Tax retention for consulting services in Kuwait
Tax retention for consulting services in Kuwait
(OP)
I am writing a proposal for a project in Kuwait and I believe there is a 5% tax retainage that my client will have to subtract from our invoices. Apparently you can get your 5% back if you get a letter from the Kuwait government (aka the "DIT"), but I don't know how that works exactly. Does anyone have experience with this? I need to know whether to include the 5%.
RE: Tax retention for consulting services in Kuwait
Might be best to price in leaving it behind....
https://s3.amazonaws.com/rgi-documents/ccf30459f0f...
and
https://www.deloitte.com/content/dam/Deloitte/xe/D...
Remember - More details = better answers
Also: If you get a response it's polite to respond to it.
RE: Tax retention for consulting services in Kuwait
RE: Tax retention for consulting services in Kuwait
Far better to be subcontract to a local company who's registered there already.
You'll always find some relative of the people you're working for who can arrange this, for a fee....
But how much work for how long? A one off or many years?
Remember - More details = better answers
Also: If you get a response it's polite to respond to it.