Starting a business in Kuwait
Legal Forms of Companies
- Shareholding company
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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
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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)
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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
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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
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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
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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
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Consult Doing Business Website, to know about procedures to start a Business in Kuwait.
Business in Kuwait
Financial Information Directories
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Latest Update: May 2024