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The two types of incorporated entities that permit foreign shareholding are joint-stock companies (KSCs) or limited liability companies (WLLs). Both are incorporated under the Commercial Companies Law, Kuwait Law No. 15/1960 (Companies Law).
In the case of KSCs, foreign ownership is subject to the general restriction on foreign ownership that requires that capital holdings of the Kuwaiti shareholders be no less than 51 per cent of the capital. Shareholders in a KSC may either be individuals or legal entities.
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