Wefaq Holdings.
Welcome to Wefaq Holdings, a subsidiary of Wefaq Law Firm. We specialize in helping foreign businesses and individuals establish and maintain a presence in Kuwait despite the local laws and regulations that might otherwise make this challenging. Our mission is to ensure that your business and legal needs are seamlessly covered, providing you with a robust foundation for success in the Kuwaiti market.
Facilitating Your Business Presence in Kuwait.
Our Services
Wefaq Holdings offers a range of services tailored to meet the unique needs of foreign investors:
01
Nominee Partnership Services
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Compliance with Local Laws: By acting as your nominee partner and holding the required 51% ownership stake, we ensure full compliance with Kuwaiti regulations regarding foreign ownership. Kuwaiti law mandates that foreign investors cannot fully own a business in Kuwait; they must have a Kuwaiti partner holding at least 51% ownership to align with local legal requirements and promote national participation in the economy.
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Full Control Over Operations: You retain complete control over all business decisions, management activities, and financial records. Our role is purely nominal, with no interference in your operations.
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Confidentiality and Security: We prioritize confidentiality, ensuring that all information related to our nominee partnership and your business activities remains strictly confidential.
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Simplified Business Setup: Our expertise in the Kuwaiti market allows us to streamline the process of establishing your business, handling the necessary legal documentation, and ensuring smooth operations from day one.
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Risk Mitigation: Engaging Wefaq Holdings as your nominee partner minimizes the risks associated with non-compliance and local regulatory issues.
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Local Market Insight: While our involvement in management is non-existent, our knowledge of the Kuwaiti business environment can provide valuable insights and support should you require it.
02
Business Consultancy
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Market Entry Strategy: We provide comprehensive guidance on the best approaches to enter the Kuwaiti market, considering local market dynamics and regulatory requirements.
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Regulatory Compliance: Our team ensures that your business complies with all local laws and regulations, avoiding potential legal hurdles.
03
Administrative Support
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Legal Documentation: We handle all necessary legal documentation and formalities required for setting up and operating your business in Kuwait.
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Government Liaison: Our team acts as a liaison with government authorities, facilitating smooth interactions and resolving any regulatory issues that may arise.
04
Financial Management
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Taxation Advisory: We offer expert advice on local taxation laws, helping you navigate the complexities of the Kuwaiti tax system.
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Accounting Services: Our accounting services ensure that your financial records are meticulously maintained and compliant with local regulations.
Why Choose Wefaq Holdings?
Wefaq Holdings operates under the same leadership as Wefaq Law Firm, ensuring that your business needs and legal requirements are covered and safe. Our deep understanding of the Kuwaiti legal landscape, combined with our commitment to non-interference and confidentiality, makes us the ideal partner for foreign businesses looking to establish a presence in Kuwait.
We believe in fostering long-term partnerships based on trust, integrity, and mutual success. Our comprehensive services are designed to provide you with peace of mind, allowing you to focus on growing your business while we handle the complexities of local regulations and compliance.
Contact Wefaq Holdings
For more information about how Wefaq Holdings can assist you in establishing your business in Kuwait, please contact us. We look forward to a successful and mutually beneficial partnership.
+965-97009013
Sharq, Block 4, Al-Shuhada Street, Building 32, Floor 11, Office 33, Kuwait City, Kuwait.