Kuwait is a country in Western Asia. Situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, it shares borders with Iraq and Saudi Arabia. As of 2016, Kuwait has a population of 4.5 million people: 1.3 million are Kuwaitis and 3.2 million are expatriates. Expatriates account for 70% of the population.
Capital: Kuwait City
Currency: Dinar
Timezone: UTC+3
Corporate tax rate: 15% (Only businesses carrying on a business or trade in Kuwait are taxed)
Personal tax rate: 0%
Capital gains tax: 15%
VAT: None, but plans exist to introduce VAT.
Tax residence: No rules exist.
CFC Rules: No
Remote management:
Corporate taxation:
Personal taxation:
Cost of living:
Quality of living: Safety of living: Bureaucracy: Reputation:
Corporate taxation: Personal taxation: Cost of living: Quality of living: Safety of living: Bureaucracy: Reputation:
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