The Saudi Arabian Council of Ministers approved the signing of an income tax treaty with Bahrain and the approval of tax treaties with Croatia and Kuwait on 22 April 2025. The treaty with Bahrain aims to address double taxation and promote

San Marino's Parliament approved the ratification of the income and capital tax treaty with Kuwait on 22 April 2025. The treaty will come into effect once the instruments of ratification are exchanged and will be applicable from 1 January of the

Tajikistan's lower house of the Supreme Assembly approved the law for the ratification of the income and capital tax treaty with Kuwait on 16 April 2025. Earlier, Tajikistan and Kuwait signed an amending protocol to revise the Kuwait-Tajikistan

Kuwait's Ministry of Commerce and Industry has issued Decision No. 16 of 2025, updating the country's regulations on Ultimate Beneficial Ownership (UBO). This decision builds on Resolution 4/2023, which took effect on 1 April 2023, and introduced

UAE’s Cabinet of Ministers have approved the income tax treaty with Kuwait. The treaty was signed on 11 February 2024. It is the first income tax treaty between the two countries. The agreement seeks to prevent double taxation on

Kuwait has adopted OECD's Pillar Two global minimum tax with the publication of Decree No. 157/2024 in the Official Gazette on 30 December 2024. The decree imposes a 15% minimum tax rate on multinational enterprise (MNE) groups that generate over