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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## New Payment Regulations Kuwait has introduced a regulation prohibiting cash payments over KD10 at private healthcare facilities. This measure requires transactions exceeding this amount to be conducted through approved electronic and banking systems.
## Implementation and Compliance The regulation, effective immediately, applies to all private healthcare providers licensed by the Ministry of Health, including hospitals, clinics, and home healthcare services. These facilities must adhere to the guidelines set by the Central Bank of Kuwait for electronic payments.
## Penalties for Non-Compliance Facilities that violate these new rules face closure and legal action. They will be subject to penalties under Decree Law No. 10 of 1979 and may be referred to investigation authorities for further action.
## Objective of the Regulation This initiative is part of Kuwait's broader strategy to enhance financial oversight in the healthcare sector and promote the use of regulated electronic payment systems.
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