Legal and Compliance
The Legal and Compliance Department's main objective is to protect KIA as a legal entity in accordance with the applicable law. For example, the Department monitors corporate action and ensures that contracts and other commercial agreements and other investment-related legal instruments are in conformity with its charter and the applicable law. In particular, the Department assists in the preparation of and in negotiations with third parties in bilateral agreements between Kuwait and other countries for the Encouragement and Reciprocal Protection of Investments and for the Avoidance of Double Taxation Agreements. The Legal & Compliance Department gives advice to all investment Departments from a pure legal point of view. It also involves in settling all challenges facing all concerned Departments and KIA as a whole.