NewsCase StudiesEvents

Financing a Business in Kuwait


Financing a Business in Kuwait

Recent forum posts


  1. Business & Personal Loan, Financing

    Do you need a quick long or short term Loan with a relatively low interest rate as low as 3%? We offer business Loan, personal Loan, home Loan, auto Loan,student Loan, debt consolidation Loan etc. no matter your credit score.Personal Loans (Secure and Unsecured)Business Loans (Secure and Unsecured)Consolidation Loan and many more.Asia Loan Company Ltdasialoancompanyltd@gmail.comCal

    Total Posts: 1 Last post by asialoancompanyltd


    Good day. Quick loans Service available here. I am a private loan lender that gives out both business and personal loans to individual at a low interest rate of 2% no matter your location. If you are interested Contact me (Whats App) number:+917310847059 Mr. Sumiti

    Total Posts: 1 Last post by sumitihomelen

Financing A Business in Kuwait

Government Incentives

Foreign Direct Investment Law

With the Kuwaiti government keen to reinvest its oil wealth in other parts of its economy, in 2001 it passed the FDI Law No. 8 with various incentives for foreign enterprises, including UK operations, looking to expand or open in the country. The main concession passed was the allowance for businesses that are 100% foreign owned. The key areas the government are trying to stimulate investment are as follows:

  • Infrastructure projects such as water, electricity, sewage and communications.
  • Finance Banks, investment and exchange companies. These are subject to approval from the Central Bank of Kuwait
  • Insurance companies subject to approval from the Ministry of Commerce and Industry or MCI.
  • Information technology and software Development
  • Healthcare hospitals and medicine
  • Tourism hotels and entertainment
  • Media and culture The law exempts foreign involvement in publishing houses, newspapers and magazines.
  • Housing development Foreign investors are forbidden however from speculating on real estate.

The tax incentives and finance incentives for UK businesses include the following:

  • No taxation for 10 years
  • Exemption from or reductions from import duties
  • Government allocation of land or real estate

Kuwait Free Trade Zone

Located in Shuwaikh, Kuwaits main industrial area and near a number of ports, the trade zone offers the following incentives and resources for businesses looking to operate in the zone:

  • 100% foreign owned businesses
  • No import duties for foreign businesses
  • No corporate income tax
  • The allocation of industrial and service licenses without a local sponsor and
  • Human Resources facilities for recruiting and accommodating foreign workers
  • On site consulting and financial services

Private Finance

Credit from financial institutions is available from a variety of private financial institutions that have branches in the country. As with all commercial loans, a strong business plan and an understanding of the local business conventions and etiquette are important if pursuing this form of finance. It is also recommended that you consult an accountant before making a formal approach to a bank.

Click here to Ask an Expert about Financing a Business in Kuwait

Organisations that can assist with Financing a Business

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.