Opening a business or shop in Kuwait is a great struggle but, in this article, we will guide you completely on how you can open a business in Kuwait.
If you still have any further questions, contact us on WHATSAPP- 50185819
Step 1-
To open a business in Kuwait you, require a Kuwaiti national. We can help you find the ideal Kuwaiti for your business needs. Note- He Will NOT Take any Profit Percentage, but he will take a fixed charge of STARTING FROM 150 KD per month. The Kuwaiti person will not be concern about your business financial position neither he will be included in it.
Step 2
The Second step to open your business in Kuwait is to choose a location and rent the given shop or office. You must have a rented location where u will be operating the business. This given document is known as Aqaad Ejaar (Rent agreement of the location). The rental agreement can be made on only Kuwaiti name.
Step 3-
After the rent agreement is done, your company registration process will start. The first license is your company license which is known as RUKSA TIJARA.
Step 4-
After the company License You will require, RUKSA ALAAN which is called license of board. Basically, it’s a license for board which you display outside of your shop.
Step 5-
The next legal document which will be made is ITEMAAD TUQIYA (Signature paper). This paper consists of a signature of your Kuwaiti. It is used to verify that your Kuwaiti himself is signing all the legal documents of your company.
Step 6-
One of the most important papers will be established in this step which is called AQAAD TAHSEES (Article of Association paper). This paper will give you a percentage of 49% in your company and Kuwaiti will get 51%. Kindly Note: You can’t have more than 49% share in the company as its legally restricted. The Kuwaiti will not take any share in profit, he will only take his monthly charges.
Step 7-
The last paper to complete your company will be made in this step. The paper is known as SHADA MUSTAKHRAJJ (Partnership paper). This paper will be a digital version of Your Partnership Deed.
The 5 Legal document which you will get are given below:
1- RUKSA TIJARA (Company License).
2- RUKSA ALAN (Board License).
3- ITEMAAD TUQIYA (Signature verification document).
4- AQAAD TAHSEES (Partnership Deed).
5- SHADA MUSTAKHRAAJ (Partnership Paper).
We Can Assist You will all this legal process. You can Contact us on WhatsApp- 50185819