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Business Reforms in Kuwait

= Doing Business reform making it easier to do business. Negative =  Change making it more difficult to do business.

DB2018

Starting a Business: Kuwait made starting a business easier by establishing a one-stop shop and improving online registration.

Registering Property: Kuwait made registering property easier by lowering the number of days necessary to register property and by improving the transparency of the land administration system.

DB2017

Starting a Business: Kuwait made starting a business more difficult by increasing the time required to register by requiring companies to submit the original documents online and in person.

Trading across Borders: Kuwait made exporting and importing easier by introducing customs e-links and electronic exchange of information among various agencies.

DB2016

Starting a Business: Kuwait made starting a business easier by reducing the minimum capital requirement.

DB2015

Starting a Business: Kuwait made starting a business more difficult by increasing the commercial license fee.

DB2014

Starting a Business: Kuwait made starting a business more difficult by increasing the minimum capital requirement.

Protecting Minority Investors: Kuwait strengthened investor protections by making it possible for minority shareholders to request the appointment of an auditor to review the company’s activities.

DB2011

Labor Market Regulation: Kuwait increased the number of days of paid annual leave and increased the notice period applicable in case of redundancy dismissals.

DB2010

Trading across Borders: Kuwait reduced the time required for customs clearance by improving administrative procedures and staff training.

Resolving Insolvency: Kuwait enhanced its insolvency process by introducing a new legal procedure that enables financially distressed companies on the verge of insolvency to restructure.

DB2008

Dealing with Construction Permits: Kuwait reduced the time required for dealing with construction permits by introducing an automated system for issuing technical approvals for utility connections.

Getting Credit: Kuwait’s private credit bureau expanded its coverage by adding retailers to those supplying it with credit information.