Law & Regulation
Direct Investment Promotion Law
Successor to Law No. 8/2001, establishes the Kuwait Direct Investment Promotion Authority (KDIPA), chaired by the Minister of Commerce and Industry. Allows up to 100% foreign ownership of Kuwaiti entities in non-restricted sectors, subject to a KDIPA investment license. In force since approximately December 2013 (six months after publication in the Official Gazette on 16 June 2013).
Legal Significance
What This Instrument Does
Establishes the legal and institutional framework for foreign direct investment licensing in Kuwait.
Why It Matters
The foundational instrument for foreign equity participation in Kuwaiti commercial entities, including infrastructure project companies.
Legal Framework Position
- Foreign InvestmentPrimary / Framework Instrument
Instrument Overview
- Official Citation
- Law No. (116) of 2013
- Instrument Type
- Law / Act
- Enactment Date
- 16 June 2013
- Last Verified
- 30 September 2026