The State of Kuwait is in the Middle East, bordering the Persian Gulf, between Iraq and Saudi Arabia. In Kuwait, company registration is managed by the Ministry of Commerce and Industry. Common company types include the Closed Shareholding Company (KSCC) and the Limited Liability Company (LLC) or شركة ذات مسؤولية محدودة (Shirket Dhati Mas'ooliyah Mahdoodah), with businesses primarily concentrated in sectors such as oil and gas, finance, and construction.