GTL Summary:

Article 5 of Decree-Law No. 157 of 2024 assigns the responsibility for implementing Kuwait's Qualified Domestic Minimum Top-Up Tax (QDMTT) law to the Prime Minister and relevant Ministers, each acting within their respective purviews. The provision mandates that the decree-law be published in the official gazette to ensure its legal standing and public dissemination. Critically, it establishes a clear timeline for enforcement, stipulating that the law and its associated tax obligations for in-scope Multinational Enterprises shall formally come into effect from 1 January 2025. The article is formally authorised by the Emir.