Kuwait Direct Investment Promotion Authority (KDIPA) took part in ‘The Emerging Tax Landscape in Kuwait’ hosted by EY at the JW Marriott Hotel, in Kuwait City. The seminar was attended by over 150 senior executives including Mr. Mohammad Al Sabbagh, Head of Investor Services Center KDIPA and Mr. Amr M. El-Sayed, Senior Legal Counsel, KDIPA.
The seminar included discussions on the Kuwaiti Government’s plans to introduce the BPT and VAT laws and the grant of tax and other incentives under the Kuwait Direct Investment Promotion Law. KDIPA representatives provided their insight on Negative List, KDIPA’s Economic Zones, KDIPA engagement with all key stakeholders , principal-agent issues and the recently published tax exemption mechanism in case where the investor was eligible to get the investment license
To view the press release of this event click here.