Decision No. 388 of 2024
Category: Foreign Direct Investment (FDI)
Member State: Kuwait
Document Language: Arabic
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Decision No. 388 of 2024 on the rules for obtaining benefits and exemptions for investment entities

August 2024

Decision No. 388 of 2024 outlines the procedures for granting investment licenses and the associated benefits in accordance with the provisions of Law No. 116 of 2023. It establishes the standards and conditions that investors and investment entities must meet when submitting license applications and accessing benefits. The decision requires entities to comply with the criteria set by the authority. Furthermore, it specifies that exemptions and benefits are not applicable to companies bound by the Offset Program during the period of their commitment.