Setting Up a Business in Kuwait
Steps to Start a Business in Kuwait:
1. Choose a business structure: Sole proprietorship, partnership, limited liability company (LLC), or joint venture.
2. Register your business: Obtain necessary licenses and permits from the Kuwait Ministry of Commerce and Industry.
3. Obtain a commercial registration: Required for all businesses operating in Kuwait.
4. Register for taxes: Includes VAT, income tax, and social security.
5. Open a business bank account: Facilitates financial transactions and business operations.