Sole Shareholder Company: project it is capital is wholly owned by one person, whether natural or legal, and the owner of the company is only asked about its obligations by the amount of capital allocated to it. Prior to the…
The merger of companies is a legal process whereby two or more companies are united to form one company, and thus the legal entity of the merging company ceases and it enters into the entity of the other merging company.…
The contracting sector is one of the most important sectors that countries rely on to implement construction projects through contracting companies. With its technical expertise, labor and capital, it implements building, construction, infrastructure and energy projects. The contracting contract governs…
A special purpose company is a company that issues securities that are subject to the rules and provisions of the Kuwait Capital Markets Authority, and carries out its activities based on a license issued by the authority, and is established…
The Public-Private Partnership System in the State of Kuwait, whereby a private investor invests in land owned by the state, in one of the projects proposed by the Public Authority for Public-Private Partnership Projects in cooperation with a public entity…
The provider of electronic certification services is the natural or legal person approved and authorized to issue electronic certification certificates or any services or tasks related to them and electronic signatures, and these certificates certify the proof of the ratio…
The Direct Investment Promotion Authority Decision No. 34 of 2014 regulates the rules for registration in the investment registry for investment entities, in which the data of all investment entities licensed in accordance with the provisions of the Direct Investment…
Competing takeover is the voluntary acquisition offer of the shares of listed companies that is submitted for the purpose of competing with the original takeover offer, and one or several parties submit one or more competing takeover offers, and the…
Kuwait Direct Investment Promotion Authority Decision No. 246 of 2017 established a system for registering and accrediting consulting companies and offices to submit applications to the Authority on behalf of investors, as it authorized any of the companies and consulting…
The guarantee of the contractor and the engineer in the contracting contract is that the constructed building will remain sound and durable for a period of ten years from the time of completion of the building or construction, according to…
