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Kuwait > Economic and social policy

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Country: Kuwait - Subject: Economic and social policy

  1. Kuwait - Economic and social policy - Law, Act

    Law No. 1 of 2016 Promulgating the Company Law. - Legislation online in Arabic

    Adoption: 2016-02-01 | KWT-2016-L-104052

    Part I: General Provisions.
    Part II: General Partnership Company.
    Part III: Limited Partnership Company.
    Part IV: Partnership Limited by Shares.
    Part V: Joint Venture Company.
    Part VI: Professional Company.
    Part VII: Single Person Company.
    Part VIII: Limited Liability Company.
    Part IX: Public Shareholding Company.
    Part X: Closed Shareholding Company.
    Part XI: Holding Company.
    Part XII: Transformation, Merger, Division and Termination of Companies.
    Part XIII: Supervision, Inspection and Penalties.

    The ministers, each in their respective capacity, shall implement this law, which shall become effective as of 26 November 2012, with the exception of the regulation of Chapter 2 of Section 13, which shall be come effective as of the date as issuance.

  2. Kuwait - Economic and social policy - Regulation, Decree, Ordinance

    Executive Regulations Implementing Law No. 116 of 2013 Regarding the Promotion of Direct Investment in the State of Kuwait. - Legislation online in English Legislation online in Arabic

    Adoption: 2014-12-14 | Date of entry into force: 2014-12-14 | KWT-2014-R-98363

    Chapter I: Definitions.
    Chapter II: Kuwait Direct Investment Promotion Authority.
    Chapter III: One-Stop Shop.
    Chapter IV: Investment Entity and Applications to be submitted to the Authority.
    Chapter V: Rules of License Applications.
    Chapter VI: Incentives and Exemptions.
    Chapter VII: Grievances.
    Chapter VIII: Judicial Officers.
    Chapter IX: Investment Register.

  3. Kuwait - Economic and social policy - Regulation, Decree, Ordinance

    Kuwait Direct Investment Promotion Authority Order No. 35 of 2014 on Principles, Rules and Procedures for Licensing Branches and Representative Offices of Foreign Companies in the State of Kuwait. - Legislation online in English Legislation online in Arabic

    Adoption: 2014-12-14 | Date of entry into force: 2014-12-09 | KWT-2014-R-98438

    Article I: Licensing Requirements for Branches and Representative Offices of Foreign Companies in the State of Kuwait.
    Article II: Terms of Commitment for Licensed Branches and Representative Offices of Foreign Companies in the State of Kuwait.

  4. Kuwait - Economic and social policy - Regulation, Decree, Ordinance

    Ministerial Order No. 226 of 2014 on Small and Medium Enterprises. - Legislation online in Arabic

    Adoption: 2014-02-23 | Date of entry into force: 2014-02-23 | KWT-2014-R-99811

    This Order Regulates the Small and Medium Enterprises Employment, Insurances and Work Permits.

  5. Kuwait - Economic and social policy - Law, Act

    Law No. 116 of 2013 on Promoting Direct Investment in the State of Kuwait. - Legislation online in Arabic Legislation online in English

    Adoption: 2013-06-16 | Date of entry into force: 2013-12-16 | KWT-2013-L-98362

    Article 1: Definitions.
    Article 2: Establishment of the Authority.
    Article 3: Aims of the Authority.
    Article 4: Tasks of the Authority.
    Article 5: Board of Directors of the Authority.
    Article 6: Meetings of the Board.
    Article 7: Conflict of Interest.
    Article 8: Powers of the Board.
    Article 9: Director General.
    Article 10: Financials of the Authority.
    Article 11: Negative List.
    Article 12: Type of Investment Entity.
    Article 13: Rules of Application.
    Article 14: Issuance of Licenses.
    Article 15: Term for Decision on Application.
    Article 16: Rejection of Application.
    Article 17: One-Stop Shop.
    Article 18: Accounts of the Investment Entity.
    Article 19: Compensation for Expropriation.
    Article 20: Disposal of the Investment Entity.
    Article 21: Merger of Investment Entities.
    Article 22: Transfer of Monies Abroad.
    Article 23: Confidentiality of Information.
    Article 24: Legislative Framework of Direct Investments.
    Article 25: Scope of the Law's Application.
    Article 26: Competent Courts.
    Article 27: Incentives and Exemptions.
    Article 28: Applicability of Incentives and Exemptions to Partnerships of the Public and Private Sectors.
    Article 29: Application and Criteria for Granting of Incentives.
    Article 30: Investment Register.
    Article 31: Annual Report.
    Article 32: Sanctions in Case of Violation of the Law or the License.
    Article 33: Appointment and Powers of Judicial Officers.
    Article 34: Obligations of the Investor.
    Article 35: Funds, Assets and Employees of the Authority.
    Article 36: Executive Regulations.
    Article 37: Repeal of Law No. (8) of 2001.
    Article 38: Implementation of the Law.

  6. Kuwait - Economic and social policy - Regulation, Decree, Ordinance

    Implementing regulations to Law No. 65 enacting the Industry Law.

    Adoption: 1999-08-31 | KWT-1999-R-57671

    Makes provision for granting of industrial licences, industrial registers, industrial plots, obligations of industrial enterprises and traders, organisation and duties of the Public Body of Industry, and for some related matters.

  7. Kuwait - Economic and social policy - Law, Act

    Law No. 26 of 1999 on Free Zones. - Act on-line

    Adoption: 1999 | KWT-1999-L-83362

    Provides for the establishment of free zones, for their activities and undertakings.

  8. Kuwait - Economic and social policy - Regulation, Decree, Ordinance

    Resolution No. 1 of 1997 passed by the Stock Exchange Market Commission of Kuwait concerning the rules for listing the shares of closed Kuwaiti and Arab Joint Stock companies in the stock exchange market of Kuwait.

    Adoption: 1997-12-08 | Date of entry into force: 1997-12-09 | KWT-1997-R-53058

    This Resolution is based on the Amiri Decree of 14 August 1983 concerning the regulation of the Stock Exchange Market of Kuwait.

  9. Kuwait - Economic and social policy - Law, Act

    Law No. 56 of 1996 concerning the enactment of the Industry Law. - Law on-line

    Adoption: 1996-09-09 | Date of entry into force: 1996-12-15 | KWT-1996-L-47030

    Comprehensive legislation concerning industrial licenses, industrial register, means of encouraging and supporting the development of industry, and obligations of firms. Creates a Public Body of Industry which shall develop policies to foster industry. The percentage of Kuwaiti personnel engaged in a Kuwaiti industrial enterprise may be no less than 25 per cent (s. 31).

  10. Kuwait - Economic and social policy - Regulation, Decree, Ordinance

    Order by the Finance Minister No. 3 of 1990 concerning customs manifests and regulations.

    Adoption: 1990-03-12 | Date of entry into force: 1990-05-01 | KWT-1990-R-53262

    This Order si based on Law No. 21 of 1964 concerning the boycott of Israel Consolidated Law, and Law No. 13 of 1980 related to Customs. It contains provisions on manifests, means of carriage and shipping and unshipping of goods, rules for exemption of personal effects and commercial samples, transit goods, temporary admission, customs depots, customs clearing, sale of the goods, customs areas, customs violations and persons vested with power to seize and reach.


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