The Kuwait Ministry of Finance recently issued Circular No. 8 of 2023 which concerns the 5 tax retention withheld on companies enjoying tax incentives as per the Kuwait Direct Investment Promotion Authority ( s regulations K Entities K Entities are now eligible to reclaim 80 of amounts retained by their customers (i e 4 out of the 5 withheld) by simply submitting the required documentation to the Department of Inspection and Tax Claims K Entities may reclaim the remaining 20 %(i.e. the remaining 1% out of the 5%) of retained amounts after the company completes the standard process of undergoing the tax inspection process, obtaining a tax assessment and obtaining a retention release letter