Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2693

State of Kuwait · Commercial and Labour — Volume 9 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

Engaging in commerce within Kuwait. Prohibited for a non-Kuwaiti unless they have a Kuwaiti partner or partners whose capital is not less than 51% of the total capital. Violation of this danger. Its effect.
Arabic original
الاشتغال بالتجارة داخل الكويت. محظور على غير الكويتي إلا إذا كان له شريك أو شركاء كويتيين لا يقل رأسمالهم عن ٥١% من مجموع رأس المال. مخالفة هذا الخطر. أثره.
Original Arabic judgment citations

(الطعن ٢٧٥/٩٤ تجاري جلسة ٢٥/٦/١٩٩٦ مج القسم الثالث - المجلد الثالث ص ٢٧٨)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 461. PDF pages: 461.

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