Kuwait Law No. 22/2015 was issued by the country's Capital Markets Authority and entered into force on 10 November 2015. The new measures amended Kuwait Law No. 7/2010.

Under Article 150 bis of the Law, the returns from Kuwaiti listed securities (dividends from shares, interest on bonds and income from sukuk where the securities are traded on the Kuwait Stock Exchange) will be exempt from tax in the same way as they are exempted from capital gains tax. The exemption is applicable whether the issuer is a listed Kuwaiti or non-Kuwaiti company.

Custodians and fund managers will not be allowed to withhold more than 15% tax from dividends declared from 10 November 2015.

The amendment is aimed at encouraging investors to engage in securities activities and encourage companies to apply for listing and encourage them to do so.