Your Trusted Partner
Begin Your Business Journey in Kuwait with PlusUAE!
At PlusUAE, we make business setup in Kuwait easy and stress-free. From company registration to securing licenses, our comprehensive services cover every step to ensure your venture starts strong. Focus on growing your business—leave the rest to us!
BUSINESS SETUP IN KUWAIT
Guiding Your Business Journey with Expertise and Care
At PlusUAE, we specialize in business setup in Kuwait, helping companies establish and grow in this dynamic market. Our comprehensive services include company formation, PEO services, and obtaining necessary government approvals, ensuring a smooth start and successful operations in Kuwait.
Benefits of Starting a Business in the Kuwait
The government has implemented streamlined procedures for business setup.
The country’s high purchasing power creates a lucrative market for various goods and services.
The government actively encourages foreign investment and provides support for businesses.
Attractive corporate tax rate, sector-specific exemptions, and no personal income tax for expatriate employees.
Kuwait imposes no personal income tax, corporate tax, or VAT.
As a member of the GCC, Kuwait provides access to a market of over 50 million people.
The country has a well-developed banking and financial sector.
Kuwait’s oil and gas reserves offer opportunities for related businesses.
Types of Business Setup in Kuwait
Limited Liability Company (WLL)
A Limited Liability Company (WLL), also known as “With Limited Liability” in Kuwait, is the most common business structure for both local and foreign investors.
- Limited Liability: Protects personal assets of shareholders.
- A minimum of two shareholders is required.
General Partnership
A General Partnership in Kuwait is a business structure involving two or more individuals who share in the management, profits, and liabilities of the business
- Relatively simple to form compared to other business structures.
- At least 51% of the partnership must be owned by Kuwaiti nationals.
Limited Partnership
A Limited Partnership in Kuwait involves at least one general partner with unlimited liability and one or more limited partners with limited liability.
- Invests in the business but has limited liability up to their investment.
- At least 51% of the partnership must be owned by Kuwaiti nationals.
Joint Stock Company
A Joint Stock Company (KSC) is a corporate entity in Kuwait where the capital is divided into shares. These shares can be owned by an unlimited number of shareholders, making it suitable for large-scale businesses.
- A separate legal entity from its shareholders.
- Shareholders are liable only up to the amount of their investment.
Branch Office
A branch office is an extension of a foreign company, operating under the parent company’s name. It’s a common way for foreign businesses to establish a presence in Kuwait without forming a separate legal entity.
- 100% owned by the parent company.
- The parent company is responsible for all liabilities of the branch office.
Representative Office
A representative office is a limited form of business presence in Kuwait for foreign companies. Its primary purpose is market research, promotion, and liaison activities.
- 100% owned by the parent company.
- Cannot engage in commercial activities like sales, distribution, or manufacturing.
Your trusted guide to Kuwait business setup!
Ready to launch your business in Kuwait? Plus UAE offers expert guidance and efficient solutions for business setup. Whether you’re a multinational firm or a small business, we provide tailored support for a smooth and successful setup experience. Start your journey in Kuwait with confidence!
Speak to our Business Setup Experts Today with Plus UAE!
Who We Are?
Plus UAE is a leading business consultancy firm with a strong presence in Abu Dhabi and Dubai, UAE, and an expanding footprint across Saudi Arabia, Bahrain, Qatar, Oman, Kuwait, and India. Our firm specializes in providing expert support to both local and international investors, guiding them through the complexities of starting and growing their businesses in these dynamic regions.
Who choose us?
Local Knowledge
We know the business rules and environment in the UAE, Saudi Arabia, Bahrain, Qatar, Oman, Kuwait, and India very well.
Many Services
We offer business setup, sponsorship, visa services, help with government approvals, support for the oil and gas industry, marine solutions, and more.
Government Approvals
We help get approvals for key sectors like ADNOC, ADMA, ZADCO, Burooj, and Takreer in the UAE, and similar approvals in other regions.
Legal Help
We guide clients through complex legal procedures and government regulations.
Custom Solutions
We provide solutions tailored to the unique needs of each client.
Reliable Sponsorship
We offer fixed annual fee sponsorship services that are dependable and cost-effective.
Strategic Locations
With offices in Abu Dhabi, Dubai, Saudi Arabia, Bahrain, Qatar, Oman, Kuwait, and India, we can support businesses across these areas.
Growth Focus
We are dedicated to helping our clients achieve and exceed their business goals.
High Quality
We are committed to delivering top-quality services.
Happy Clients
Our honest approach has earned us many satisfied clients and referrals.
Our Services
At PlusUAE, we make starting and managing your business in the Kuwait effortless with our comprehensive range of services:
Business Formation & Registration
Guide you through the complete process of forming and registering your business, ensuring compliance with Kuwaiti regulations.
PEO and EOR Services
Comprehensive management of payroll, HR, and employee benefits, along with handling employment contracts and compliance for foreign businesses.
Ongoing Support
Provide continuous support to keep your business compliant and thriving.
Visa Processing
Manage the visa application process for you and your employees.
Trade License Application
Handle the application and paperwork for obtaining your trade license.
Bank Account Setup
Facilitate the opening of a business bank account to suit your needs.
Local Partner Assistance
Help in finding and establishing local partnerships if required for certain business sectors
Jurisdiction Selection
Assistance in choosing the right business location—whether within a Kuwaiti Free Zone, a local business district, or an offshore setup.
With PlusUAE, you receive expert advice, streamlined processes, and personalized support to ensure a smooth and successful business setup in the Kuwait.
Steps to Guide You Through Business Setup in the Kuwait
1. Business Planning and Research
Conduct market research. Develop a comprehensive business plan.
2. Choose a Business Structure
Select a suitable legal structure (LLC, Joint Stock Company, etc.).
3. Obtain Necessary Approvals
4. Obtain Necessary Licenses and Permits
Reserve a company name, Draft articles of association, Obtain commercial registration from MOCI.
5. Tax Registration
Obtain a Tax Identification Number (TIN). Register for VAT (if applicable).
6. Bank Account Opening
Establish a corporate bank account.
7. Licensing and Permits
Acquire necessary licenses and permits for business operations.
8. Labor and Visa
Comply with labor laws (if hiring employees). Obtain visas for foreign employees (if applicable)
9. Set Up Your Business Premises
Secure a physical address for your business operations. Acquire permits for the business premises.
10. Launch Your Business:
Finalize setup and start operations.
Ready to start your business in the Kuwait or have any inquiries?
Contact our business consultancy team today for expert guidance and support every step of the way
FAQ'S
While traditionally requiring a Kuwaiti partner with a majority stake, the Foreign Direct Investment Law allows for 100% foreign ownership in certain sectors with specific approvals.
Kuwait has no corporate or personal income tax, but there are other fees and regulations to consider.
Required documents typically include passport copies, visa copies, business plan, bank reference letter, lease agreement, and Memorandum and Articles of Association
While traditionally required, the Foreign Direct Investment Law allows for 100% foreign ownership in certain sectors with specific approvals.
Challenges include navigating bureaucracy, finding qualified local talent, and understanding local business culture.
Kuwait offers opportunities in sectors like oil and gas, finance, construction, and retail.
Kuwait has free zones offering tax incentives, customs exemptions, and simplified procedures for foreign investors.
Plus UAE provides expert consultancy and assistance throughout the company setup process, including registration, licensing, and compliance with local regulations.
Yes, Plus UAE can guide you through the process of opening a business bank account, including providing the necessary documentation.
Have any Question? Get in Touch!
Give us a call or drop by anytime, we endeavour to answer all enquiries within 24 hours on business days. We will be happy to answer your questions.
- marketing@plusuae.com
- +971 56 103 3299 / +971 2491 9050
- +971 2491 9060
- 202 Tessco Corporate Tower 1020, E11, Al Danah, Al Markaziyah, Abu Dhabi, United Arab Emirates