firms
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59 Pc Tax Rate Imposed On Foreign Oil Companies08 March 2017The tax rate imposed on foreign oil companies that operate in the divided zone between Kuwait and Saudi Arabia and are subjected to the laws of Kuwait is 59 percent quoting informe...Mp Ahmed Al-fadel Has Submitted Queries On Referral Of Firms To Capital Markets Prosecution06 July 2017MP Ahmed Al-Fadel has submitted queries to Minister of Commerce and Industry and acting State Minister for Youth Affairs Khalid Al-Rowdan on the referral of some companies to the C...Court Asks Foreign Firms To Pay Taxes24 May 2018The Court of Cassation has set a precedent by obliging a foreign international company which markets its products in Kuwait through a local agent to pay accumulated taxes worth mor...Amir Invites More U S Firms To Join In Development06 September 2018 His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah visited US President Donald Trump at the White House on Wednesday midday; he was accompanied by Chief of the Nat...Mpw To Disburse Financial Dues To Firms, Contractors23 September 2018Disbursement of financial dues to the contractors and companies that carried out projects has been suspended by the financial supervisor for four months now, reports Al-Anba daily...Kuwait Reiterates Support For Riyadh – Firms Said To Apologise For Forum Boycott26 October 2018Kuwait’s Deputy Foreign Minister Khaled Al-Jarallah on Wednesday reiterated Kuwait’s support of Saudi Arabia on the matter of the killing of Saudi national Jamal Khasho...Cabinet Bans All Firms Linked To Rainfall Damage Pending Probe20 November 2018The Cabinet meanwhile, banned all companies and architectural firms that designed and implemented housing, infrastructure and road projects damaged by recent heavy rainfall, pendin...862 Firms Probed For Violation Of Law Concerning Private Sector Company13 December 2018The Director of Labor Inspection Department at the Public Authority for Manpower (PAM) Mohammad Al- Ansari revealed 862 companies were referred to the judiciary and the general adm...Real Estate Firms Licenses Cancelled26 December 2018The Ministry of Commerce and Industry has cancelled the license of three real-estate companies and banned 8 persons from engaging in any activity related to the real estate sector,...60 Companies, Consulting Firms In Focus As Rain Damage Probe Begins30 December 2018The fact-finding committee assigned to investigate the recent rainfall crisis will begin work this week, reports Al-Qabas daily. The daily added, about 60 companies and consulti...Moci Suspends Two Firms Specialized In Marketing, Selling Residential Units16 January 2019In a new blow to the real estate companies in Kuwait, the Ministry of Commerce and Industry has stopped two new companies that specialize in marketing and selling residential units...Zakat House Received Kd 93.186m From Firms In Past 3 Financial Years11 March 2019Minister of Finance Nayef Al-Hajraf said the Zakat House has received 93.186 million dinars ‘zakat’ from companies during the past three financial years, reports Annaha...No Kuwaiti Participation Required In Some Firms According To Current Companies Law22 March 2019The repealed Commercial Companies Law No. 15 of 1960 was categorical in requiring of Kuwaiti participation in companies established in Kuwait, and in determining the minimum percen...Foreign Investment Firms Told To Hire Kuwaitis To Enjoy Privileges15 July 2019Kuwait Direct Investment Promotion Authority (KDIPA) has ordered all foreign companies to hire Kuwaitis as a condition to enjoy the privileges it provides to them. The sources a...Public Authority Of Manpower Closes Files Of 2,000 Firms02 July 2020The Emergency and Crisis Management Team formed at the Public Authority for Manpower (PAM) carried out 15 evacuation campaigns for workers of the private sector who expressed the d...