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Alitqan
Alitqan Legal Group · alitqanlg.com · American English
Alitqan Legal Group is a leading law firm in Kuwait offering IP protection, investor advisory, contract drafting, bankruptcy restructuring, and franchise legal services.
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- Oct 1, 2026
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- Kuwait’s Commercial Concealment Law: Is Your Business Ready for 9 February 2027?
Oct 1, 2026 · original
A business may have operated for years, with an established name, long-standing relationships, and its own clients, contracts, employees and brand. Yet its age says nothing about whether its legal structure can survive beyond 9 February 2027. On that date, Decree-Law No. 78 of 2026 on Combating Commercial Concealment enters into force. It was published in the Official Gazette on 9 August 2026, and its fourteenth article set a six-month period before it takes effect. This legislation was not enacted to expose an unknown phenomenon, but to bring it to an end. Arrangements that long existed in the shadows — a licence held in one person’s name, while management and profits belong to another — now fall squarely within the scope of criminal liability. The question a business owner should be asking, therefore, is not “What is commercial concealment?” but rather: “Does the economic reality of my - Decree-Law No. 68 of 1980 Promulgating the Commercial Code
Sep 30, 2026 · original
Unofficial English translation prepared by Al-Itqan Legal Group for reference purposes. In the event of any discrepancy, the official Arabic text prevails. The text reflects the amendment of Article 24 by Law No. 1 of 2024 and the repeal of Articles 555 to 800 by Law No. 71 of 2020 Promulgating the Bankruptcy Law. ——————— Article One The Commercial Code issued by Law No. 2 of 1961 is hereby repealed and replaced by the attached Commercial Code. Any provision that conflicts with the provisions thereof is likewise repealed. Article Two The Ministers, each within their respective competence, shall implement this Law, which shall come into force as of 25 February 1981. ——————— Article 1 The provisions of this Code shall apply to traders and to all commercial activities carried out by any person, even if that person is not a trader. ——————— Article 2 Subject to the provisions of Article 96, t - Foreign Companies Entering the Kuwaiti Market: Three Routes to a 100% Foreign-Owned Commercial Presence
Sep 24, 2026 · original
By Fahad Alburaikan, Co-Founding Partner, Alitqan Legal Group Why was Kuwait a difficult market for foreign companies? For many years Kuwait was among the most closed markets in the Gulf to foreign investment. This was not for any lack of opportunity, but because of a long-standing rule in Article 23 of the Kuwaiti Commercial Code: a foreigner could not engage in trade in Kuwait without a Kuwaiti partner holding no less than 51% of the capital, so that the foreign share could never exceed 49%, and any commercial activity conducted outside that framework, such as trading alone, was void. Article 24 of the same Code closed the other door by prohibiting foreign companies from establishing branches in Kuwait and permitting them to operate only through a local Kuwaiti agent. In practice, a foreign company wishing to do business in Kuwait faced a choice between two options only: a partnership - Al-Itqan Legal Group Highlights Business Impact of Kuwait’s New KPC Law on Oil Sector Contracting
Jul 4, 2026 · original
Legal analysis outlines immediate implications of Decree-Law No. 67 of 2026 for contractors, governance, and energy transition initiatives KUWAIT CITY – July 4, 2026 – Al-Itqan Legal Group today highlighted the business and legal implications of Kuwait’s recently enacted Decree-Law No. 67 of 2026 concerning the Kuwait Petroleum Corporation (KPC), emphasizing its potential impact on contracting practices, governance structures, and renewable energy initiatives across the country’s oil sector. According to Sultan Al-Qahtani, founding partner of Al-Itqan Legal Group, the amendments represent a significant development in Kuwait’s efforts to modernize the operational and regulatory framework governing the petroleum sector in line with long-term strategic objectives. The new legislation addresses procedural requirements that have historically affected the speed of commercial and financial deci - Alitqan Legal Group Signs Strategic Partnership with Amazon Payment Services
May 25, 2025 · original
Alitqan Legal Group has signed a strategic partnership agreement with Amazon Payment Services , Amazon’s payment processing business in the Middle East and North Africa, to support Kuwait’s digital transformation and strengthen its electronic payments infrastructure. Statement from Alitqan Legal Group We at Alitqan Legal Group are pleased to announce our strategic partnership with one of the world’s leading technology companies, Amazon Payment Services. This milestone marks a significant step in our journey to support Kuwait’s digital economy by leveraging our legal expertise to foster innovation and build advanced, secure regulatory frameworks that enable efficient digital payment solutions. We are proud to have our team led by our Founding Partners, Mr. Sultan S Alqahtani and Mr. Fahad ALBuraikan, and we look forward to contributing to the development of Kuwait’s digital infrastructure - Alitqan Legal Group and ReNile Partner to Bring Smart Agriculture to Kuwait
Jan 7, 2025 · original
Alitqan Legal Group and ReNile , a smart agriculture technology company, have announced a partnership to deliver Internet of Things (IoT) solutions to Kuwait’s agricultural sector on a sound legal footing. Who does what ReNile , led by CEO Dr. Hazem Salah El-Din El-Tawab , provides systems that monitor water consumption, soil health and air quality, giving farmers data to make more precise decisions that raise output and save resources. Alitqan Legal Group , led by Founding Partner Sultan Al-Qahtani , ensures these solutions are deployed smoothly within Kuwait’s legal and regulatory framework. Why it matters Innovation often stalls on regulation rather than technology. Connected farm sensors collect data over networks, which raises compliance questions that must be settled before deployment. And since agriculture is one of the most water-intensive sectors in the Arab region, better water - Law No. 15 of 2017 amending provisions of Law No. 1 of 2016 on the Promulgation of the Companies Law
Oct 22, 2024 · original
– Having reviewed the Constitution; – and Decree No. (3) of 1955 regarding Kuwaiti Income Tax as amended; – and Decree No. (5) of 1959 promulgating the Real Estate Registration Law as amended; – and the Criminal Law promulgated by Law No. (16) of 1960 as amended; – and the Criminal Procedures and Trials Law promulgated by Law No. (17) of 1960 as amended; – and Law No. (4) of 1961 promulgating the Authentication Law as amended; – and the Law on Insurance Companies and Agents promulgated by Law No. (24) of 1961 as amended; – and Law No. (30) of 1964 on the Establishment of the Audit Bureau as amended; – and Law No. (49) of 1966 regarding Lending to Kuwait Shareholding Companies; – and Law No. (32) of 1968 on the Currency, Central Bank of Kuwait and the Regulation of the Banking Profession as amended; – and Decree Law No. (31) of 1978 regarding the Regulations for Preparing Public Budgets, - Law No 116 of 2014 Regarding Public Private Partnerships
Oct 22, 2024 · original
Having reviewed: – the Constitution, and; – Emiri Decree No. 5 of 1959 regarding Real Estate Registration law, and any amendments thereto, and; – Emiri Decree No. 12 of 1960 regarding the law regulating the Legal Advice and Legislation Department of the Kuwaiti Government, and any amendments thereto, and; – Law No. 4 of 1962 regarding Patents, Designs and Industrial Models, and any amendments thereto, and; – Law No. 30 of 1964 establishing the State Audit Bureau, and any amendment thereto, and; – Law No. 37 of 1964 regarding Public Tenders, and any amendments thereto, and; – Law No. 18 of 1969 regarding the Delimitation of the Public Domain outside of the Public Demarcation Line, and any amendments thereto, and; – Decree-Law No. 31 of 1978 regarding the rules for the Preparation of the Public Budgets and Monitoring their implementation and the State’s final account, and any amendments th - Law No. (49) of 2016 regarding public tenders and its amendments issued by Law No. (74) of 2019 and its executive regulations for the State of Kuwait.
Oct 22, 2024 · original
I n the event that the law differs in its English version from the Arabic version, please r e l y on the Arabic version. Part 1 D efinitions and scope of application of the law Section 1 ARTICLE (1) D efinitions In the application of this law, the following phrases and words shall bear the meanings corresponding to each of them: – Public Authorities: Ministries, government departments, public authorities and institutions with attached or independent budget, and companies wholly owned by Kuwait Petroleum Corporation. – Competent Minister: State Minister for Ministers Council Affairs or the minister assigned by the Council of Ministers thereof. – Agency: The Central Agency for Public Tenders. – Chairman: Chairman of the Board of the Central Agency for Public Tenders. – Board: The Board Director of the Central Agency for Public Tenders – The relevant authority: The public authority requesti - Law No. 42 of 2014As amended by LawNo.99of 2015 Promulgating the Environment Protection Law
Oct 22, 2024 · original
1. Having perused the constitution, 2. and the penal law promulgated by law no. 16 of 1960, and amending laws thereto, 3. and the law No. 17 of 1960 on promulgating the penal procedures code and amending laws thereto, 4. and the law No. 12 of 1964 regarding the prevention of polluting navigational water with oil, and amending laws thereto, 5. and the law No. 30 of 1964, of establishing the Audit Bureau, and amending laws thereto, 6. and the law No. 37 of 1964 of establishing the Central Tenders Committee, and the amending laws thereto, 7. and the Decree issued for determining the width of the regional territorial seawaters of the State of Kuwait on 17/12/1967 8. and the law No. 28 of 1969 regarding the work in oil sector activities, 9. and the law No. 19 of 1973, concerning conservation of the petroleum resources, 10.. and the law No. 131 of 1977 organizing the use of ionizing radiation
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