Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2743

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

English translation of the principle

The prohibition on a foreigner engaging in trade in Kuwait individually. A mandatory rule relating to public policy. The reason for this. A foreigner may engage in trade with a Kuwaiti partner or partners provided that their capital invested in this trade is not less than 51% of the total capital.
Arabic original
حظر اشتغال الأجنبي بالتجارة في الكويت منفرداً. قاعدة آمرة متعلقة بالنظام العام. علة ذلك. جواز اشتغال الأجنبي بالتجارة مع شريك أو شركاء كويتيين بشرط ألا يقل رأس مالهم المستثمر في هذه التجارة عن ٥١ ٪ من مجموع رأس المال.
Original Arabic judgment citations

(الطعنان ٣٨، ٤٠/٩٤ تجاري جلسة ٤/١٢/١٩٩٤ مج القسم الثالث - المجلد الأول ص ٨٧٠)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 470. PDF pages: 470.

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