Income tax is managed by Tax Department – Ministry of Finance, under the amended law No (2) of 2008. Income tax is imposed on foreign companies operate in the state of Kuwait at 15% of the net profits per annum.
The foreign company in the state of Kuwait is defined as: any business body that practice any business or trad activities in Kuwait whether directly or through an agent and whether established in Kuwait or abroad, and the companies are established in the state of Kuwait as representative offices are also subject to income tax.
Our services in UHY Pillars:
Submitting the registration form and flowing the registration process
Review and audit the tax declaration
Attending on behalf of our clients the documentary inspection
Assisting and following up all tax procedures
