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Are there any good business ideas in Kuwait?
If you have a plan of doing a business in Kuwait in 2021 and you are looking for worthwhile investment opportunities and small business ideas in Kuwait, then here you may find some good startup ideas. Kuwait provides a number of lucrative business and investment opportunities to various entrepreneurs especially the youth and the newbies.
Are there any special economic zones in Kuwait?
While Kuwait has created in 1998 one special economic zone for export oriented businesses in Shuwaikh, the Government has put on hold all new applications for registration of businesses. Registration of such entity is hence currently not possible;
What can a wholly foreign owned Kuwait LLC do?
It can be used for various trading and manufacturing business activities. The wholly foreign-owned Kuwait LLC (also known as WLL) Under the FDI Law of 2013, it is possible to setup a 100% foreign owned LLC, after approval from the Kuwaiti Investment Promotion Agency (KDIPA).
How much tax do you pay when starting a business in Kuwait?
Starting a business in Kuwait (with 51% local shareholding) requires corporate tax be paid at 15%. However, if the shareholding is increased to 100%, the company will be completely corporate tax exempt after Kuwait company setup. Contact me!
Last Update: Oct 2021
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