Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2753

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

English translation of the principle

Engaging in trade is prohibited for a non-Kuwaiti unless he has a Kuwaiti partner or partners whose capital is not less than 51%. Its connection with public policy. Reason for this.
Arabic original
الاشتغال بالتجارة محظور على غير الكويتي إلا إذا كان له شريك أو شركاء كويتيون لا يقل رأس مالهم عن ٥١٪ تعلقه بالنظام العام. علة ذلك.
Original Arabic judgment citations

(الطعن ١٨١/٩٦ تجاري جلسة ١٢/٥/١٩٩٧ مج القسم الرابع - المجلد الثاني ص ٦٣٧)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 472. PDF pages: 472.

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