Monday , September 24 2018

Tag Archives: company license

Licence owners can ‘register’ via automated system of PAM

Foreign investors businesses must register at specific labor dept KUWAIT CITY, July 8: Director General of Public Authority for Manpower (PAM) Ahmed Al-Mousawi has issued a decision to organize work in the private and oil sectors, reports Al-Anba daily quoting informed sources. The decision allows license owners to register via …

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Adoption of amendments on the Companies Law receives plaudits

Call on ministry to continue to reform all existing trade laws KUWAIT CITY, June 27: The economic and legal circles have praised the amendments adopted by the National Assembly on the Companies Law, which are expected to reflect positively on Kuwait’s ranking in the Business Environment Index issued by the …

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130 general trading & contracting companies asked to renew licenses

KUWAIT CITY, March 20: Ministry of Commerce and Industry is planning to ask owners of about 130 general trading and contracting companies, whose licenses have expired for over one year and are yet to be renewed, to choose one of both activities or lose their licenses, reports Al-Rai daily. According …

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Bid to renew licenses for companies – MoCI to implement online system

KUWAIT CITY, April 27: The Ministry of Commerce and Industry (MoCI) will soon implement the online system for renewal of licenses for companies, reports Aljarida daily quoting sources. Affirming the electronic system will be ready in the next few months, sources said different types of companies — whether joint, LTM …

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Diverse reasons for companies’ failure to disclose status on time

KUWAIT CITY, Feb 6, (KUNA): A number of companies enlisted by Boursa Kuwait have abstained from publicizing their financial statements to benefit from the annual grace period ending on March 31 and await accomplishing such task by subsidiary and sisterly firms. Suleiman Al-Wugayyan, board member in Sorooh Investment Company, attributed …

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Companies Law violators licenses to be cancelled

KUWAIT CITY, Feb 29: The Ministry of Commerce and Industry has collated files of companies that failed to submit their financial statements for more than three years and those found to have violated the Companies Law in order to impose penalties such as license cancellation, reports Al-Shahid daily quoting sources. …

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