Simplifying Taxation.
Smart & Secure.
EXPERT GUIDANCE FOR INTERNATIONAL COMPANIES & INVESTORS TO NAVIGATE KUWAIT TAX LAWS
Our Tax Service Pillars
Meet Zakat obligations accurately, without last-minute stress.
Zakat
Calculation of Zakat, based on your financials.
Preparation and filling of all required returns.
Arabic submissions and communication with the relevant bodies.
Advice on applicability, exemptions and common pitfalls.
Turn pending payments into cash faster with smooth tax clearance and retention release processes.
Tax Clearance Certificate & Tax Retention Release
Our Tax Service Pillars
Stay ahead of Kuwait's corporate tax rules with a team that assists with business reality.
Corporate Tax
Corporate income tax registration and ongoing compliance.
Preparation and filing of annual tax returns and supporting schedules.
Handling queries and meetings with the tax authority & Ministry of Finance.
Coordination with Kuwait's Department of Income Tax on the client's behalf.
Proactive advice on risk reduction and guidance to avoid unnecessary penalities.
The Kuwait Tax Retention Rules (KTRR) are tax obligations introduced to aid in the collection of taxes in Kuwait and apply to both foreign and local companies.
Article 37 of the Executive Bylaw mandates that all public and private entities (referred to as “Payers”) engaged in trade or business in Kuwait must retain 5% of the total contract value or each payment made to any contracting party. This rule applies broadly to any payment made by a Payer. Both foreign and Kuwaiti companies, as well as other GCC companies, are required to comply with these rules.
Retained amounts may not be released unless the Kuwait Ministry of Finance agrees to issue a retention release letter in the following cases:
The entity is not subject to tax, is exempt from it, or has realized a loss during the year.
The entity has settled all due taxes.
The entity provides a certified bank guarantee or another guarantee accepted by the Tax Administration to cover the due tax
The Solution we Offer
When you work with Alkhuzam & Co, you don't just get tax filings — you get a partner who understands how tax impacts your day-to-day operations.
Review the current status of the client's tax file through the Ministry of Finance in Kuwait
Identify any missing, pending or outstanding tax filings.
Determine required corrective actions and supporting documentation to update the tax file.
Provide clear, professional recommendations to resolve identified issues and ensure full compliance.
Serve as the primary liaison between the client and the Ministry of Finance (Kuwait).
Prepare and submit the annual tax declaration in accordance with regulatory requirements (timelines may vary based on documentation and authority review).
Obtain official confirmation of the assessed tax payable from the Ministry of Finance.
Coordinate payment submission via cheque issued directly to the Ministry of Finance on behalf of the client.
Tax Clearance Certificate issued by the Ministry of Finance and shared to the client.
Book Your Free Tax Consultation
Let's Simplify Your Taxes
FAQs: Tax
How long does the corporate tax filing process take place?
Most corporate tax filings can be completed within 6-8 weeks, once your documents are ready. The timeline could vary depending on each client case. However, we do provide an estimate timeline prior to beginning with the service.
What documentation is required for Tax Clearance Certificate in Kuwait?
We share a simple checklist with our clients - which usually includes copies of the Civil ID, company license, commercial registration, authorised signatory, company foundation contract (& most recent amendments), contract concluded (for individuals), passport copy and original letter of request for license issuance (for individuals).
Do you support foreign companies operating in Kuwait?
Absolutely, we regularly assist foreign companies, branches and permanent establishments with Kuwait corporate tax, tax clearance and tax-related matters.
Who manages my accounts?
A dedicated, certified accountant with deep Kuwait market expertise supported by senior managers who have hands-on experience with Kuwait tax authorities, alongside working directly with you.
Is our information kept confidential?
Yes, all our client data, contracts and financial information is treated with strict confidentiality and handled under internal confidentiality and data- security procedures.
What happens after you submit our returns or applications?
We stay with you for the entire process - tracking submissions, answering authority queries, attending meeting if needed and keeping you updated until the matter is fully closed.
Subscribe to our Newsletter & never miss another update!
©2026 Alkhuzam Co | An Independent Member of Morison Global | All rights reserved.
Alkhuzam & Co
We Sell Specialism
Address
Working Hours
9AM - 5PM
(Sun-Thurs)