large international companies in dealing with their tax obligations in Kuwait.