Investment Licensing Procedures2017-05-18T13:38:43+00:00

Step One: Receiving the investors and Review of Project

  • The Account Manager from the Investors Service Centre at KDIPA receives the potential investor.
  • The Account Manger generally reviews the project proposal and the expected deliverable against KDIPA’s goals and set criteria.

Duration: 3 days.

Step Two: Application Submission

  • The Account Manager from the Investors Service Centre at KDIPA helps potential investor in filling the Licensing Application and provides any needed clarifications for preparing the Business Study in accordance with the Introductory Guide.
  • The Account Manager explains the various types of application forms approved by KDIPA:
    • (A) Application for Licensing a Kuwaiti Company with incentives
    • (B) Application for Opening a Branch with incentives
    • (C) Application for opening a Representative office
    • (D) Application for Granting incentives
  • The Account Manager ensures that the application is complete and all required documents are attached.
  • The potential investor pays the set fees for submitting the application in accordance with the approved service fees list.
  • The project gets studied & evaluated, recommendations are raised to the director general.
  • The Director General of KDIPA issues a decision approving the application that satisfies all requirements, and the investor is informed accordingly.
  • In case of rejection, the justifications are specified, and an appeal can be submitted.

Duration: 30 days.

Note: The issuance of the decision might take longer if the activity to be licensed require several approvals by competent authorities.

Step Three: Issuing the Commercial License

The Account Manager at KDIPA assists the investor who obtained the approval for the investment license application in issuing the needed commercial license from the Ministry of Commerce & Industry and other competent authorities.

Duration: Depends on the Investor.

Step Four: Investment License

  • Upon completing the issuance of the commercial license of the investment entity approved, KDIPA issues for it the Investment License.
  • Fees for issuing the Investment License is paid in accordance with approved service fee schedule.
  • The Investment Entity is then recorded in the Investment Registry of KDIPA.
  • The Investment Entity is given a registration certificate (To Whom it May Concern), and the fees are paid in accordance with approved service fee schedule.

Duration: One day.

Stated Fees Schedule for Services Rendered by Kuwait Direct Investment Promotion Authority (KDIPA) according to Ministerial Decision No. (503) of 2014

No. Service Fee in Kuwaiti Dinar
1

License application for a Kuwaiti company

KD 100

2 License application for a foreign company branch

KD 100

3 License application for a representative office of a foreign company

KD 100

4 Application for Incentives & Exemptions

KD 100

5 Application for modifying the investment entity

KD 100

6 Issuance of the investment license

KD 50

7 Renewal of the investment license

KD 50

8 Replacing Lost/damaged investment license

KD 50

9 Offprint (copy) of the investment license

KD 10

10 Issuing the customs exemption certificate

KD 10

11 Modifying the customs exemption certificate

KD 10

12 Renewal of the customs exemption certificate

KD 10

13 Replacing Lost/damaged customs exemption certificate

KD 10

14 Certificate of record in the investment register

KD 10

15 Replacing Lost/damaged certificate of record in the investment register

KD 10

16 Offprint (copy) of certificate of record in the investment register

KD 10

17 Reference in the investment register

KD 10

18 Cancellation or deletion of record in the investment register

KD 10

19 Certificate conferring the cancellation or deletion of record in the investment register

KD 10

20 Other off prints (copies) and certificates

KD 10

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