We assist our Clients in complying with tax obligations under the Kuwaiti tax laws and regulations ranging from registration with the tax authority, review of tax declarations to be submitted to the tax authority, facilitating the mandatory tax inspection process, obtaining the annual tax assessment and tax clearance certificate for release of tax retentions.
Where required, we assist clients in forming appropriate arguments in respect of contesting tax assessments through tax objections and appeals.
We advise Kuwaiti Clients on tax efficient structures for outbound investment involving the application of appropriate tax treaties/holding company structures in jurisdictions throughout the world.
We advise companies in respect to inbound investment in Kuwait and assist clients in structuring their operations in Kuwait in a tax efficient manner including detailed advices in respect of the application of various tax treaties with Kuwait.
We assist Kuwaiti companies in complying with local taxes such as Zakat and National Labor Support Tax, where applicable, through review of declaration discussions with officials at the Kuwait tax authority to obtain the annual assessment.
This may include assistance in forming appropriate arguments in respect of contesting tax assessments through tax objections and appeals.
With the assistance of the KPMG Global network, we can provide advice on the tax implications in jurisdictions other than Kuwait.
We assist global companies achieve tax efficiency in their operations. With an international perspective and local-country experience, KPMG provides practical advice on establishing new ventures and contracts, structuring overseas transactions, managing effective tax rates, and maintaining compliance with tax and regulations.
With extensive local tax knowledge, KPMG is the best place to identify and quantify potential un-provided tax exposures from a sell and buy side perspective.
We assist our Clients in complying with Kuwait tax laws and regulations in respect to tax on dividends from investments in securities listed on the Kuwait Stock Exchange.
This may involve assisting clients that are eligible for exemptions from tax in Kuwait to obtain tax clearance certificate from the tax authority or a refund based on the application of relevant tax treaties.
• Tax Residency Certificates (TRC) for Foreign Residents in Kuwait
• Tax Clearance Certificates (TCC) for GCC and Kuwaiti Entities
• Payroll Services
• Custom Duty Advisory