Most of construction and supply contracts contain liquidated damages clause which enable the employer from imposing penalties upon the contractor or the supplier in case of performance delay or failure regardless the actual damages ...

On 31 December 2024 Kuwait issued Decree No. 157 of 2024 which implements a domestic minimum top-up tax at an effective rate of 15% that is aligned with OECD Pillar Two Global Anti-Base Erosion Model Rules ("the Globe Rules").

Foreign entities are taxed on income earned while conducting business in Kuwait . Kuwait ’s longstanding tax regulations placed a heavy tax burden on foreign investors’ business activities in Kuwait and caused confusion as to the types of income that can be subject to tax.

Tax Disputes Comparative Guide for the jurisdiction of Kuwait, check out our comparative guides section to compare across multiple countries