Commercial Concealment Law violators face up to 3 years in jail, 100,000 dinars in fines
New Law targets hidden business ownership, illegal profits; moves against businesses operating under other people’s licenses effective from February 2027 Kuwait will introduce tougher measures against commercial concealment in February 2027, targeting arrangements in which individuals conduct business using commercial licenses registered in other people’s names. The new legislation aims to curb unfair competition, protect … The post Commercial Concealment Law violators face up to 3 years in jail, 100,000 dinars in fines appeared first on Times Kuwait .