Tax Retention for Kuwaiti Companies – Download Now

While Kuwaiti companies are exempt from income tax, they must comply with mandatory 5% retention rules on payments to contractors. This newsletter outlines legal obligations, compliance procedures, and the consequences of non-adherence.

What’s Inside:

  • 5% withholding requirement on all contracts
  • How to obtain and apply a Tax Clearance Certificate (TCC)
  • Risks and penalties for non-compliance
  • Reporting obligations for contracts with foreign parties

Download the Tax Retention Compliance Newsletter (PDF)