PIFSS contributions for Kuwaiti staff and end-of-service planning for expatriates

We register the employer and Kuwaiti staff with PIFSS, compute contributions within the salary ceilings, and set up the end-of-service indemnity provision for expatriates, who are outside PIFSS.

KWD 150Setup then monthly

For: Private sector employers with Kuwaiti and expatriate staff.

What we need from you

Kuwaiti employee list and salaries
Contributions
Expatriate staff with start dates and pay
Indemnity provision
Employer licence and manpower file
Registration
Salary components
Ceiling and base
Prior PIFSS statements
Reconciliation

What we discuss

Any Kuwaiti salaries above KWD 2,750?
Contribution ceiling
How many Kuwaitis do you employ?
Kuwaitization under Law 19 of 2000
Is expatriate indemnity provided in the accounts?
Liability builds yearly
Any GCC nationals?
Check applicable scheme

What we file

Register with PIFSS
Compute contributions
Example: salary KWD 1,500: employer 11.5% = KWD 172.5; employee 8% = KWD 120; employee extra 2.5% = KWD 37.5
Provide expatriate indemnity

What you get

PIFSS registration
Monthly reconciliation
Indemnity provision schedule

The law

Social Insurance Law (administered by PIFSS): Kuwaiti employees: employer 11.5% and employee 8% of salary up to KWD 2,750 a month, plus employee 2.5% up to KWD 1,500; expatriates are not covered Source
Private Sector Labour Law No. 6 of 2010: end-of-service indemnity: Expatriate employees receive a terminal indemnity from the employer instead of social security Source
Law No. 19 of 2000 on supporting national manpower (NLST): 2.5% of net profit for Kuwaiti companies listed on Boursa Kuwait; the same law supports Kuwaiti employment in the private sector Source

Questions people ask

Online payment in KWD is not open yet. Send us a message and an adviser for Kuwait confirms the scope and the fee before any work starts.