Kuwait introduces new $830 fee for companies employing ‘excess’ foreigners

Kuwait has been increasing charges and fees for foreigners in recent months to boost government revenues. Kuwait’s Ministry of Social Affairs and Labour has reportedly issued a ministerial decision that will see companies pay an additional fee for employing expats.

The levy will be KD250 ($830) per work permit for employing ‘excess’ expats, according to Kuwait Times. This will likely mean most private sector companies in the country, where nearly nine in 10 citizens work in the public sector, have to pay extra for new hires.

The latest measure is similar to that set to be introduced in Saudi Arabia next year where a fee of SAR300-400 ($80-$107) a month will be introduced for each foreign worker. It will apply to foreign hires at companies should their expat headcount exceed 50 per cent of the workforce.

Source Credit: Gulf Business
Read full story: http://bit.ly/2x6K73R

Comments

comments