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Legal Forms of Companies

Shareholding company
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
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)
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
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
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.
The Competent Organisation
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.
 
Setting Up a Company Kuwait Middle East & North Africa
Procedures (number) 5.0 6.3
Time (days) 19.4 19.5

Source: Doing Business, 2016

 
Business Setup Procedures
Consult Doing Business Website, to know about procedures to start a Business in Kuwait.
Business in Kuwait

Find out more about Operating a Business in Kuwait on GlobalTrade.net, the Directory for International Trade Service Providers.

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Actualitzacions: April 2022

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