Kuwait flag Kuwait: Operating a Business in Kuwait

Starting a business in Kuwait

Legal Forms of Companies

Shareholding company
Number of partners: Minimum 5 partners, with no maximum.
Capital (max/min): The minimum capital for a Closed Shareholding Company is KWD 10,000 and for a Public Shareholding Company KWD 25,000.
Shareholders and liability: Partners' liability is limited to the amount contributed.
Limited Liability Company
Number of partners: Minimum 2 partners.
Capital (max/min): KWD 1,000 minimum capital.
Shareholders and liability: Partners' liability is limited to the amount contributed.
Joint Venture (majority owned by a Kuwaiti)
Number of partners: Minimum 2 partners. Maximum 30 partners.
Capital (max/min): Minimum capital of KWD 7,000. 51% of the capital must be Kuwaiti.
Shareholders and liability: Partners' liability is limited to the amount contributed.
General Partnership
Number of partners: Minimum 2 partners.
Capital (max/min): KWD 1,000 minimum capital.
Shareholders and liability: Partners' liability is limited to the amount contributed.
Limited Partnership
Number of partners: Minimum 2 partners. Two types of partners: dormant partners and active partners.
Capital (max/min): KWD 1,000 minimum capital.
Shareholders and liability: Liability of active partners is unlimited. The liability of dormant partners is limited to the amount contributed.

Business Setup Procedures

Setting Up a Company Kuwait Middle East & North Africa
Procedures (number) 5.0 6.3
Time (days) 19.4 19.5

Source: Doing Business - Latest available data.

 
The Competent Organisation
The Ministry of Commerce (in Arabic) issues the commercial license required to perform any commercial activity.  For certain activities, a license must be obtained from other ministry departments as well such as health, communications, etc.
For Further Information
Consult Doing Business Website, to know about procedures to start a Business in Kuwait.
Business in Kuwait

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Latest Update: October 2022