Country pack
communityKuwait
Ekwo is free, open source accounting software. Its Kuwait pack carries the chart of accounts (Kuwait reference chart of accounts, 113 accounts), 1 tax rates in KWD, and the financial statements (Statement of financial position — full IFRS Accounting Standards, Income statement — full IFRS Accounting Standards). Last checked on 2026-10-10 against 5 texts of law and official sources.
- Country code
KW- Currency
KWD- Pack version
0.1.0- Last checked
- 2026-10-10
What the pack carries
- Charts of accountsWhat a company installs, and who each chart is published for.
default(default) — 113 accounts, for companies
- TaxesHow many the pack carries, at which distinct rates, and which treatments it can express.
- 2 taxes at rates of 0
not_subject - Periodic declarationThe form the accounts are read into, the cadences it is filed on, and how many boxes it has.
- no periodic return declared
- When it is dueA rule of the country, not a date. A pack that cannot state its rule states nothing.
- no declaration to be due
- The file it is deposited asThe brick of packages/formats that writes it, where one exists.
- no declaration to deposit
- Electronic invoicingThe profile the country imposes, the day it starts, and the text that imposes it.
- no profile — no obligation in law
No Kuwaiti text this pack could open obliges a business to issue or accept an electronic invoice, and no Peppol Authority is listed for Kuwait (OpenPeppol list of Peppol Authorities, not re-opened on 2026-10-10: this rests on the pack's earlier research and should be re-checked). With no value added tax there is no tax invoice for a mandate to attach to. `profile`, `party_scheme` and `vat_scheme` are therefore null.
- Where the tax balance landsThe accounts a filed declaration settles to, by role.
- payable no account named
- receivable no account named
- Bank statementsThe formats this country’s banks send, and whether anything here reads them.
- no format named
- Payment filesThe formats the country’s banks accept for an outgoing payment.
- no format named
- Financial statementsThe schemes the chart reports on, and the taxonomy their keys are written against.
KW-IFRS-SFP— 22 linesKW-IFRS-IS— 7 lines
- Who has read itA pack is reviewed when a named professional has read it against the law, and never before.
communityno named reviewer5 sources cited- Last checked against the lawThe most recent day somebody opened one of the texts the pack was built from.
- 2026-10-10
- Pack versionWhat this pack calls itself, the day it says its transcription is true, and the languages it publishes.
0.1.0— published 2026-10-10ar,en
Free, and operated
Where the open core stops.
The line is operational, not functional. Everything that keeps working on its own is open core; what needs credentials, a certificate or a channel somebody keeps running is the hosted edition.
What it was built from
5 sources — the law this pack was read against
- Commercial Law, Decree-Law No. 68 of 1980 (Arabic text, articles 31 and 32 on keeping the books and correspondence)
Laws of Kuwait (lawskw.com), reproducing the Official Gazette text · law · read 2026-10-10
- IFRS Standards — Application Around the World, Jurisdictional Profile: Kuwait (last updated 16 June 2016; cites Ministerial Decree No. 18 of 1990 as amended by No. 101 of 2008)
IFRS Foundation · guidance · read 2026-10-10
- Domestic Minimum Top-up Tax — Executive Regulations (Decree-Law No. 157 of 2024; Ministerial Decision No. 55 of 2025)
KPMG Kuwait (secondary source: the Ministry of Finance site could not be opened) · guidance · read 2026-10-10
- Kuwait keeps VAT off the table: no adoption in the 2026-2030 fiscal plan
VATupdate (secondary source: no official statement could be opened) · guidance · read 2026-10-10
- Tax Services System (TCRS) — Ministry of Finance, Tax Department
Ministry of Finance of Kuwait · portal · read 2026-10-10
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