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May 15, 2026

This Rule outlines the mandatory procedures for the submission of tax declarations by all taxable Incorporated Bodies. It stipulates that declarations must be filed in Arabic, with all financial amounts in Kuwaiti Dinar, no later than the 15th day of the fourth month following the taxable period. The submission must include a certified auditor's report and comprehensive supporting documentation. Required documents include detailed analyses of contract revenues, expenses, depreciation, and provisions, alongside financial statements presenting comparative figures from the previous financial year to ensure comprehensive reporting.

Executive Rule No. 8 Concerning Submission of the Tax Declaration

Article No. 13 of the Executive Regulations

First: Each taxable Incorporated Body shall file a tax declaration in Arabic language as per the form designated for that purpose provided that the amounts included in the tax declaration shall be in the national lawful currency (Kuwaiti Dinar).

Second: The tax declaration shall be submitted not later than 15th of the fourth months following the taxable period of the declaration.

Third: The tax declaration shall be accompanied by a report approved by an auditor registered with the Ministry of Commerce & Industry and certified by the Ministry of Finance.

Fourth: The tax declaration shall be accompanied by the following documents:

All documents mentioned in Article No. 13 of the Executive Regulations;
Analysis of all contract revenues indicating taxable and exempted revenues as per tax treaties. Further, the value of works completed under each contract during the taxable period of the tax declaration, the value of remaining works and the value of income tax retention for each contract shall be determined according to the attached form;
Analysis of all expenses for completed contracts; the value of expenses, percentages of depreciations and provisions as per the Law and Executive Regulations and rules shall be included.

Fifth: All attached financial statements and analyses (breakdowns) required under item (Fourth) shall include the comparative figures for the previous financial year.

TAX DECLARATION FORM

Tax Declaration For The Fiscal Year Ended ……/…/

Name of the company:

Address:

For the taxable period from _____________ to __________

Incomings accrued from carrying on business during the above-mentioned taxable period. ×××××

Costs and expenses incurred as a result of carrying on business during the taxable period ××××

Depreciation computed in accordance with the Decree and amendments thereto ××××

Head office expenses in accordance with Kuwait Income Tax Decree of 1955 and amendments thereto. ××××

Net profit during the taxable period ××××

Tax @ 15% ××××

Fine @ …. As per Article 8 of the Decree and the amendments thereto ××××

Total settled tax and fine ××××