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Al Markaz Law Firm - Kuwait
Companies incorporated in the Cayman Islands have been used throughout the Gulf region for many years
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Al Markaz Law Firm - Kuwait
Al Markaz Law Firm - Kuwait
in cooperation with MAPLES: Companies incorporated in the Cayman Islands have been used throughout the Gulf region for many years. They provide a business friendly, cost efficient and reliable structure to make international investments and to establish investment funds and structured products. In jurisdictions where the local corporate laws are rigid they are also used for joint venture arrangements, allowing the parties to enter into complex arrangements. Read more on the topic in the International Highlights section of our newsletter
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Al Markaz Law Firm - Kuwait
The Resignation or Removal of a Board Member according to the Lebanese Code of Commerce.
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Al Markaz Law Firm - Kuwait
Al Markaz Law Firm - Kuwait
in cooperation with Khattar Associates: The Resignation or Removal of a Board Member according to the Lebanese Code of Commerce.
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Al Markaz Law Firm - Kuwait
How may a director be appointed for the branches of a foreign insurance company operating
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Al Markaz Law Firm - Kuwait
Al Markaz Law Firm - Kuwait
FAQ: How may a director be appointed for the branches of a foreign insurance company operating in the State of Kuwait? A: a. A director for the branches of a foreign insurance company operating in Kuwait may be appointed by a letter from the parent company, which must be notarized, attested and legalized from the concerned authorities. b. The said director must be granted all authorities required to operate the branches in the State of Kuwait.
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Al Markaz Law Firm - Kuwait
What is the minimum capital required for insurance companies for organizing insurance business
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Al Markaz Law Firm - Kuwait
Al Markaz Law Firm - Kuwait
FAQ: What is the minimum capital required for insurance companies according to the Ministerial Decree No 149 of 2015 for organizing insurance business in the State of Kuwait? The minimum capital required for insurance companies according to Ministerial Decree is as follows: 1. KWD 50,000 for a life and health insurance brokerage firm 2. KWD 50, 000 for a general insurance brokerage firm. 3. KWD 100,000 for all insurance business brokerage firms. 4. KWD 100,000 for exclusive agency company for all insurance business. 5. KWD 250,000 for a reinsurance brokerage firm.
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Al Markaz Law Firm - Kuwait
Following numerous official reports and academic writings, and a year of public consultation, Evidence and Obligations
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Al Markaz Law Firm - Kuwait
Al Markaz Law Firm - Kuwait
Following numerous official reports and academic writings, and a year of public consultation, French Ordinance No. 2016-131 reforming the Law of Contracts, Evidence and Obligations was eventually published on 11 February 2016. Find out more on these reforms
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Al Markaz Law Firm - Kuwait
What are the controls for granting industrial licensing to Kuwaiti, GCC and foreign investors?
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Al Markaz Law Firm - Kuwait
Al Markaz Law Firm - Kuwait
FAQ: What are the controls for granting industrial licensing to Kuwaiti, GCC and foreign investors? According to Article 6 of the Industrial Law No. 56 of 1996, industrial licensing may not be granted except to the following: 1. Kuwaiti individuals or companies established in accordance with the provisions of the Companies Law; 2. GCC citizens, whether individuals or firms according to the agreements enforced on this matter.
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