Module: PYKW | Molga: 99 | Currency: KWD | Region: GCC
Field | Detail |
Statutory | PIFSS (7.5% EE + 11% ER), Kuwaitization quota, 13 Public Holidays |
Tax | No Personal Income Tax |
Key Feature | PIFSS Pension & Kuwaitization |
Pay Frequency | Monthly |
Banks | NBK, KFH, Gulf Bank, Burgan Bank |
Country-Specific Chapter Highlights
Chapter 2: Personnel Areas: KW01=Kuwait City, KW02=Hawalli, KW03=Ahmadi; Kuwaitization % tracking; GCC nationals vs non-GCC wage type differentiation
Chapter 4: PIFSS ceiling: KWD 2,750/month; civil service vs private sector pension rates differ; Thursday/Friday weekend in public sector (Friday/Saturday in private)
Chapter 5.5: PIFSS Form 103: monthly contribution declaration; Kuwait Ministry of Social Affairs levy; End of Service indemnity: 15 days/year (1-5 years), 30 days/year (5+ years); Private sector must pay via bank transfer
Chapter 6: KWD has 3 decimal places — verify AED-equivalent formatting does not apply; PIFSS portal integration test