Preamble
Kuwait Today
Issued on 11 December 1954
The Official Gazette of the State of Kuwait
Issued by the Ministry of Information
Appendix 2, Issue 1719
The Seventy-First Year
Tuesday
30 Jumada Al-Akhira 1446 AH
31 December 2024
Content of the Issue
Council of Ministers (2-14)
Council of Ministers
Decree-Law no. 157 of 2024
Issuing the Tax Law on Multinational Entities (MNEs)
Having reviewed the constitution,
The Amiri Decree issued on 2 of Dhul Qidaa 1445 AH, corresponding to 10 May 2024,
The Decree No. (3) of 1955 regarding the Kuwaiti Income Tax and the amending laws.
The Amiri decree no. 12 of 1960 regulating the Legal Advise & Legislation Department of the Kuwaiti Government.
Law no. 16/1960 issuing the Penal Code, along with its amendments.
Law no. 17/1960 issuing the Code of Criminal Procedures and Trials, along with its amendments.
Kuwaiti Income Tax Law in the Designated Zone no. 23/1961.
Law no. 48/1966 on adopting the agreement concluded between the State of Kuwait and the Kingdom of Saudi Arabia regarding division of the neutral zone.
Law no. 32/1968 on banknote and Central Bank of Kuwait and organizing the banking profession, along with its amendments.
Law no. 108/1976 Exempting the Arab and foreign airlines from taxes, as amended by the decree-law no. 53/1979.
Decree-Law no. 31/1978 on rules for preparing public budgets,
monitoring their implementation, and the final account, along with its amendments.
Decree Law no. 38/1980 issuing The Civil and Commercial Procedure Law, along with its amendments.
Decree Law no. 67/1980 issuing The Civil Code, as amended by law no. 15/1996.
Decree Law no. 68/1980 issuing The Commercial Law, along with its amendments.
Decree Law no. 20/1981 Establishing a Directorate in the Court of First Instance to Adjudicate Administrative Disputes, along with its amendments.
Law no. 26/1995 on Free Zones.
Law no. 56/1996 on issuing the Industry Law, along with its amendments.
Law no. 19/2000 on supporting the national workforce and encouraging them to work in non-governmental entities, as amended by law no. 32/2003.
Law no. 35/2000 on adopting an agreement concluded between the State of Kuwait and the Kingdom of Saudi Arabia regarding the submerged zone adjacent to the divided zone.
Law no. 5/2003 on adopting the unified economic agreement among GCC States.
Law no. 10/2003 on the Unified Customs Law for GCC States.
Law no. 46/2006 on Zakat and the contribution of public and closed joint-stock companies to the State budget.
Law no. 22/2009 on adopting the Unified Industrial Organization Law for GCC States.
Law no. 7/2010 on establishing the Capital Markets Department and regulating securities activity and its amendments.
Law no. 98/2013 on the National Fund for Small and Medium Enterprise Development, along with its amendments.
Law no. 106/2013 on anti-money laundering and combating terrorism financing as amended by law no. 24/2016.
Law no. 111/2013 on commercial stores licenses.
Law no. 116/2013 on supporting direct investment in the State of Kuwait.
Law no. 20/2014 on electronic transactions.
Law no. 116/2014 on partnership between public and private sectors.
Law no. 109/2015 on adopting an agreement between the Kuwaiti
Government and the USA Government to improve the international tax compliance and the application of Foreign Account Tax Compliance Act (FATCA).
The companies law issued by law no. 1 of 2016 and its amendments.
Law no. 13/2016 on organizing commercial agencies.
Law no. 49/2016 on public tenders and the amending laws.
Law no. 76/2018 on approving the agreement of the administrative assistance in tax matters.
Law no. 103/2019 on practicing the profession of auditing.
Law no. 125/2019 on regulating insurance.
Law no. 1/2020 on approving an agreement supplementary to the neutral zone division agreement and the submerged area adjacent to the divided zone division agreement between the State of Kuwait and the Kingdom of Saudi Arabia.
Law no. 2/2020 on approving a memorandum of understanding between Kuwait Government and KSA Government.
Law no. 12/2020 on the right to access information.
Law no. 71/2020 on bankruptcy law.
Decree-Law no. 6/2024 on information exchange for tax purposes
Based on the proposal of the Minister of Finance and Minister of State for Economic Affairs and Investment.
After the approval of the Council of Ministers,