Embassy of The State of Kuwait Australia - New Zealand
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Main Laws
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Introduction
In 1952, the municipal council investigated the issue of establishing a chamber of commerce. The tenth issue of
the official gazette “Al-Kuwait Al-Yom” (Kuwait Today) stated that the Higher Executive Committee had, in its
meeting of 12/2/1955 resolved under No. 77-51 the establishment of a chamber for commerce and industry
through an Emir Decree by Law.
Agency Law
A Contract Agency is a contract whereby a person undertakes, in a certain area of activity to ontinuously encourage
and negotiate the conclusion of transactions for the benefit of his principal in consideration of a remuneration. His
undertaking may include conclusion and execution of such transactions in the name of the principal and for his account.
Tenders Law
A Public Tenders Committee shall be set up with the title "Central Tenders Committee" ascribed thereto and shall be
attached to the Council of Ministers.
This Committee shall receive and decide public tenders and shall award such tenders to the most suitable tenderer in
the light of the procedure outlined herein.
Industrial Law
Industrial licenses shall be granted to projects relating to basic industries that prove feasible, or to those projects that
are determined by the competent authorities in the oil sector.
Amiri Decree of Foodstuffs
An Amiri Decree was issued last Monday on selling of food and related stores. The Decree also included a supplement
containing conditions which must be observed by bakeries, restaurants, hotels, cafes, candie stores, soft drinks
plants, farms and food plants.
Special Foods Regulations
The use of Personal Diet is widely spread inside the country. The misuse of this diet shall harm human health. Thus, it
shall be necessary to establish an effective healthful control on diet circulation by aim of guaranteeing its better use
and hence preserving pubic health.
Food regulations
The State Minister for Municipal Affairs having considered Law No. 15 of 1972 concerning Kuwait Municipality and the
laws amending thereto; and Resolution No. 3368/81 concerning the rules for food sales and storing and the relevant
localities; and The Municipality Affairs Committee Resolution No. (MAC/DR 22/113/12/92) adopted on 9th Rajab 1412
A.H. corresponding to 13.1.1992, Hereby decides :-
Trade Fairs
The Minister of Commerce and Industry,
Having perused the Commercial Law No. 68 of 1980 and the Law of Business Concerns and Shops Licences No.
32/1969, and the Law organizing Commercial Agencies No. 36/1964, and the Law on Supervision and Control of
Precious Metals and Valuable Stores No. 23/1980 and the Commercial Companies Law No. 15 of 1960; and
pursuant to the Decree promulgated on 7th Zul Hija, 1406 H.
Slaughtering according to Islam
The following is a summary of the research work which was given due attention by the Council of Directors of the
Brazil Islamic Centre which is composed of their Excellencies, the Ambassadors of Member Countries, during the
Council's meetings which were held on (12/5/98 H - 19/4/78), (2/6/98 H - 9/5/78) and (17/7/98 H - 22/6/78)
respectively.
Metals and Gems
The Ministry of Commerce and Industry shall supervise and control trading, manufacturing and importation of
precious metals, relevant wroughts, plated, ornamented and blended metals as well as any valuable stones in
the following aspects
DOING BUSINESS IN KUWAIT
The State of Kuwait is a country in the northern corner of the Arabian Gulf. Its natural resources are dominated
by its huge oil resources, which are estimated to last for 100-150 years at current lifting rates. Associated gas
resources are also substantial but the search for non-associated gas has so far only revealed more oil.
Intellectual Property Rights
A person who creates a classified work or to whom the classified work is, attributed at the time of its publishing
or diffusion, whether by stating his name in such classified work or by any other means of whatsoever nature
shall be considered as author, unless otherwise is established and proved.
Free Zones Law
One or more Free Trade Zone/Zones may be established under a resolution issued by the Council of Ministers,
with locations and boundaries specified in the same resolution.
Regulating Direct Foreign Capital Investment
Invested Foreign Capital:
1) Foreign money, securities and commercial papers transferred to Kuwait.
2) Machinery, equipment, transportation means, raw materials and commodities imported from abroad for
investment purposes.
Law concerning Money Laundering
Money laundering is a financial or a non-financial operation or group of operations aiming to conceal or disguise the
illicit origin of money or proceeds from any crime making them appear as money or proceeds derived from a
lawful origin also, any act contributing to the process of employment or transfer of money or proceeds originating
directly or indirectly from a crime or to the concealment or disguise of their origin is considered as such.