One record.Three layers.Every fils.
Raise an invoice in KWD to three decimals and KyDec moves the stock and writes the books from that same record — with bilingual Arabic–English print and the 5% contract retention kept in plain sight until it’s released.
No VAT here.
Plenty that still counts.
Kuwait has no VAT and no e-invoicing mandate. What does apply is profit-based tax, a 5% hold-back on contract payments, and a currency that runs to three decimals. Here is the spec, as it stands in October 2026.
Kuwait, in one table
Who pays what on net profit
15% corporate income tax applies to foreign companies’ Kuwait-source profits. Kuwaiti companies pay Zakat (1%), NLST (2.5%, listed companies) and KFAS (1%) instead. MNE groups with €750m+ revenue face a 15% Domestic Minimum Top-up Tax (Law 157/2024) from 2025.
No withholding tax — but whoever pays a contract must hold back 5% of each payment until the supplier shows a Ministry of Finance tax clearance certificate.
Seller & CR number
Your legal name, address and Commercial Registration number, set once and printed every time.
Buyer, number, date
Customer name and address, a unique number from your own series, and the issue date.
Arabic beside English
Bilingual print with a right-to-left mode for Arabic. The app itself is in English.
INVOICE
Shuwaikh Industrial, Kuwait · CR 000000
| Description | Qty | Unit KWD | Amount |
|---|---|---|---|
| Cable tray 300 mm | 120 m | 4.750 | 570.000 |
| Junction box IP65 | 85 | 2.375 | 201.875 |
| Installation, Block 4 | 1 lot | 1,250.000 | 1,250.000 |
Description, qty, price
Line items from your product list, with units and stock pulled from the warehouse.
KWD to three decimals
Every amount and the total payable in fils precision — never rounded to two.
Contract reference
Carry the contract number on the invoice so the 5% retention can be traced back to it.
Enter it once.
It shows up everywhere it should.
A document in KyDec is not a form that gets copied into other systems later. Saving it is what updates your books, your stock and your contract balances, at the same moment.
Sales invoice
INV-2026-0418 · KWD 2,021.875Vendor bill
Photographed · AI OCR draftStock transfer
Shuwaikh WH-1 → WH-2databaseWritten once
Ledgers & P&L
Dr = Cr, posted on saveStock valuation
Per warehouse, at cost5% retention & ageing
Open balance per contractYear-end profit base
For CIT · Zakat · NLST · KFASEverything the business runs on.
One login.
For a trading house in Shuwaikh, a contractor working on retention, or a clinic group with three entities — the parts below share one database and one set of numbers.
Sales & invoicing
11 templatesQuotes, proformas, orders, invoices, credit notes, delivery notes, receipts, recurring invoices and reminders — in your own numbering series.
Purchases & expenses
ApprovalsPurchase orders, RFQs, vendor bills, expenses and payouts, with multi-stage approvals and vendor onboarding.
Accounting
Voucher booksTrue double entry from the document that caused it: ledgers, day book, trial balance, P&L, balance sheet, cash flow.
Banking
MatchingImport bank statements and reconcile with suggested matches — KNET settlements, transfers and cheques included.
Inventory
Multi-warehouseBatch, serial and expiry tracking, transfers, reorder and overstock alerts, product-wise P&L.
CRM, leads & greetings
PipelinesPipelines, lead forms, follow-ups and meetings on the same customer records — plus branded Eid and New Year greetings.
Reports
35+Ageing, outstanding, payments, line items, client retention, project P&L and tag-wise — tag a contract, follow it end to end.
Currency & tax engine
KWD 3 dpMulti-currency at the day’s rate. No tax line by default in Kuwait; VAT, generic or custom tax types if you ever need them.
Multi-business & team
Per-entity booksSeveral companies under one login, each with its own books. Roles, permissions and who-sees-what.
Payroll & HRMS
Coming soonIn development. Not available today.
How Kuwait pays
KNET, WAMD, transfers and cheques aren’t connected — record them as receipts and they match in bank reconciliation. Card payment links are not offered in Kuwait yet.
Connects to the tools you already use
WhatsApp Business
Send documents and remindersLead forms on your website
Leads land in the CRMGoogle Calendar
Meetings from the CRMInvoices API
Create invoices from your own systemsEmails from your own domain
Your address, not oursCustom labels & fields
On your documentsAI that does the
tedious measuring.
Four built-in tools that read, match, warn and answer — and you check everything before it is saved.
Photograph a bill, get a draft
AI OCR reads a supplier bill — lines, quantities, totals — and fills in the vendor bill for you to check.
Reads your bank statements
Upload a statement, even a scanned PDF. Each line is read and matched to its invoice or bill.
Late payers and low stock, early
Overdue invoices get reminders on the schedule you set, and items below their reorder level raise an alert.
Ask in plain words
Type a question the way you’d ask your accountant, and get the list or the figure back.
Safe to rely on.
Easy to move in.
Your books stay safe, and moving over takes about a month — with us sitting beside your accountant for the first month-end.
Roles and permissions
Each person sees only what their role allows, down to their own records.
Nightly backups
Backed up every night and kept for 14 days.
Encrypted, exportable
Encrypted in transit. Hosted in India; export any list or report any time.
We take your dataFrom Excel, Tally or other software
Your formatsBilingual invoice, numbering, CR no.
Team trainingAbout an hour, for each team
First month-endWe sit through it with you
Asked by Kuwaiti
owners and accountants.
Q1Kuwait has no VAT. Why does my accounting software need to be strict?
Because profit is what’s taxed here — 15% corporate tax for foreign companies, or Zakat, NLST and KFAS for Kuwaiti ones. All are worked out from net profit, so a P&L built from real double-entry records is what your accountant needs at year-end.
Q2Does KyDec handle the 5% retention?
KyDec records part-payments against an invoice, so when a client pays 95% the other 5% stays open in ageing and outstanding reports, traceable to the contract. The same works for your own vendor bills. The tax clearance certificate itself comes from the Ministry of Finance.
Q3Can invoices be printed in Arabic?
Yes. Printed documents support Arabic script and a right-to-left mode that mirrors the whole layout, so bilingual Arabic–English invoices are straightforward. The app screens are in English.
Q4What happens if Kuwait introduces VAT?
No VAT law exists today, so your invoices carry no tax line. The tax engine already supports VAT as a tax type with per-line rates, so if a law is passed you won’t need new software to add it.
Q5Can my customers pay with KNET?
Not through KyDec directly, and card payment links are not offered in Kuwait yet. KNET, WAMD, transfers and cheques are recorded as receipts and matched when you reconcile the bank statement.
Q6Where is my data kept?
KyDec is hosted in India, encrypted in transit and backed up nightly. You can export any list or report whenever you like.
Draw your first invoice
in KWD today.
Start on Basic — free, no card needed. Human support on every plan, by chat, email and phone.