Kuwait to Implement 15% Corporate Tax on Multinational Companies from 2025

In a major step toward diversifying its economy, Kuwait has announced the implementation of a 15% corporate tax on multinational companies starting in 2025. This policy is strategically designed to boost non-oil revenue, a crucial requirement for the country’s economic diversification. It also aligns with the broader Gulf Cooperation Council (GCC) initiative to expand beyond … Read more

Kuwait New Work Permit Rules 2025: Updated Fees, Job Transfer Rules and Employer Guidelines

Kuwait has recently implemented significant changes to its work permit regulations, affecting expatriate workers and employers alike. These updates aim to streamline the labor market, reduce dependency on foreign workers in certain sectors, and align with Kuwait’s Vision 2035 goals. Below is a detailed breakdown of the new work permit rules, their impact, and essential … Read more