Company formation services in Kuwait

1. Company formation services in Kuwait Over the years, Kuwait has emerged as one of the top class destinations in the field of Trade and Commerce. The development of various new enterprises and businesses have created numerous economic as well as business opportunities which help to ensure all round development of the economy. There has also been a substantial rise in demand for effective company formation service in Kuwait which helps various entrepreneurs and businesses in developing their business ideas. HOW CAN ONE COMPANY FORMATION SERVICE IN KUWAIT? This is a common question that always alerts the mind of an entrepreneur looking to develop their own business in Kuwait. Some of the steps that are initiated for the formation of a Business or Enterprise in Kuwait are as follows The Company has to be initially registered at the Ministry of Commerce and Industry (MOCI) for  attestation of documents. A unique name has to be reserved for the Company which helps to add a sense of exclusivity.  The letter addressed to the Bank will then have to be received from the Department of  Companies and an initial capital amount has to be deposited. The next step involves notarizing the Memorandum of Association before the Notary Public.  The documents are then submitted to the Kuwait Chamber of Commerce and Industry after  which a Commercial license is issued.