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Kuwait's new Commercial Concealment Law criminalizes traditional nominee structures that have long enabled foreign investors to circumvent ownership restrictions, imposing severe penalties including imprisonment, fines up to KD 100,000, and deportation. With the law taking effect in February 2027, businesses operating under nominee arrangements face an urgent compliance deadline to restructure or risk criminal prosecution, asset confiscation, and permanent closure.

In a jurisdiction whose laws feature various restrictions on foreign ownership (including, but not limited to, restrictions on ownership of real estate pursuant to Law No. 74 of 1979 Regulating the Ownership...