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In recent years, the phenomenon of money laundering has aggravated and has become floating on the surface in a way that disturbs the owners of commercial companies because of the risks it poses to them and the country’s economy. This is why the legislator confronted it and issued many legislations warning of this phenomenon, as […]

Overview The government of Kuwait has imposed corporate tax under Kuwait Decree No. 3/1955 on Kuwait Income Tax, as amended by Kuwait Law No. 2/2008, at a flat rate of 15%. Kuwait Decree No. 3/1955 provides for some amended provisions making any foreign entity carrying on trade or business in Kuwait, except the ones already […]