The agreement seeks to eliminate double taxation and fiscal evasion between the two nations.
Kuwait issued Decree-Law No. 142 of 2025 on 5 October 2025, as published in the Official Gazette, officially ratifying its income tax treaty with Qatar.
Qatar and Kuwait signed their first income tax treaty on 1 June 2025.
The agreement seeks to establish a comprehensive legal framework to prevent double taxation between the two governments, thereby creating a fair tax environment that stimulates economic activities and facilitates investment flows.
It also aims to address barriers that may restrict capital movement and enhance opportunities for joint commercial cooperation.
This treaty will enter into force after the ratification instruments are exchanged.