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Announcement: Holders of commercial licenses for the activities mentioned below must review the Ministry of Commerce

Holders of commercial licenses for the activities mentioned below must visit the Ministry of Trade and Industry - Personnel Companies Administration - Commercial Activities Classification Committee Section to receive their licenses.


- Organizing tourist trips and external tourist guidance (without booking travel tickets 791208)
- Organizing cultural trips abroad (without booking travel tickets 791210)
- Tour guide activities externally (without booking travel tickets 7990322)

The license holder or his representative must be present and bring the old original license

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Announcement regarding the final results of the examination for practicing the profession of accounting

The Committee for Establishing the Rules and Procedures for the Auditing Profession Exam in the Ministry of Commerce and Industry announces the final results and responses to grievances for the auditing profession exams. Therefore, applicants are requested to review the relevant department (shareholding companies - Auditing Affairs Department) to receive the final results and special passing certificates.
Brothers and sisters who passed all exams for the October 2023 session must submit the following documents to the e-mail address mentioned below within a week from the date of this announcement, so that the applications can be submitted to the registration committee for auditors for consideration and issuance of registration numbers for those who passed:

- National ID
-Criminal newspaper
- Academic certificate (Bachelor of Accounting)
- Equivalency of academic certificate from higher education to private and foreign universities
- A valid membership certificate from the Association of Accountants and Auditors
- A certificate from the insurance company stating the subscription periods and years of experience
- An experience certificate of no less than five years from the employer (CV and career progression) with a detailed list of job duties
- Certificate of passing the profession practice test
- In the event of issuing a license to practice the profession and registering in the register of practitioners, submit a resignation certificate from the employer, indicating full dedication to practicing the profession.

auditors@moci.gov.kw

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Announcement: brothers and sisters, auditors practicing the profession

Announcement

In implementation of Ministerial Resolution No. 13 of 2020 and its executive regulations regarding practicing the profession of auditors.
Brothers and sisters, auditors practicing the profession, are requested to provide the management of joint stock companies with a recent certificate from Social Insurance. Likewise, brothers and sisters, faculty members at Kuwait University and the Public Authority for Applied Education, provide us with a recent letter from the competent authority stating that there is no objection to practicing the profession of auditors within a period of thirty days. From the date of publishing this announcement today, Tuesday, 12/12/2023, send the required document to the email shown below, as the Ministry of Commerce will take the necessary legal measures against anyone who violates the above-mentioned law and fails to send the required document within the specified period.

auditors@moci.gov.kw

Thank you for your cooperation

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Announcement: The Committee for Establishing Rules and Procedures for Examination for Practicing the Accounting Profession announces

The Committee for Establishing the Rules and Procedures for the Examination for Practicing the Profession of Accounts in the Ministry of Commerce and Industry announces the final results of the exams for practicing the profession of auditors. Applicants must visit the competent department (shareholding companies - Department of Auditors Affairs) to receive the results.

A grievance against the test result is made by submitting an official letter addressed to the Chairman of the Committee no later than seven days from the date of announcing the result, in exchange for a fee of twenty-five Kuwaiti dinars per subject, non-refundable, provided that the grievance letter form is filled out at the Auditors’ Affairs Department in the Department of Joint Stock Companies. .

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Notification on Registering the Actual Beneficiary’s Data & Steps to Register the Actual Beneficiary Data

Through Sahel government application, the Ministry of Commerce has circulated notifications to business owners to undertake the registration of the actual beneficiary’s valid and correct data, in implementation of Ministerial Resolution No. (04) of 2023.

 

The aforementioned Resolution and this required measure aim to develop the State’s business environment, capabilities and economic standing by strengthening the Ministry’s supervisory role and confronting suspicious transactions and money laundering operations, as well as by assisting the regulatory authorities in achieving that purpose.

 

Actual beneficiary is any natural person who owns or exercises final direct or indirect control over the customer or the person on whose behalf the transaction is performed, or the natural person who exercises final actual control over a legal person or a legal arrangement as determined in Article (5) of the Resolution.

 

Business owners are required to provide information about persons who have shares in the company, yet are not present in the Ministry’s records, contracts, official documents or database.

Actual beneficiary’s identity identification shall be implemented in all cases, whether the actual beneficiary is known and previously mentioned in the Ministry’s records or if he has not been previously declared and identified.

 

 

Steps to Register the Actual Beneficiary Data

Through the Commercial Register E-Services Portal:

ereg.moci.gov.kw

 

1. Select “Self-Service”

2. Log to “Add Actual Beneficiaries”

3. Enter the license commercial registration number, civil authority number or the central number.

4. Enter the Actual Beneficiary required data in the fields designated.

5. Click on “Save Beneficiary Data”

  

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Issuance of a ministerial decision regarding procedures for determining the identity of the actual beneficiary

 

Ministerial Resolution No. (4) for 2023

On the Procedures for Determining the Actual Beneficiary’s Identity

 

Minister of Commerce and Industry

Pursuant to:

  • Penal Law promulgated by Law No. (16) of 1960 and the amendment laws thereof.
  • Law of Commerce issued by Decree Law No. (68) of 1980 and the amendment laws thereof.
  • Anti-Money Laundering and Combating the Financing of Terrorism Law No. (106) of 2013, as amended by Law No. (24) of 2016, and its Executive Regulations.
  • Law No. (111) of 2013 on Commercial Licensing and its Executive Regulations, as amended.
  • Law No. (01) of 2016 on Issuance of the Companies Law and the amendment laws thereof.
  • Law No. (02) of 2016 on the Establishment of Kuwait Anti-Corruption Authority and the provisions related to financial disclosure.
  • Law No. (18) of 2018 on the Commercial Register and its Executive Regulations.
  • Law No. (71) of 2020 on Bankruptcy, and its Executive Regulations, as amended.
  • Decree No. (191) of 2015 on the Organization of the Ministry of Commerce and Industry.
  • Decree No. (300) of 2016 on Issuing the Executive Regulations of Law No. (02) of 2016 AD regarding the Establishment of Kuwait Anti-Corruption Authority and the provisions related to financial disclosure.
  • Letter of the Department of Legal Advice and Legislation, Ref. No. (20210005108), dated 21/12/2022.
  • Letter of the Ministry of Justice, Ref. No. (MOJ126-2O22O11962), dated
  • 21/06/2022.
  • What was presented by the Undersecretary of the Ministry, and
  • Based on Public Interest,

 

Has decided as follows:

Definitions

Article (1)

The following words and phrases shall have the meaning indicated next to each of them:

The Law

:

Anti-Money Laundering and Combating the Financing of Terrorism Law No. (106) of 2013.

Executive Regulations

:

Executive Regulations of the Anti-Money Laundering and Combating the Financing of Terrorism Law No. (106) of 2013.

Registrar

:

Authority responsible for supervising tradenames’ registration for various types of establishments registered in the state.

Concerned Authorities

:

Regulatory and competent authorities responsible for implementing any provision of the Law and the Executive Regulations.

Actual Beneficiary

:

Any natural person who owns or exercises final, direct or indirect control over the customer, the person on whose behalf the transaction is conducted or the natural person who exercises ultimate and actual control over a legal person or legal arrangement, as determined in Article (5) of this Resolution.

Nominal Management Member

:

Any natural person who acts in accordance with the directions, instructions or will of another person.

Senior Management

:

The decision-making authority in a legal person.

Actual Beneficiary Register

:

Special register for the actual beneficiaries of a legal person that includes all relevant data.

Partners or Shareholders Register

:

Special register for partners or shareholders in a legal person that includes all their data.

Testator

:

Natural or legal person who authorizes the management of his funds to a trustee according to an official or customary document.

Trustee

:

Natural or legal person who enjoys the rights and powers granted thereto by the testator or the trust fund, under which he undertakes the management, use and disposition of the testator’s funds in accordance with the conditions imposed thereon by either of them.

Trust Fund

:

Legal relationship under which the testator places funds under the control of the trustee in favor of a beneficiary or for a specific purpose. These funds are deemed independent of the trustee’s property, where the right to the trustee’s funds remains in the name of the testator or in the name of another person on behalf thereof.

 

Resolution Objectives

Article (2)

This Resolutions aims to the following:

1. Contributing to developing the business environment and the state’s capabilities and economic standing, pursuant to international requirements, by regulating, at least, the minimum obligations of the Registrar and legal persons in the state, including licensure or registration procedures and organizing the Actual Beneficiary Register and the Partners or Shareholders Register.

2. Developing effective and sustainable executive and organizational mechanisms and procedures for beneficial ownership data.

 

Scope of Validity

Article (3)

1. The provisions of this Resolution apply to the Registrar and legal persons licensed or registered in the state.

2. Excluded from the provisions of this Resolution are companies wholly owned by the state or any other companies wholly owned by those companies.

 

Legal Person Licensure or Registration

Article (4)

1. The legal person shall be licensed or registered in the state, and, when applying for a license or registration, shall provide the Registrar with the following basic data:

A) Name, legal form and articles of incorporation.

B) Address of the headquarters or main premises. If the legal person is a foreigner, the name and address of its legal representative in the state shall be mentioned and evidence to that effect shall be submitted.

C) Articles of Association or any other similar documents approved by the relevant authority in the state.

D) Names of relevant persons who hold senior management positions with the legal person and their registered data based on the travel documents or civil cards, their numbers and the date of their issuance and expiration.

2. A legal person may not be licensed or registered under a name previously registered in the state or under a name that is similar to a degree that causes confusion.

3. The legal person shall refrain from using a name other than its registered name, where that name shall be followed by the legal form of the legal person. It may also apply to the Registrar to change its name. If approved, the legal person shall be prohibited from using the canceled name immediately after its cancellation, where all its letters and documents shall its new name and address is clearly in the state in a clear manner.

4. The legal person shall have a clear, detailed address registered in the state, which the Registrar shall be notified of, and on which all correspondence and notifications shall be received.

 

Determining the Actual Beneficiary

Article (5)

1. For the purposes of applying the provisions of this Resolution, the Actual Beneficiary of a legal person shall be any person who ultimately owns or controls a legal person, through direct or indirect ownership shares at a ratio of 25% or more of the legal person’s capital, or has the right to vote therein at a ratio of 25% or more, including retaining that ownership through a chain of ownership or control or through control by other means, such as the right to appoint or remove a majority of the members of the Board of Directors.

2. Actual Beneficiary may be traced through any number of legal persons or any arrangements of any kind.

3. In case more than one person participates in owning or controlling a percentage of the capital of a legal person, they shall all be treated as owners and controllers of that percentage.

4. If all possible means have been exhausted and a natural person with final controlling ownership has not been identified as stated in Clause (1) of this Article, or in case of doubt, then the natural person who exercises control over the legal person through other means shall be the Actual Beneficiary.

5. If no natural person is identified as stated in Clause (4) of this Article, the Actual Beneficiary shall be deemed to be the natural person holding the senior management officer position.

 

Transparency and Actual Beneficiary

Article (6)

1. The legal person shall take reasonable measures to obtain and maintain appropriate, accurate and up-to-date data about its beneficial owner.

2. Excluded from the application of the provision of Clause (1) of this Article are legal persons licensed or registered in the State and owned by a company listed in a regulated market that is subject to disclosure requirements that impose conditions to ensure sufficient transparency for the Actual Beneficiary or a majority-owned subsidiary of that listed company.

 

Notifications Related to Beneficial Owner

Article (7)

1. If it becomes evident to the legal person that there is a person who could be an Actual Beneficiary, yet his ownership details, whatever their nature, are not properly registered in the Actual Beneficiary Register, the legal person shall inquire about the status of that person as its Actual Beneficiary, and if a period of fifteen (15) days has passed From the date of the inquiry without a response, the legal person must notify the natural person that he is considered an Actual Beneficiary thereof.

2. The notification referred to in Clause (1) of this Article includes the following:

A) Evidence of the issuance of notification pursuant to this Resolution.

B) Details of the data relevant to being an Actual Beneficiary, which the legal person believes to be correct, with a request to provide any missing data required to complete the data of the Actual Beneficiary Register.

C) Requesting the notified person to undertake the following:

1. Stating whether or not he is the Actual Beneficiary of the legal person.

2. Confirming or correcting any details included in the notification.

3. Providing any missing data in the notification.

3. If the person to whom the notification is sent does not comply within fifteen (15) days from the date of receipt thereof, the legal person shall include the reported details in the Actual Beneficiary Register.

4. For the purpose of determining the identity of the Actual Beneficiary, the legal person may rely on the person’s written response to the notification, unless he has reasonable grounds to suspect that the answer is misleading or incorrect, then he shall have to register the details of the nature of ownership of that person as an Actual Beneficiary and shall notify him of the same.

 

Actual Beneficiary Register

Article (8)

1. The legal person shall keep the detailed data of each of its actual beneficiaries in the valid beneficiary register created thereby within sixty (60) days from the date of implementation of this Resolution or from the date of the existence of that legal person. It shall also update this register and include any change that occurs thereon within fifteen (15) days from the date it becomes aware thereof or from the date it is supposed to have known about it.

2. The Actual Beneficiary Register shall include the data of each Actual Beneficiary, as follows:

A) Full name, nationality, date and place of birth.

B) Place of residence or address to which notifications shall be sent pursuant to this Resolution.

C) Travel document or civil card number, the state, dates of issuance and expiration.

D) The basis on which he became an Actual Beneficiary of the legal person and the date on which he acquired that capacity.

E) The date on which the person ceased to be an Actual Beneficiary of the legal person.

3. In case the legal person includes the name of a natural person in the Actual Beneficiary Register in that capacity, where that natural person does not provide, by himself or with his knowledge, all data and details related thereto, the legal person shall notify him within (15) fifteen days from the date of his inclusion.

4. Any person with a capacity or interest may submit to the competent court a request to correct the Actual Beneficiary Register, in the following cases:

A) Inserting or deleting the name of any person from the Actual Beneficiary Register unjustifiably or without sufficient reason.

B) Failure to include the name of a person in the Actual Beneficiary Register.

C) Unjustified delay in including the name of a person in the Actual Beneficiary Register or deleting the name of a person who is no longer an Actual Beneficiary.

5. A legal person may not register or enforce any document related to a change in ownership therein, unless the person to whom the ownership is transferred, or his representative, submits a statement that includes whether the transfer will result in a change in the beneficial owner of the legal person, the nature of this change, where the data of the new Actual Beneficiary shall be provided and included in the register.

 

Nominal Management Members

Article (9)

1. The manager or board director who acts as a Nominal Management Member shall notify the legal person that he is a nominal member and shall submit all data referred to in Article (10) of this Resolution within fifteen (15) days from the date he acquires this capacity. The Nominal Management Member who acquired that capacity before the publication of this Resolution shall notify the legal person of the same within thirty (30) days from the date of its publication.

2. The Nominal Management Member shall inform the legal person of any change occurring in the data referred to in Article (10) of this Resolution within fifteen (15) days from the date of implementing that change.

3. The Nominal Management Member shall inform the legal person of the cessation of his capacity as a nominal member within fifteen (15) days from the date of cessation.

 

Partners or Shareholders Register

Article (10)

1. The legal person shall keep the details of each partner’s or shareholder’s data in the Partners or Shareholders Register and shall keep that Register updated and inclusive of any change that occurs therein within fifteen (15) days from the date it becomes aware of that change, provided that it shall include the following data:

A) Number of shares owned by each of them and their associated voting rights.

B) Date of acquiring the capacity of a partner or shareholder.

C) For partners or shareholders who are natural persons: full name as stated on the civil card or travel document, nationality, name, place of birth, name and address of the employer, attaching a valid true copy of the civil card or travel document.

D) For partners or shareholders who are legal persons: all data mentioned in Article (4.1) of this Resolution.

2. A legal person who has one or more partners or shareholders, who act as trustees or as Nominal Management Members, shall register their data in the Partners or Shareholders Register.

3. The Partners or Shareholders Register shall include data on the persons represented by each trustee or Nominal Management Member as stated in Article (2.2) of this Resolution.

 

Making Data Available to the Registrar

Article (11)

1. Within sixty (60) days from the date of implementation of this Resolution or from the date of licensure and registration of the legal person, the latter shall submit the data of the Actual Beneficiary Register and the Partners or Shareholders Register to the Registrar and shall take reasonable measures to preserve its registers from damage, loss or destruction.

2. The legal person shall provide any additional data requested by the Registrar within the period specified thereby.

3. Taking the applicable legislation into consideration, the legal person shall submit all data referred to in Article (4.1) of this Resolution to the Registrar when requesting incorporation, licensure, registration, renewal, amendment or any other actions that the Registrar deems necessary for that purpose.

4. Every legal person shall provide the Registrar with the name of a natural person residing in the state who is authorized to disclose to the Registrar all data and information required by the aforementioned Law or Executive Regulations, as well as his address, contact information and a valid copy of his travel document or civil card.

5. In case a legal person issues shares or equities in the name of persons or Management Members, it shall be obligated to disclose within fifteen (15) days the data of those shares or equities and the identity of the persons and Management Members Registrar.

6. If the legal person is in a phase of dissolution or liquidation, the liquidator shall deliver the Actual Beneficiary Register and the Partners or Shareholders Register, if any, or replicas thereof, to the Registrar within thirty (30) days from the date of his appointment.

7. The legal person, its manager, liquidator, or others concerned with its dissolution shall retain the registers and all data referred to in this Resolution for a period of at least five (5) years from the date of its dissolution, liquidation, cancellation, or other procedures that lead to end its legal existence.

 

Notifications Issued by the Registrar

Article (12)

1. For the Registrar to perform his duties, the legal person or any other person who has data or documents relating to the actual beneficiaries or Nominal Management Members, without prejudice to any privilege enjoyed by that person, shall be obligated to the Registrar’s request to provide or inform his employees or his authorized agents of such data or documents in accordance with a written notification to be sent to either of them at the time and place specified in the said notification.

2. The powers granted to the Registrar under Clause (1) of this Article include the following:

A) Taking copies of the documents submitted according to the circumstances deemed appropriate by the Registrar.

B) Requesting the person who is required to submit data or documents, in case they are not submitted, to indicate their location, to appear at the time and place specified by the Registrar and to answer any questions related to any matters for which data is required to be submitted.

3. Lawyers and other independent legal professionals and independent legal auditors shall be exempted from providing any data requested in the notification if they are obtained on the occasion of assessing the legal status of the legal person, defending or representing it before the judiciary, arbitration proceedings, mediation or conciliation, or on the occasion of providing a legal opinion in a matter related to judicial proceedings, including providing advice on initiating or avoiding taking such proceedings or inquiring about them, whether that data was obtained before, during or after the judicial proceedings or in other circumstances where they are subject to professional confidentiality.

 

Registrar's Obligations

Article (13)

The Registrar shall be obligated to the following:

1. Preparing and issuing work forms, notifications and guidance manuals related to licensure or registration procedures in the required manner that achieves effectiveness.

2. Providing appropriate human resources to enable him to carry out his work tasks effectively.

3. Automating and classifying data obtained thereby in a way that facilitates referring to them and their exchange with security authorities upon request.

4. Providing all data required in terms of the commercial register within six (6) months from the date of implementing this Resolution and any other data requested by the Ministry of Commerce and Industry or the concerned authorities.

5. Providing data on legal persons in the state and making them available to the public, as follows:

A) Description of their different types or forms and basic features, in accordance with Companies Law No. (01) of 2016.

B) Licensure or registration procedures.

C) Basic data as included in Article (4.1) of this Resolution.

D) Data related to the Actual Beneficiary.

6. Maintaining and updating the basic data mentioned in Article (4.1) of this Resolution, ensuring its accuracy and availability to the public.

7. Obtaining the data of the Actual Beneficiary when licensing or registering the legal person, keeping such fata updated and accurate.

8. Maintaining all registers submitted thereto it pursuant to Article (11.7) of this Resolution, for a period of at least five (5) years from the legal person’s expiry date through dissolution, liquidation or other procedures leading to ending its legal existence.

9. Updating the basic data included in Article (4.1) of this Resolution and the data of the Actual Beneficiary Register and the Partners or Shareholders Register on an ongoing basis, based on the data provided thereto by the legal person, providing it to the Ministry of Commerce and Industry and disclosing it based on the request of the concerned authorities.

 

Change of Data

Article (14)

1. The legal person shall maintain all basic data in accordance with Article (8) of this Resolution, the data of the Partners or Shareholders Register, the data of the Actual Beneficiary Register, the data of the registers associated therewith and any other data or information that may be required to keep under the applicable legislation, provided being accurate and updated.

2. The legal person shall submit any amendment or change to the data or information pursuant to this Resolution to the Registrar within fifteen (15) days from the date of the amendment or change.

 

Local and International Cooperation

Article (15)

1. The Ministry of Commerce and Industry shall provide the basic data included in Article (4.1) of this Resolution, data in the Actual Beneficiary Register and the Partners or Shareholders Register to the relevant authorities in the state upon request.

2. The Ministry of Commerce and Industry shall provide means of international cooperation regarding the basic data of the legal person, data in the Actual Beneficiary Register and the Partners or Shareholders Register, provided that such cooperation shall include the following:

A) Facilitating the competent foreign authorities’ access to the basic data available in the legal person’s registers upon request.

B) Exchanging data and information about partners or shareholders in any legal person.

C) Using the Ministry’s powers to obtain all data of the Actual Beneficiary on behalf of foreign counterparts.

3. The Ministry of Commerce and Industry shall supervise the quality of implementation of international cooperation operations received from other states with regard to requests to obtain basic data for legal persons and data for the Actual Beneficiary thereof, as well as requests for international cooperation in terms of knowing the whereabouts of the actual beneficiaries outside the state, pursuant to bilateral agreements, multilateral agreements or based on the principle of Reciprocity.

 

Penalties

Article (16)

Without prejudice to the provisions of criminal liability resulting from violations stipulated in the Law, and when any violation of the provisions of this Resolution is proven by financial institutions and designated non-financial businesses and professions, the measures and penalties stipulated in Article No. (15) of the Law shall apply.

 

Prohibition of Granting or Renewing a License

Article (17)

It is prohibited to grant or renew any license unless all requirements of this Resolution are met.

 

Resolution Publication and Enforcement

Article (18)

All concerned persons, each in his capacity, shall implement this Resolution, which shall be enforced as of 01/04/2023 and shall be published in the Official Gazette.

 

Mazin Saad Al-Nahedh

Minister of Commerce and Industry

Minister of Communications and Information Technology

[signature]

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Some key points regarding the procedures developed for identifying the actual beneficiary’s identity.

 

Press Release

 

Some key points regarding the procedures developed for identifying the actual beneficiary’s identity.

The Actual Beneficiary Resolution was issued to protect companies and institutions’ data against exploitation or abuse by others and to help state regulatory agencies, financial institutions and designated non-financial businesses and professions verify, identify and obtain accurate data and information about the legal person conducting financial or commercial operations directly or indirectly.

 

The Resolution enhances the implementation and fulfillment of the requirements of the Anti-Money Laundering and Combating the Financing of Terrorism Law No. (106) of 2013.

 

Provided actual beneficiary data shall be audited and verified until a complete, correct and reliable database in this regard is created, where legal action shall be taken if such data is proved to be incorrect.

 

Compiling and creating a database shall strengthen anti-money laundering and terrorist financing systems and shall contribute to monitoring suspicious practices.

 

Competent authorities in the State, relevant financial institutions and designated non-financial businesses and professions shall be authorized to inquire about the database of the Ministry of Commerce and Industry to achieve the goal of verifying the real beneficiary and the person controlling the legal person.

 

The Resolution helps implement and achieve the principle of transparency to help assess the risks of misusing legal persons in money laundering or terrorist financing and to ensure that the competent authorities are able to obtain or access sufficient, accurate and updated information about the real beneficiary, thus helping them to take the necessary measures to prevent legal persons from exploiting the same to carry out any suspicious operations.

 

 

 

 

 

 

Date: 17 JUL 2023

Ref.:

 

Ministerial Circular No. 1 of the Year 2023

 

Regarding the Procedures Required Concerning Transactions related to Virtual Assets

 

The Minister of Commerce and Industry and Minister of State for Youth Affairs

 

Having perused:

 

Law No. (16) of 1960 promulgating the Penal Law and its amending laws;

Law No. (106) of 2013 regarding combating money laundering and terrorist financing, as amended by Law No. (24) of 2016;

Law No. (111) of 2013 regarding commercial stores licenses and its executive regulations and their amendments;

Law No. (1) of 2016 regarding issuance of the Companies Law and its amending laws and its executive regulations and their amendments;

Law No. (18) of 2018 regarding the Commercial Register and its executive regulations;

Decree No. (191) of 2015 regarding the organization of the Ministry of Commerce and Industry;

The Council of Ministers Resolution No. (1532) of 2013 regarding the Kuwait Financial Intelligence Unit;

Resolution of the Minister of Finance No. (37) of 2013 issuing the executive regulations of Law No. (106) of 2013 regarding Combating Money Laundering and Terrorist Financing, as amended by Ministerial Resolution No. (51) of 2016 and Ministerial Resolution No. (5) of 2021;

Ministerial Resolution No. (139) of 2021 regarding the rules and procedures for the matrix of violations, penalties, and measures established regarding financial institutions and designated non-financial businesses and professions subject to the supervision of the Ministry of Commerce and Industry with regard to combating money laundering and terrorist financing;

Based on what has been presented by the Undersecretary;

And based on what the public interest requires,

 

Has issued the following circular

 

To all financial institutions and designated non-financial businesses and professions

 

Within the scope of strengthening efforts to combat money laundering and terrorist financing, and the conclusions of the National Committee for Combating Money Laundering and Terrorist Financing regarding the required obligation in the field of implementing Recommendation (15) of the international requirements issued by the Financial Action Task Force (FATF) related to dealing in virtual assets, defined as assets that have a digital representation of their value, that can be traded or transferred digitally and can be used for payment or investment purposes, as Recommendation (15) requires that virtual assets be considered as “property,” “revenue,” “money,” “money or other assets,” or “other equivalent value,” while noting that virtual assets do not include digital representations of banknotes, securities, and other financial assets that were addressed in another part of the Financial Action Task Force (FATF) recommendations, we affirm our commitment to the following:

The absolute prohibition of using virtual assets as a payment instrument/means or recognizing them as a non-centralized currency in the State of Kuwait. Therefore, you must refrain from conducting transactions in which virtual currencies are used as a payment instrument/means within the scope of this prohibition.

It is prohibited to deal in virtual assets as a means of investment, and therefore, it is required to refrain from providing this type of service to any customers.

It is prohibited to issue or grant to any natural or legal person within the State of Kuwait a license to provide virtual asset services as a business for himself or on behalf of others (in addition, no licenses in this regard have been previously issued).

The securities regulated by the Central Bank of Kuwait and other securities and financial instruments regulated by the Capital Markets Authority are exempted from this prohibition.

Absolute prohibition of all virtual assets/currencies mining activities.

This also requires that you make customers constantly aware of the risks that may result from dealing in virtual assets (which are carried out through transactions carried out outside the State of Kuwait by customers), especially cryptocurrencies, because they do not have a legal status and are not issued or supported by any government, as they are not linked to any asset or issuer, and the prices of these assets are always driven by speculation, which exposes them to a sharp decline.

The measures and penalties stipulated in Article (15) of Law No. 106 of 2013 regarding Combating Money Laundering and Terrorist Financing apply to anyone who violates this circular, without prejudice to the penalties stipulated in each regulatory authority.

 

(Signature)

Mohammad Othman Al-Aiban

Minister of Commerce and Industry and Minister of State for Youth Affairs

 

 

 

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Announcement: Regarding the location of the examination for practicing the profession of accounting

Announcement: Regarding the location of the examination for practicing the profession of accounting

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Mr.Zyad Abdullah Alnajm undersecretary of the ministry of commerce and industry

                  

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His Excellency the Minister of Commerce and Industry and Minister of State for Youth Affairs, Mr. Muhammad Al-Aiban issued a statement

            

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Issuance of the first license for activities that do not require renting an office or shop


        The Ministry of Commerce and Industry announced the issuance of the first license for activities of a special nature today, June 13th.

      Activities of a special nature are activities that do not require renting an office or a commercial place to practice them.

      Assistant Undersecretary of the Ministry of Commerce for Technical Support and Planning Affairs, Nasser Al-Mutawa, handed over the license to Ahmed Amin Behbehani.

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Al-Jalal heads the Kuwaiti delegation in Beirut

The Assistant Undersecretary for Legal Affairs, Companies and Commercial Licenses Dr.Mohammad AlJalal headed the Kuwaiti delegation in Beirut at the invitation of the Lebanese Ministry of Economy and Trade,  also to emphasize the depth of the historical relationship between the two countries

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The 64th Trade Cooperation Committee meeting of the Ministers of Commerce and Industry, Muscat

  Meetings of Their Excellencies and Ministers of Commerce and Industry and Standardization Affairs in the Gulf Cooperation Council (GCC) countries and its accompanying meetings 10-11 May 2023 
Muscat - Sultanate of Oman        

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تهـــنــئــة من وزارة التجارة

تتقدم الوزارة بالتهنئة لمعالي وزير التجارة والصناعة / محمد عثمان العيبان، لنيله للثقة الغالية من حضرة صاحب السمو أمير البلاد الشيخ نواف الاحمد  حفظه الله ورعاه وسمو ولي عهده الامين الشيخ مشعل الاحمد وسمو رئيس الوزراء الشيخ احمد النواف. وتتمنى الوزارة للوزير العيبان التوفيق خلال المرحلة المقبلة . كما تتقدم الوزارة بالشكر والعرفان لمعالي وزير التجارة والصناعة السابق مازن الناهض، وذلك تقديرا  لجهوده خلال فترة توليه حقيبة الوزارة.

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The account of the Ministry of Commerce on the "Tik Tok" application

 حساب وزارة التجارة على تطبيق "تيك توك"

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Your right when buying a precious metal

Your right when buying a precious metal

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A reminder regarding the decision to prevent cash transactions for some activities and exhibitions

* Companies and institutions subject to the supervision of the Ministry of Commerce and Industry and participating in all types of exhibitions held in the State of Kuwait, whether the participants are from inside or outside Kuwait during the period of their participation in the exhibition, must commit not to deal in cash when making any contract or transaction

* Payment must be debited from the customer's account through non-cash payment instruments that the Central Bank of Kuwait allows to operate

* Every facility that violates the provisions of the decision shall be closed and referred to the investigation authorities

 This decision is effective from the date of its issuance August 7, 2022

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When you have infringed your intellectual property, patent or trademark

When you have infringed your intellectual property, patent or trademark

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It is illegal - to force the consumer to buy a certain amount of goods or a good with another

it is illegal - to force the consumer to buy a certain amount of goods or a good with another

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Trade closes a coffee shop

The Ministry of Commerce and Industry has implemented a closure against a coffee shop in the Salmiya area for offering expired sweets, as a number of expired packages were seized to provide to the café-goers, and a number of others were seized without any data or country of origin.

The commercial control team issued a report of seizure of violations and completed the legal procedures against the violator.

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Restaurants and cafes are prohibited from charging any additional amount from the consumer under any name

Restaurants and cafes are prohibited from charging any additional amount from the consumer under any name

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When buying car tires, make sure...Dear consumer

عند شراء اطارات السيارات تاكد ...عزيزي المستهلك 

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Trade closes a shop for selling counterfeit goods

Trade closes a shop for selling counterfeit goods

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The importance of combating counterfeit goods in the State of Kuwait

The importance of combating counterfeit goods in the State of Kuwait

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#You have the right..Dear consumer

#You have the right..Dear consumer

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Dear consumer, you are entitled to

Dear consumer, you are entitled to

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Formation of a specialized committee to monitor car rental offices

To complement and achieve joint cooperation between state agencies and ministries in order to protect the consumer and ensure the implementation of laws.
The Ministry of Commerce and Industry announces that a joint committee has been formed from the Ministry of Interior and the Ministry of Commerce and Industry to monitor car rental offices in all governorates of the State of Kuwait to ensure their compliance with the laws and decisions of the Ministries of Interior and Trade.

The committee will conduct joint and intensive inspection tours of car rental offices in all governorates on an ongoing basis to achieve its objectives and in order to implement the law.

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The Ministry of Commerce and Industry has implemented a closure against a consultancy office in the Sharq region

The Ministry of Commerce and Industry has implemented a closure against a consultancy office in the Sharq region for violating its commercial activity, as it extracts contracts for leasing investment offices for those wishing to do so, in violation of the activity of its commercial license.
The emergency team completed the legal procedures against the violator.

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The Ministry of Commerce and Industry implemented a closure against a grocery store in the Sharq region

The Ministry of Commerce and Industry implemented a closure against a grocery store in the Sharq region. The violator was arrested for committing a violation of selling state-subsidized food commodities.
The emergency team completed the legal procedures against the violator.

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Immediate renewal of the “ration card” online

Immediate renewal of the “ration card” online

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Respond to leaflets recalling vehicles with manufacturing defects

Respond to leaflets recalling vehicles with manufacturing defects

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The Ministry of Commerce and Industry implemented a closure against a shop in the Mubarakiya

The Ministry of Commerce and Industry implemented a closure against a shop in the Mubarakiya area for selling counterfeit goods. A large amount of leather products and accessories bearing counterfeit trademarks of the most famous international companies were seized, and the emergency team identified them and completed the legal procedures against the violator.

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Goods excluded from a 14-day period for return and exchange

Goods excluded from a 14-day period for return and exchange, to be returned and exchanged within a period not exceeding 24 hours, provided that the option to return is proven in the purchase invoice

Valuable goods such as jewelry and watches
Evening and wedding wear
- the glasses
Skin-contact goods (interior)

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Commerce seizes a large quantity of counterfeit vehicle spare parts

Commerce seizes a large quantity of counterfeit vehicle spare parts


The Ministry of Commerce and Industry has seized a large quantity of counterfeit vehicle spare parts, and the quantity was seized in one of the garages in the Shuwaikh Industrial Area, which is hidden in a garage warehouse.

Various types of counterfeit filters, plaques and flanges were found ready for sale, which puts consumers' lives at risk, as they are used for vehicles. The Commercial Control Team has listed the seizures, a seizure report has been issued, and legal procedures are being completed against the violator.

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The Ministry of Commerce and Industry would like to note to its valued followers that it is not possible to publish the commercial or personal names of violators

Notice

The Ministry of Commerce and Industry would like to note to its valued followers that it is not possible to publish the commercial or personal name of the violators, in compliance with the Ministry of the law, as the legal articles in force in the State of Kuwait do not allow defamation of the name of the violator except by a final court ruling.

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The Ministry of Commerce and Industry has issued a report of commercial fraud for a restaurant

The Ministry of Commerce and Industry has issued a report of commercial fraud for a restaurant in the Salmiya area for using expired foodstuffs in preparing the meals that it provides to consumers.

A large quantity of expired food and packaged meals ready for distribution were seized in cooperation with the General Authority for Food and Nutrition, and a seizure report was issued regarding the violations of the Ministry of Commerce of commercial fraud, the absence of a country of origin, and the failure to list the meat used.
The commercial control team completed the legal procedures against the violator.

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Stores are prohibited from copying the curriculum or model answers to curriculum questions in the form of paper clips (rivets).

Stores are prohibited from practicing and providing photocopying activities and services to print or photocopy the curriculum or the model answers to curriculum questions in the form of paper clips (rivets).

Report violators of the law and participate in the censorship

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Commerce issues a report of seizure of goods in violation of the public order of the state

The Ministry of Commerce and Industry has issued an arrest report for a violation of a shop in a mall in the Salmiya area for displaying and selling goods bearing slogans and symbols violating the public order of the state on a number of accessories and clothing.

The emergency team seized the violating goods and completed the legal procedures against the violator

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The Ministry of Commerce and Industry has issued a report of a violation

The Ministry of Commerce and Industry has issued a report of a violation of one of the central markets in the Al-Rai area for displaying and selling school goods bearing slogans that violate public morals.

The emergency team completed the legal procedures against the violator

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الفرق بين الشكوى والبلاغ

الفرق بين الشكوى والبلاغ
 

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قدم شكواك أو بلاغك في "سهل" وشارك_في_الرقابة

قدم شكواك أو بلاغك في "سهل" وشارك_في_الرقابة
 

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Report violators of the law from butcheries and meat fairs and participate in the monitoring

Report violators of the law from butcheries and meat fairs and participate in the monitoring

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الفئات المستحقة لصرف المواد التموينية:

الفئات المستحقة لصرف المواد التموينية:
 

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Total number of counterfeit oil filters tuned recently

Total number of counterfeit oil filters tuned recently

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Ministry of Commerce closes a car oil factory

The Ministry of Commerce and Industry has implemented a closure against a car oil factory in the Jahra Industrial Area for packing oils that do not conform to standard specifications and distributing them to car oil exchange shops for sale.

The violating factory was seized after a monitoring and verification process, during which samples of oils were examined in the laboratories of the Public Authority for Industry, and after the examination it was proven that they did not conform to the specifications, which causes damage to cars and threatens the safety of consumers.
The trade immediately withdrew the mentioned type of oil from the stores where it was distributed to protect the consumer and to ensure his safety, and legal procedures are being completed against the violating factory.

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Participate in censorship

Dear consumer


Your purchase and dealing with websites and social networking
* Encouraging and addressing traffic law in the authority in which trade law operates
It is difficult to recover your right as a consumer
* Not helping us protect you from commercial fraud

Boycott and report these sites

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The price of hiring domestic workers is 890 dinars, including the ticket route

Dear Consumer - The price of recruiting a domestic worker through the office is 890 dinars, including the ticket - The price of recruiting a domestic worker when the employer presents the labor passport to the office is 390 dinars * This is according to Ministerial Resolution No. 33 issued on February 1, 2021

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MOCI seizes a store that hides counterfeit goods in its store

MOCI seizes a store that hides counterfeit goods in its store

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Cooperative institutions in the price control system:

Cooperative institutions in the price control system:

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How to apply for a new license

How to apply for a new license

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The United States removed the name of Kuwait from the watch list for the protection of intellectual property rights

The United States removed the name of Kuwait from the watch list for the protection of intellectual property rights


The removed came thanks to the increasing efforts of the State of Kuwait to enforce the law against the sale of counterfeit goods and the establishment of the Ministry of Commerce and Industry electronic platforms to manage intellectual property rights and trademarks

- The list is prepared according to an annual report issued by the Office of the US Trade Representative on the effectiveness of the efforts of the trading partners of the United States of America in protecting intellectual property rights and laws

- removed after Kuwait continued to be on the list for the past 25 years

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Warning and Alert


The Ministry of Trade and Industry alerts shops and sales centers to the need to abide by the Ministry of Commerce law, which stipulates the consumer’s right to replace and recover the commodity within 14 days from the date of purchase fixed in the invoice. The law excludes precious commodities such as jewelry, watches, glasses, evening clothes, wedding clothes, things in contact with the skin (swimming clothes and underwear) and perfumes, so the replacement and return period will be within one day with the option of return/ replacement provided in the purchase invoice and In all cases, the commodity should be in its original condition.

The Ministry warns that it will take legal measures against violators of this decision in order to protect consumer rights.

The Ministry of Commerce calls the consumers to not hesitate to file a complaint when they are exposed to such practices, so that we can do the necessary
 

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Ministry of Commerce launches price control system

The Ministry of Commerce and Industry announced the official launch of the price control system through the official website of the Ministry of Commerce and Industry.

The trade confirmed that the system aims primarily to serve consumers and facilitate the shopping process, as the consumer can enter the system to check the prices of basic foodstuffs in cooperative societies, central markets and food centers before leaving the house and without the need to move from one market to another, as he can compare the actual prices For the food commodities displayed in the markets with the prices displayed in the system, which are entered and updated by the cooperative societies, and the Ministry of Commerce follows them up and scrutinizes them on an ongoing basis in accordance with the global effects on prices and the impact of the supply and demand system and to prevent artificial price hikes.

Commerce stated that the price control system will facilitate the work of the inspectors of the Ministry of Commerce, as it will help them in price monitoring and control operations and control violations of the artificial price increase, which is in the interest of the consumer, and the system will help the merchant in determining the prices of goods and commitment to them, which will positively affect the legalization of operations Buying and selling food in general.

Commerce added that the price control system will be continuously updated to display new materials and services and add seasonal foodstuffs.
www.moci.gov.kw

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The Ministry of Commerce and Industry warns anyone who is tempted to exploit the consumer

Warning

The Ministry of Commerce and Industry warns anyone who is tempted to exploit the consumer or artificially raise the prices of goods that it will take legal measures and close the company, establishment or shop immediately without delay.
We would like to note that the Ministry of Commerce's inspection teams are working at full capacity and are deployed in the markets in all governorates of the State of Kuwait to deter such practices.

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Warranty

Dear consumer


The warranty period for a reconditioned (dried) car machine is not less than 90 days, and a used machine is 30 days from the date of its installation shown in the repair shop invoice.

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When purchasing car tires, make sure that the following information is available on the purchase invoice

When purchasing car tires, make sure that the following information is available on the purchase invoice
The invoice must be in Arabic
 Country of manufacture and date of production
The type of tire, its temperature and weight tolerance
Tire size and air gauge
The appropriate speed or maximum speed for its use

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The rumor of registering in the "Sahel" application to disburse the catering to the front rows

rumor

You must register in the "Sahel" application and enter your data in the field of the Ministry of Commerce and Industry to benefit from the free catering to the front rows

Truth

No procedure is required to register to obtain free catering for the front rows of citizens and residents other than activating the civil ID in the application of my identity, and the disbursement is made based on the statements received from the ministries of health and interior

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Frontline supply disbursement - Ministries of Health and Interior

The disbursement will be given to citizens and residents working in the Ministries of Health and Interior according to the data sent by those ministries

Disbursement of basic food items will be in accordance with the established standard quantities In the current supply system : (rice - sugar - lentils powdered milk - vegetable oil - tomato paste - chicken)

The disburesment will continue for a period of six months according to the decision of the honorable Council of Ministers

 

Some halls have been allocated in cooperation with the Ministry of Social Affairs to receive residents and those who do not have a ration card according to the attached table

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صرف تموين الصفوف الأمامية (الصحة-الداخلية) يبدأ من مارس ٢٠٢٢


* سيتم الصرف للمواطنين والمقيمين العاملين في وزارتي الصحة والداخلية.
* الصرف للمستحقين طبقا للبيانات المرسلة من وزارتي الصحة والداخلية.
* سيكون صرف المواد التموينية الأساسية طبقا للكميات المعيارية المعمول بها في نظام التموين الحالي (أرز-سكر-عدس-حليب بودر-زيت نباتي-معجون الطماطم-دجاج)
* سيستمر الصرف لمدة ستة أشهر حسب قرار مجلس الوزراء الموقر.
* تم تخصيص بعض القاعات بالتعاون مع وزارة الشئون الإجتماعية لاستلام الأخوة المقيمين ومن ليس لديه بطاقة تموينية حسب الجدول المرفق.
 

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Importing building materials

The Ministry of Commerce confirms the citizen's eligibility to import building materials outside Kuwait.

* The Ministry is continuing its steps to make it easier for citizens by helping it by creating building materials such as opening a door and displaying a character, which makes it work

* the conditions
National ID
Building Permit
The conformity of the materials to the Gulf specifications

Submit an import request through the electronic portal to extract import requests
eapp.moci.gov.kw

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Minister of Commerce and Industry Fahd Al-Shariaan wins for citizens and begins producing a construction monopoly

Al-Shariaan issued his first ministerial decision to amend the designation of “white insulating bricks” to be “insulating bricks.”

The decision aims to abolish the monopoly of one of the basic subsidized building materials, which will push down its prices and diversify products in the local market

The decision is the beginning of several decisions aimed at reducing the monopoly of building materials and the multiplicity of options for subsidized materials to help citizens proceed with the construction of their homes

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Announcement from the management of joint stock companies

The Joint Stock Companies Administration announces the transfer of inquiries about the dates of the general assemblies to the portal of the automated system for joint stock companies www.stock.moci.gov.kw

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Al-Enezi: "Commerce" receives its auditors through its digital electronic portals

The digital portal for corporate services
inc.moci.gov.kw

Automated trademark registration services
trademark.moci.gov.kw

Precious metals management services portal
gold.moci.gov.kw

Certificate of Origin Services Portal
eco.moci.gov.kw

The digital portal of the Commercial Control Department
ccas.moci.gov.kw

Consumer Protection Portal
cpd.moci.gov.kw

Automated system portal for joint stock companies
stock.moci.gov.kw

Money Laundering and Counter-Terrorism Department Services Portal
aml.moci.gov.kw

Electronic services for managing the commercial registry
ereg.moci.gov.kw

Portal for receiving customer requests electronically (for all other departments)
eapp.moci.gov.kw

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Trade continues to pursue counterfeit goods

As part of its efforts to combat counterfeit goods and commercial fraud, the Ministry of Commerce and Industry seized a commercial store in the Hawalli region for displaying and selling women's bags, accessories and shawls bearing the trademarks of the most famous international companies.
Also, ready-made trademarks were found that the violator puts on the goods to deceive the consumer and make him believe that they are original.
The emergency team has seized the seizures, and legal action will be taken against the violator.

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Commerce seizes an exhibition for selling counterfeit goods

In continuation of its supervisory role and as part of its efforts to combat commercial fraud and counterfeit goods, the Ministry of Commerce and Industry has seized a basement used as an exhibition for the sale of counterfeit goods.
A large amount of perfumes, accessories, bags and leather products have been seized, bearing the brands of the most famous international companies. The emergency team has seized the seizures, and legal action will be taken against the violator.

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The Ministry of Commerce continues its strikes on violators of the law

A short while ago, the Ministry of Commerce and Industry seized a basement used as an exhibition for selling counterfeit goods.
The ministry has seized large quantities of perfumes, bags and leather products bearing the trademarks of the most famous international companies, and the seized quantities are being counted by the emergency team and will be displayed later.

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The Ministry confirms the continuation of receiving auditors in workplaces after sterilization

Dear brothers and sisters, auditors of the Ministry of Trade and Industry,

The Ministry of Commerce would like to inform you of the resumption of work in all sectors and departments of the Ministry, as of tomorrow, Sunday, 9/1/2022.

The Ministry confirms the continuation of receiving auditors in workplaces after sterilization.

We are happy to serve you.

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The Ministry of Commerce seizes a large amount of counterfeit perfumes

In continuation of its supervisory role and as part of its efforts to combat counterfeit goods, the Ministry of Commerce and Industry seized a shop selling perfumes and cosmetics for mixing perfumes, re-installing them and preparing them for sale after writing the brand names of the most famous international companies for the purpose of deceiving the consumer.
The emergency team has seized a large amount of seizures, and legal action will be taken against the violator.

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Dear brothers and sisters, auditors of the Ministry of Trade and Industry

Dear brothers and sisters, auditors of the Ministry of Trade and Industry,

We inform you that despite the infection of some of the Ministry’s employees with the Corona virus, which caused the closure of these departments, the Ministry continues to work to serve you, as the Ministry of Commerce is distinguished by the development of its electronic services system provided to its reviewers, which helps to continue serving you despite the closure. The following are the departments that will be closed tomorrow for sterilization:

Joint stock companies - people companies - commercial registry - real estate - legal studies - cases and contracts - precious metals

The previous administrations apologize for not receiving their auditors tomorrow, but their employees continue to work to serve you remotely through the electronic portal to receive the auditors.

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His Excellency the Minister of Commerce receives His Excellency the Minister of Defense

His Excellency the Minister of Commerce and Industry Fahd Mutlaq Al-Shariaan received this morning the Deputy Prime Minister and Minister of Defense Sheikh Hamad Jaber Al-Ali Al-Sabah in his office at the Ministry of Commerce, who paid a brotherly visit to congratulate the Minister of Commerce on the new position. The Minister of Defense met with the leaders of the Ministry of Commerce during his visit.

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We inform you that the operating system is in all branches of the organization and the disbursement has begun Please contact us in the face of the speed constraint.

We inform you that the operating system is in all branches of the organization and the disbursement has begun
Please contact us in the face of the speed constraint.

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The Ministry seizes a famous soap shop for selling expired pieces

The Ministry of Commerce and Industry seized a famous soap shop that has several branches and holds a sales license for selling expired soap bars and other parts that do not have an expiration date.
The trade has suspended the downloads license and the company has been violated and referred to the competent authorities.

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The Ministry of Commerce seizes a large amount of counterfeit accessories

As part of the efforts of the Ministry of Commerce and Industry to combat counterfeit goods, the Ministry has seized a store for displaying and selling a large amount of counterfeit trademark accessories of the most famous international companies.
The emergency team has seized the seizures, and legal action will be taken against violators.

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Dear merchant Selling counterfeit goods = closing your shop and referring you to the judicial authorities

Dear merchant

Selling counterfeit goods = closing your shop and referring you to the judicial authorities

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The Ministry of Commerce seizes a store that manufactures counterfeit clothes

The Ministry of Commerce and Industry seized a shop in the Salmiya area. The violator used the shop to manufacture and prepare counterfeit clothes for the purpose of distributing them for sale in the local market, as he prepares them on demand and puts logos on the most famous brands on them.
A printing machine, a set of logos for the most famous international companies, and a large amount of ready-to-manufacture garments were found.
The emergency team has seized the seized goods, and legal measures will be taken against violators

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The Ministry of Commerce seizes a store of counterfeit smartphone accessories

As part of the efforts of the Ministry of Commerce and Industry to prevent the sale and promotion of counterfeit products in the country, Al-Siddiq's emergency team seized a store in one of the Hawalli Governorate areas containing 456 counterfeit products for smart phone accessories.
Legal procedures are being completed against the violators

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The Ministry of Commerce seizes a large amount of counterfeit vehicle oils

Within the framework of the efforts of the Ministry of Commerce and Industry to prevent the sale and promotion of counterfeit products in the country, the Commerce, in cooperation with several competent authorities, has seized a large amount of counterfeit vehicle oils for brands belonging to international companies.
The violators used different commercial vehicle oils and placed labels belonging to the trademarks of international companies in order to deceive the consumer.
The seizure was made after an effort, follow-up and scrutiny that extended for several months, which resulted in the arrest of the violators, and legal measures will be taken against them.

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Notice regarding the circulating video

With regard to the video circulating about a restaurant limiting the sale of discounted meals to expatriate brothers only, the Ministry of Commerce and Industry would like to point out that after verification and the emergency team’s transfer to the aforementioned restaurant, it was found that what was raised is not true and that the aforementioned offer is available to all categories of consumers without exception.

The Ministry affirms its keenness to implement laws and regulations to protect consumers and calls upon its valued followers to inform us immediately when you are exposed to such a situation so that the Ministry can take the necessary action.

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Notice

With regard to the circulating video, the Ministry of Commerce would like to note that, according to the decisions of the esteemed Council of Ministers, the export of any subsidized material is not allowed until after the value of the subsidy has been recovered from the issuing authority.
And the food products of the Kuwait Flour Mills and Bakeries Company shown in the video, the value of the subsidy has been recovered from them and they are offered at the international price unless there are special offers for them.

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Dr. Abdullah Al-Salman receives the Ambassador of the Republic of Turkey

Dr. Abdullah Al-Salman receives the Ambassador of the Republic of Turkey

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Dr. Abdullah Al-Salman receives the Minister of International Trade of the United Kingdom

Dr. Abdullah Al-Salman receives the Minister of International Trade of the United Kingdom

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Launching the service of issuing electronic certificates of origin for the Kuwaiti product

Launching the service of issuing electronic certificates of origin for the Kuwaiti product

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Launching the service of submitting electronic licenses for temporary trade fairs

Launching the service of submitting electronic licenses for temporary trade fairs

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announcement

The Ministry of Commerce and Industry would like to announce to its valued auditors that it will stop receiving requests for company amendments through the electronic portal to receive requests from auditors, starting from Wednesday 20/1/2021 until dawn on Sunday 24/1/2021 in order to update the electronic systems to serve you better.

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The Ministry of Commerce and Industry extends its warmest congratulations and blessings to His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, on the occasion of the first anniversary of His Highness's accession to the reins of government.

The Ministry of Commerce and Industry extends its warmest congratulations and blessings to His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah,  on the occasion of the first anniversary of His Highness's accession to the reins of government.

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Undersecretary of the Ministry of Commerce receives a delegation from the UAE Department of Economic Development

Undersecretary of the Ministry of Commerce receives a delegation from the UAE Department of Economic Development

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Warning and disclaimer

The Ministry of Commerce and Industry warns against infringing or violating any of the trademarks owned by others and registered with the Ministry, whether by forgery, imitation, or in any way.
The Ministry also calls upon shops not to exploit the trade name and use it as a trademark. Note that the Ministry will take legal measures against violators by referring the violator to the Commercial Prosecution with immediate closure of the store.

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Expenditure of 13.7 million dinars on subsidizing food and construction materials in May 2021

 Expenditure of 13.7 million dinars on subsidizing food and construction materials in May 2021

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Collection of 256 thousand dinars for marking 7.3 tons of precious metals in May 2021

Collection of 256 thousand dinars for marking 7.3 tons of precious metals in May 2021

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you have the right

you have the right

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The Minister of Commerce issues a decree banning the export of some construction materials

The Minister of Commerce issues a decree banning the export of some construction materials

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Tightening commercial control over the prices of building materials

Tightening commercial control over the prices of building materials

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Refer one of the building materials stores to the Commercial Prosecution

Refer one of the building materials stores to the Commercial Prosecution

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Notice to close the section on corporate management in Al-Siddiq Center

Notice to close the section on corporate management in Al-Siddiq Center

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Spending 14.7 million dinars to support food and construction materials last April

Spending 14.7 million dinars to support food and construction materials last April

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The Minister of Commerce inspects the equipment for the urgent relief campaign to the Republic of India

The Minister of Commerce inspects the equipment for the urgent relief campaign to the Republic of India

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Spending 11.5 million dinars to support food and construction materials last March

Spending 11.5 million dinars to support food and construction materials last March

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Determine the working hours for the telephone service for reserving shopping appointments for associations and supermarkets for the elderly and people with special needs

Determine the working hours for the telephone service for reserving shopping appointments for associations and supermarkets for the elderly and people with special needs

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Dates to reserve shopping times in cooperative societies and supermarkets during the period of partial ban in Ramadan

Dates to reserve shopping times in cooperative societies and supermarkets during the period of partial ban in Ramadan

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Exercising transparency and integrity in supporting small and medium-sized enterprises that enhance the national economy and contribute to its development and growth.

Exercising transparency and integrity in supporting small and medium-sized enterprises that enhance the national economy and contribute to its development and growth.
For Kuwait, let's support small projects with integrity

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The immediate renewal of the ration card without the need to go to the ministry # became simpler

The immediate renewal of the ration card without the need to go to the ministry # became simpler

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Automate the temporary import license for persons 100% automatically and immediately

Automate the temporary import license for persons 100% automatically and immediately

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Allocating Switch 137 to book appointments for cooperative societies for the elderly and people with special needs

Allocating Switch 137 to book appointments for cooperative societies for the elderly and people with special needs

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The launch of the system for booking shopping appointments in the cooperative societies from 5-10 pm

The launch of the system for booking shopping appointments in the cooperative societies from 5-10 pm

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235thousand dinars were fees for marking 3.3 tons of precious metals last January

235thousand dinars were fees for marking 3.3 tons of precious metals last January

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Adding 5 commercial activities to the unified directory of economic activities

Adding 5 commercial activities to the unified directory of economic activities

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Steps for filing a trademark for companies

Steps for filing a trademark for companies

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Steps for filing a trademark for individuals

Steps for filing a trademark for individuals

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Fixing the maximum prices for imported fish in all shopping centers and outlets

Fixing the maximum prices for imported fish in all shopping centers and outlets

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Renewal of the judicial seizure status of 170 Ministry employees

Renewal of the judicial seizure status of 170 Ministry employees

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Banning the export or re-export of sheep and goats

Banning the export or re-export of sheep and goats

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Spending 14.4 million dinars to support food and construction materials last January

Spending 14.4 million dinars to support food and construction materials last January

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18,500 trademark filing and registration applications received for 2020

18,500 trademark filing and registration applications received for 2020

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Reporting complaints of price increase

Reporting complaints of price increase

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Reducing the maximum price for recruiting domestic workers to 890 dinars

Reducing the maximum price for recruiting domestic workers to 890 dinars

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A decision banning the sale and export of locally grown wood

 

A decision banning the sale and export of locally grown wood

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Statistics of the Anti-Money Laundering Department for the past year

 

Statistics of the Anti-Money Laundering Department for the past year

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Banning the import of modified sports exhaust systems

Banning the import of modified sports exhaust systems

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Register for Haweti application and activate the authentication feature

 Register for Haweti application and activate the authentication feature

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The Minister of Commerce forms the permanent technical committee to set the accounting rules and audit evidence

أصدر وزير التجارة والصناعة وزير الدولة للشؤون الاقتصادية فيصل المدلج قرارا بتشكيل "اللجنة الفنية الدائمة لوضع القواعد المحاسبية وأدلة التدقيق" برئاسة الوكيل المساعد لشؤون الشركات والتراخيص التجارية في وزارة التجارة والصناعة.

 

وحددت المادة الثانية من القرار أربع مهام للجنة هي وضع قواعد شرف المهنة الواجب الالتزام بها في ممارسة مهنة مراقبة الحسابات، وتحديد الحد الأدنى من البيانات التي تظهر في القوائم المالية الواجبة النشر، بالإضافة إلى إعادة النظر بصورة دورية في القواعد والأسس المحاسبية، وإجراء البحوث والدراسات لتطوير مهمة مراقبة الحسابات.

 

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“Trade” and “Manpower”: The work was followed by the decision of prices for the recruitment of domestic workers without change and Law No. 68/2015 regarding the obligations of the owner of the recruitment office

“Trade” and “Manpower”: The work was followed by the decision of prices for the recruitment of domestic workers without change and Law No. 68/2015 regarding the obligations of the owner of the recruitment office

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It issued 146 precautionary measures to combat money laundering last December

قالت وزارة التجارة والصناعة، إن إدارة مكافحة غسل الأموال وتمويل الإرهاب التابعة لها أصدرت 146 تدبيرا احترازيا على الشركات المخالفة الخاضعة لأحكام القانون رقم (106) لسنة 2013 في يوليو الماضي.

وأضافت الوزارة، في بيان صحافي ، أن التدابير تضمنت توجيه إنذارات كتابية لـ88 شركة عقارية و4 شركات صرافة و29 شركة مجوهرات و10 شركات تأمين.

وأوضحت أن التدابير تضمنت أيضاً أمراً بإلزام شركتي عقارات وشركة صرافة وأربع شركات مجوهرات باتباع إجراءات محددة لتتوافق مع القانون والابتعاد عن المخالفات.
وأشارت إلى إيقاف نشاط شركتي عقار ومجوهرات وإيقاف الرقم المدني لشركتي عقار ومجوهرات.
وذكرت أن إدارة مكافحة غسل الأموال وتمويل الإرهاب استكملت إجراءتها قبل اتخاذ الإدارات المختصة في الوزارة إجراءات الترخيص لنحو 28 طلب تأسيس خلال الشهر ذاته منها 18 شركة عقارية و10 شركات مجوهرات.

ولفتت إلى أن "مكافحة غسل الأموال" قامت بتحديث بيانات 71 ترخيصاً موزعة على 52 شركة عقارية و16 شركة مجوهرات و3 شركات تأمين.
وأضافت أن الإدارة اعتمدت تأكيد بيانات 64 مراقباً لـ 34 شركة عقارية، و21 شركة مجوهرات وشركتي صرافة و4 شركات تأمين و3 شركات مزادات.
و قالت الوزارة في ذات البيان أن (مكافحة غسل الأموال) قامت بالتدقيق ميدانياً على 64 شركةنتهل 16 عقارية و14 صرافة و30 مجوهرات و4 تأمين.
 

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1,317licenses were issued to companies, last December

أعلنت وزارة التجارة والصناعة عن إصدار 1317 ترخيصا لشركات الأشخاص والحرة متناهية الصغر والمركبات المتنقلة خلال ديسمبر الماضي، حيث أصدرت تراخيص لـ 25 شركة حرة متناهية الصغر، و44 للمركبات المتنقلة، و1248 لشركات الأشخاص.

وأوضحت «التجارة» في بيان صحافي، أنها اعتمدت 10 طلبات تأسيس الشركات والتراخيص الحرة متناهية الصغر، فيما رفضت 30، مبينة أنه جار تأسيس 5، وتم تأسيس 5، لافتة إلى تلقي 53 طلب ترخيص شركة حرة متناهية الصغر، جرى إصدار 25 ترخيصا منها، و جار إصدار 28 أخرى.

وعن المركبات المتنقلة أوضحت الوزارة أن إجمالي طلبات التأسيس المسجلة في ديسمبر الماضي، بلغ 299 طلبات اعتمدت منها 219 طلبا، لافتة إلى أن الطلبات المعتمدة بعد المراجعة بلغت 225، جار تأسيس 183 منها، وتم تأسيس 32، فيما ألغي 10.

وأشارت إلى تلقي 126 طلبا للترخيص لمركبات متنقلة أصدرت منها 44 ترخيصا، وجار إصدار الـ 82 الأخرى.
وحول شركات الأشخاص، أعلنت الوزارة تلقيها 3088 طلبا للتأسيس، اعتمدت منها 1824 طلبا، موضحة أنه تم تأسيس 617 وجار تأسيس 1135، والملغى 107، مشيرة إلى أن طلبات الترخيص المقدمة بلغ عددها 2093، المصدرة منها 1248، وجار إصدار 702.

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3760trademark applications last December

«التجارة»: تتلقى 3760 طلب إيداع علامة تجارية في ديسمبر الماضي





أعلنت وزارة التجارة والصناعة تلقي إدارة العلامات التجارية وبراءة الاختراع لديها 3760 طلب إيداع علامة تجارية عبر البوابة الإلكترونية خلال ديسمبر الماضي.



وقالت «التجارة» في بيان صحافي إنها أنجزت 1191 معاملة طلب تسجيل علامة تجارية و1510 معاملة نشر علامة تجارية و1059معاملة لتسجيل علامة تجارية وإصدار شهادات لها.

وأضافت أنها أنجزت 1132 معاملة تجديد العلامات التجارية و379 طلب تأشير بتغيير عنوان واسم مالك العلامة ونقل ملكيتها وشطب تسجيلها وتغيير اسم وكيل التسجيل.

وأوضحت «التجارة» أنها أنجزت 1515 معاملة نشر التأشيرات منها 1132 نشر تجديد العلامة التجارية و380 تعديل اسم أو تغيير عنوان و3 تعديل شكل العلامة، إضافة إلى تلقيها 38 طلب معارضة على تسجيل علامة تجارية، وتسجيلها تظلما واحدا من قرار رفض العلامة.
وذكرت أنها حصلت رسوما عن جميع المعاملات السابقة 714 ألف دينار كويتي.

وكشفت أيضا عن تحصيل 6659 دينارا رسوما لبراءات الاختراع، موزعة على 3200 دينار عن تجديد براءات الاختراع، و3040 دينارا عن ايداع براءات الـpct، و419 دينارا عن إيداع وتسجيل وفحص وتعديل نماذج صناعية وبراءات اختراع.

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Allowing the value of subsidized optional materials to be substituted by increasing the amount of iron, concrete or conditioning

Allowing the value of subsidized optional materials to be substituted by increasing the amount of iron, concrete or conditioning

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The Ministry has started a service to measure customer satisfaction with the services provided by evaluating the electronic services of its portals

The Ministry of Commerce and Industry started the service of measuring customer satisfaction with the services it provides by evaluating the transaction service electronically for its portals, in order to ensure the continuous development of the services provided by the ministry and to work on their continuation in the best possible way.

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The closure of 72 shops violated the law

علنت وزارة التجارة والصناعة إغلاق 72 محلاً تجاريا لمخالفتها القانون رقم 10 /1979 والمتعلق بالإشراف على السلع والخدمات المذكورة بعد ضبط عدد من المحال تخالف القانون.



وقالت "التجارة" في بيان صحفي، ان المخالفات المرتكبة تنوعت مابين الغش التجاري والسلع المقلدة وعمليات الغش في العلامات التجارية بالاضافة الى مخالفة نشاط الترخيص .

اضافت، ان الاغلاقات جاءت بناء على توصيات لجان المخالفات، مشددة على ان فرقها التفتيشة باشرت الاغلاقات على الفور.
واشارت الى أن الاغلاق شمل عدد من محلات الخضار والفواكه و مطاعم وملاحم و محلات المسمكة بالاضافة الى محلات بيع الملابس الجاهزة والأحذية و محلات الكهرباء والسيارات بالاضافة إلى عدد من الأسواق المركزي الموازية ومحلات اخرى
وأكدت" التجارة " مواصلة حملاتها التفتيشية ورقابتها التجارية لضبط السوق ومنع بيع أي سلعة من شأنها أن تضر المستهلك وحرصها على تطبيق القوانين المتعلقة بسمعة دولة الكويت.

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Refer the concerned administration responsible for raising the ISIC4 international classification for activities via the ministry's website for investigation

Refer the concerned administration responsible for raising the ISIC4 international classification for activities via the ministry's website for investigation

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Non-oil exports increased by 25.6% last November

Non-oil exports increased by 25.6% last November

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Spending 12.3 million dinars to support food and construction materials last November

Spending 12.3 million dinars to support food and construction materials last November

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The outcome of the regulations issued by the Ministry: 12 regulations were issued in 4 years

The outcome of the regulations issued by the Ministry: 12 regulations were issued in 4 years

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The launch of the procedural guide for the services of the Ministry of Commerce and Industry

The launch of the procedural guide for the services of the Ministry of Commerce and Industry

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Converting procedures to electronic in 78% of operations and creating new ones during the past 4 years

Converting procedures to electronic in 78% of operations and creating new ones during the past 4 years

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Adding 4 activities to the unified guide for Gulf classification

Adding 4 activities to the unified guide for Gulf classification

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1160 licenses were issued for companies through the Single Window last October

1160 licenses were issued for companies through the Single Window last October

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Issuing a bylaw regulating the practice of real estate brokerage

Issuing a bylaw regulating the practice of real estate brokerage

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marked up 3.3 tons of precious metals and collected 203 thousand dinars in fees for it last September

marked up 3.3 tons of precious metals and collected 203 thousand dinars in fees for it last September

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