Documents for a KDIPA application

The situation

KDIPA assesses the investor and the project's benefits to Kuwait.

The law

• Law No. 116 of 2013 on the promotion of direct investment (KDIPA): KDIPA can licence up to 100% foreign owned entities and grant incentives including tax relief, outside the general 49% limit

What it means for you

Expect parent company documents, financial statements, a business plan with investment size, a Kuwaiti hiring and training plan, and details of technology or know how transfer. Legalise foreign documents early. Weak business plans are the usual cause of delay.

What to do

1. Collect parent documents.
2. Write the business plan.
3. Add a Kuwaiti employment plan.
4. Submit through KDIPA.

Confirm the current KDIPA document list.

Related

• KDIPA incentives for groups in DMTT
• KDIPA approval and tax registration
• Kuwaiti hiring commitments under KDIPA
• Can KDIPA give 100% foreign ownership
• Which projects KDIPA tends to approve
• KDIPA branch versus subsidiary