What are payroll taxes in Kuwait?

Personal income tax – no. Social security contributions due by an employer and an employer The most important change is a substantial reduction in the income tax rate on net profits of foreign entities doing business in Kuwait. The new tax law stipulate a flat rate of 15% instead of the current rate, a range of 5% to 55%, depends on the earnings above KD.5,250/-. The 15% tax will be levied on the income of any entity carrying on a trade or business in Kuwait, regardless of where the company is incorporated. The new flat tax rate will result in a significant decrease in the tax liability of such foreign entities.