Kuwait

Ease of Doing Business in

Kuwait

This page shows summary Doing Business 2012 data for Kuwait. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Middle East & North Africa
Income Category High income
Population 2,863,000
GNI Per Capita (US$) 36,412.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
67 71 down 4
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 142 141 up -1
Dealing with Construction Permits 121 118 up -3
Getting Electricity 57 62 up 5
Registering Property 88 93 up 5
Getting Credit 98 96 up -2
Protecting Investors 29 28 up -1
Paying Taxes 15 14 up -1
Trading Across Borders 112 112 No change
Enforcing Contracts 117 117 No change
Resolving Insolvency 48 65 up 17

Economy Profile

2213.6 KB pdf file

Download Now

Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2012 Rank 142 DB 2011 Rank 141 Change in Rank down-1
Indicator Kuwait Middle East & North Africa OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

View methodology
Procedures (number)
12 8 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

View methodology
Time (days)
32 20 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

View methodology
Cost (% of income per capita)
1.2 35.0 4.7

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

View methodology
Paid-in Min. Capital (% of income per capita)
71.8 86.7 14.1
No. Procedure Time to Complete Associated Costs
1 File with the Department of Partnerships (DOP) at the Ministry of Commerce (MOC) an application to set up the company, obtain background clearance 2 days no charge
2 Pick a name for the company and file an application with the Commercial Register 1 day no charge
3 Retrieve from the Department of Partnerships the notes addressed to the bank and to the municipality. 1 day no charge
4 Deposit the legally required initial capital in a bank and obtain deposit evidence 1 day no charge
5 The Municipality Inspects the company’s premises and issues a certificate 5 days no charge
6 Obtain a memorandum of association form from the Department of Partnership 1 day no charge
7 Sign and notarize the memorandum of association before a public notary 1 day KWD 15 for a 10 page Memorandum (KWD1.5 per page)
8 Obtain from the Department of Partnerships a license to start activity 2 days KWD 37
9 Register with the Commercial Registry 1 day no charge
10 Register with the Kuwait Chamber of Commerce and Industry 1 day KWD 65 initial registration, then yearly KD55 for renewal of membership
11 Register with the Civil Data Department 15 days KWD 5
* 12 Open a company’s labor file at the Ministry of Labor and Social Affairs 15 days (simultaneous with procedure 12) no charge
* Takes place simultaneously with another procedure.

Explore Economy Data


- OR -

Close