Tag: Kuwait

  • Top 10 Countries with Zero Income Tax: A Haven for Expatriates and Investors

    Top 10 Countries with Zero Income Tax: A Haven for Expatriates and Investors

    For many high-net-worth individuals, entrepreneurs, and retirees, the appeal of relocating to a country with zero income tax is substantial. Such locations offer not only potential financial benefits but also the opportunity to enjoy different lifestyles and climates. Here’s a roundup of the top 10 countries where people can live without paying income tax, making…

  • Annual Mandatory Exercise for The SWIFT CSCF Compliance Assessment

    Annual Mandatory Exercise for The SWIFT CSCF Compliance Assessment

    KUWAIT CITY, STATE OF KUWAIT, November 24, 2021 /EINPresswire.com/ — Baker Tilly Kuwait launched SWIFT CSCF Compliance Assessment for all SWIFT users as mandated by The Society for Worldwide Interbank Financial Telecommunication (SWIFT). Furthermore, as per the Cybersecurity Framework for Kuwaiti Banking Sector, Control No. 4.5.2, item (d), the Central Bank of Kuwait requires Regulated Entities to comply with…