Commerce permits online conversion to LLC
The Kuwait Ministry of Commerce and Industry announced the availability of an electronic service to convert a company's legal structure from a sole proprietorship to a limited liability company through the Companies Portal. This aims to facilitate and expedite the procedures for altering a company's legal form and to create a more flexible business environment. The service allows relevant parties to submit applications and complete all procedures entirely online without the need to visit the concerned authorities. This initiative is part of the ministry's efforts to enhance digital transformation and develop electronic services in the business sector. It comes within the framework of activating digital transformation, supporting the investment climate, and improving the business environment in Kuwait.
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