Any foreign company working in Kuwait needs to obtain a No Objection Letter (NOL) for release of Tax Retention from the Kuwait Tax Authority (“KTA”). The method of obtaining differs on how the organization is set up. Your company can obtain an NOL via the two routes mentioned below.
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The issues surrounding tax are constantly evolving, both locally and globally. Changes in law, practice, or in the approach of tax authorities, can have major ramifications.
A business’s approach to tax can be subject to public scrutiny and is now a major driver of reputation.
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How can foreign companies in Kuwait an advance No Objection Letter from the Kuwait Tax Authority?
How can foreign lenders in Kuwait apply for an advance NOL from Kuwait Tax Authority?