Corporate Secretarial and Regulatory Compliance functions are becoming increasingly important due to changing regulatory framework in the country.
What do our clients tell us:
- Changing regulations and automation of compliances makes it obligatory for them to consult with Helios expert.
- Staying abreast with the regulations and their practical application is much needed assistance Helios provides.
- Serious challenges in hiring and retaining in-house resources in Kuwait with such experience.
- Outsourcing to Helios is cost effective.
- Helios team was available to provide much needed valuable advice.
Legal Requirements
To operate legally in Kuwait, companies must comply with a range of laws and regulations related to their business activities. The regulatory framework includes:
- The Companies Law (regulates the formation, management and dissolution of companies)
- Kuwait Direct Investment Promotion Regulation (licenses and supports 100% foreign investors)
- The Tax Law (regulates taxation of companies)
- The Insurance Law (regulates the licensing and operation of insurance companies in Kuwait)
- The Labour Law (sets out the rights and obligations of employers and employees)
- Small and Medium Enterprises Law (Small and Medium Enterprises development Law No.98 of 2013
- The Kuwaiti Commercial Agencies Law (which regulates the establishment and operation of commercial agencies)
- Capital Market Authority (regulates security activities in a fair, transparent and efficient manner)
How can our experts help!
Our experts can assist you with the following:
- Staying abreast with changing regulatory framework
- Company Formation and Registration (including obtaining license under Kuwait Direct Investment Promotion Law)
- Board Resolutions and Corporate Governance
- Compliance with employment Laws and Labour Contracts.
- Compliance with Taxation Laws (including timely preparation, undergoing tax inspections by the authority and obtaining tax clearances)
- Compliance with Regulatory Authority i.e. MOCI, CMA etc.
- Quarterly and Annual compliance and reporting to KDIPA.
- Managing Corporate Fillings and Renewals.
- Corporate Restructuring and Transactions
- Contracts structuring for Commercial transactions.