The Corporate Tax Rate in Kuwait stands at 15 percent.

Corporate Tax Rate in Kuwait averaged 23 percent from 2006 until 2020, reaching an all time high of 55 percent in 2007 and a record low of 15 percent in 2009. This page provides - Kuwait Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait Corporate Tax Rate - values, historical data and charts - was last updated on October of 2020.

Corporate Tax Rate in Kuwait is expected to reach 15.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kuwait Corporate Tax Rate is projected to trend around 15.00 percent in 2021, according to our econometric models.

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Kuwait Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
15.00 15.00 55.00 15.00 2006 - 2020 percent Yearly

Kuwait Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 15.00 15.00 55.00 15.00 percent [+]
Personal Income Tax Rate 0.00 0.00 0.00 0.00 percent [+]
Social Security Rate 19.50 19.50 19.50 15.50 percent [+]
Social Security Rate For Companies 11.50 11.50 11.50 10.50 percent [+]
Social Security Rate For Employees 8.00 8.00 8.00 5.00 percent [+]


Kuwait Corporate Tax Rate
In Kuwait, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Kuwait.