Modifications In The Regulations For Power Of Attorneys In Kuwait
The Kuwait Government Ministry of Trade and Economy (the Ministry) issued a statement which outlines that newly introduced regulations with regards to power of attorney (PoA). These regulations have come into effect on 5 April 2019.
There were several rounds of discussions which took place amongst various shareholders, where the Ministry finally amended the terms as follows:
Late filing of the PoA within one month from the date of filing Softcopy of the PoA mandatory for filing A single PoA will suffice for filing various applications which belong to the same applicants The PoA will...
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