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  • BDO Kuwait Tax Retention Document.

BDO Kuwait Tax Retention Document.

Rami Alhadhrami, Partner - Tax & Regulatory Services |

27 April 2021

BDO Kuwait Tax Retention Document.

#Kuwait tax retention rules require entities to retain 5% from each payment with whomever they enter into transactions or contracts with. The tax #retentions often creates cashflow issues for foreign vendors in particulars. Please read our publication on Kuwait #tax retentions which explains the tax retentions rules in Kuwait, options available to obtain a retention release letter, and penal implications for non-compliance.