Kuwait: Ministerial Decision No. 52 of 1982 concerning Allowing GCC Citizens to Engage in Economic Activity in the State of Kuwait

 Title

 

Kuwait: Ministerial Decision No. 52 of 1982 concerning Allowing GCC Citizens to Engage in Economic Activity in the State of Kuwait

 

 Date of adoption

 

 15 December 1982
 Entry into force

 

 1 March 1983

 

 Text versions  Arabic

 

Source:

 

–          Al-Kuwait Al-Yawm, Official Journal Issue No. 1450 (15 December 1982), p. 3. Retrieved from: International Organization for Migration – The Migration Agency, Migration Law Database

http://www.imldb.iom.int/search.do?action=search

 

 

Abstract

 

Citizens of the Gulf Cooperation Council (GCC) are permitted to engage in economic activity in the fields of industry, agriculture, animal and fish wealth, and contracting (Art. 1).

 

The contribution of GCC citizens in the capital of a company established to practice any of the aforementioned activities may reach up to 75% (Art. 2).