State of Kuwait
Capital: Kuwait City HDI: 0.816 (48th)
GDP (PPP): $283.976 billion
Currency: Kuwaiti Dinar
Kuwait, an Arab country on the Persian (Arabian) Gulf, has cultural heritage dating back to antiquity. Ruins from the Mesopotamian era can be seen on its Failaka Island, a former outpost of Alexander the Great’s army. Failaka is just offshore from Kuwait City, the modern capital, home to the National Museum and Tareq Rajab Museum and their collections of ethnographic artifacts and Islamic art. Kuwait is a constitutional emirate with a high income economy backed by the world’s sixth largest oil reserves. The Kuwaiti dinar is the highest valued currency in the world. According to the World Bank, the country has the fourth highest per capita income in the world. The constitution was promulgated in 1962, making Kuwait the most politically progressive country in the region. In recent years, political instability has hindered the country’s economic development.
Kuwait Economy – overview
Kuwait has a geographically small, but wealthy, relatively open economy with crude oil reserves of about 102 billion barrels – more than 6% of world reserves.
Kuwait Economy – overview | TAQI GROUP
Petroleum accounts for nearly half of GDP, 95% of export revenues, and 95% of government income.
Industry Trends & Business Climate
Challenges – Kuwait
The challenges of doing business in Kuwait
Establishing a Presence
Kuwait Business Information
A listing of important information for new company formation
Kuwait Business: Company Types
Description of business structures in Kuwait – dated
Starting a Business in Kuwait
This site provides a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Kuwait.
Kuwait Corporate Tax Rate | 2006-2016
The Corporate Tax Rate in Kuwait stands at 15 percent. Corporate Tax Rate in Kuwait averaged 27 percent from 2006 until 2015, reaching an all time high of 55 percent in 2007 and a record low of 15 percent in 2009. Corporate Tax Rate in Kuwait is reported by the Ministry of Finance, Kuwait.
Kuwait Corporate – Tax administration
This site provides information on tax compliance in Kuwait
Kuwait – Bureau of Consular Affairs
See “Exit, Entry & Visa Requirements” on this site
Visa Types | Kuwait Visa
A Kuwait visa must be sponsored by a Kuwait company or by a relative that is a resident foreigner staying in the country.
Best Kuwait Transportation on VirtualTourist
Tips on getting to and getting around Kuwait from real travelers and locals.
Transport in Kuwait – Lonely Planet
A guide to all forms of public transportation
Kuwait Telecom Industry
An overview of the telecom industry in Kuwait
Kuwait – Telecoms, Mobile and Broadband
Kuwait has one of the highest mobile penetrations in the Middle East and represents a bright spot amongst a region marred by civil tension. – See more at: http://www.budde.com.au/Research/Kuwait-Telecoms-Mobile-and-Broadband.html#sthash.QRpyXzpG.dpuf
The Labor Law Of Kuwait
This site clarifies the application of the Labour Law Of Kuwait and the explains many of its rules and benefits to the employees.
New Unemployment Insurance Law
Kuwait introduced several new laws to update its legal system in recent times, and the Social Insurance or the unemployment insurance law is one of these.
INTRODUCTION OF UNEMPLOYMENT INSURANCE LAW
One of the new laws in Kuwait relates to the subject of social insurance, namely unemployment insurance law.
2016 New Labor laws in Kuwait
The New Kuwait Labor Law will take affect in 2016 according to Public Authority for Manpower (PAM).
Cost of Living in Kuwait
Average prices of more than 40 products and services in Kuwait. Prices of restaurants, food, transportation, utilities and housing are included.
Cost of Living – uwait Guide: Cost of Living
The overall cost of living in Kuwait is similar to that in most European countries, if you’reliving in the style of the average western expatriate
Education – International Schools in Kuwait City
A guide to international schools in Kuwait City
Business Etiquette – Kuwait – Language, Culture, Customs and Etiquette
See ‘Etiquette and Customs in Kuwait” on this site
Business Etiquette – Kuwait Etiquette | Dress Code, Behavior, Tipping
Dos and Don’ts of business etiquette
Climate – Weather in Kuwait City, Kuwait
Current and extended weather forecasts for Kuwait City
Climate – BBC Weather – Kuwait City
Weater forecast from the BBC
Safety – Kuwait – US Department of State
U.S. citizens in Kuwait should exercise a high level of security awareness and are advised to monitor local news broadcasts and consular messages
Safety – Kuwait travel advice
Latest travel advice for Kuwait from the UK government including safety and security
Kuwait is an Arab Gulf State where the dream is to provide ample free education for all children, regardless of gender, social class or special needs.
Holidays Kuwait 2016
List of National and Public Holidays in Kuwait for the year 2016
Holidays – Kuwait Public Holidays – World Travel Guide
Full list of Kuwait public and bank holidays. Many shops, banks and other services close during public holidays
Demographics of Kuwait – Wikipedia
This site describes the demographic features of the population of Kuwait.
Demographics – Kuwait PEOPLE 2015, CIA World Factbook
A demographic profile of the Kuwait population
Export to Kuwait
Information you need to export to Kuwait
WTO | Kuwait – Member information
This site provides key information on the State of Kuwait’s participation in the WTO. The State of Kuwait has been a WTO member since 1 January 1995 and a member of GATT since 3 May 1963.
Customs: Regulations, Export-Import
Kuwait Customs regulations and procedures for importing and exporting goods at border.
Trade Agreements – Kuwait Chamber of Commerce
A listing of trade agreements Kuwait has with other countries
Housing and Rentals
Housing Kuwait, property in Kuwait
House and flat rentals in Kuwait
Kuwait Housing & Rentals
Finding a nice place to live is always difficult. Kuwait is no exception – getting the right accommodation can be hard, especially in large cities
Kuwait – Lonely Planet
Kuwait, in the cradle of one of the most ancient and contested corners of the world, has a certain cachet.
Kuwait Travel Guide
Expert Kuwait travel guide including detailed information about everything you need to know about Kuwait.
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