10 May 2019
Kuwait has recently announced that it will finally introduce Value Added Tax (VAT) at 5% from 1 April 2021.
Kuwait is part of the six-country Gulf Cooperation Council (“GCC”) and all of these countries have agreed to implement a harmonised VAT regime of 5% by 2018. The GCC countries consist of Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman. Kuwait VAT launch April 2021.