Article 23 of Commercial Code

1 - A non-Kuwaiti may not engage in commerce in Kuwait unless he has a Kuwaiti partner or partners. The capital held by Kuwaitis in the joint commercial enterprise must be no less than 51% of the total capital of the enterprise. 2- The following are excepted from the foregoing provisions: (a) Non-Kuwaiti persons practising a simple craft or simple trade referred to in Article 17 may engage in commerce without having a Kuwaiti partner. (b) Non-Kuwaiti persons in respect of funds they deposit with banks or companies, or agreements they conclude with them to invest these funds for their account and to deal in foreign currency and precious metals, if this falls within the objects of these companies. (1)