Compliance in Kenya for Start-ups
Starting a business in Kenya, like in any other country, requires careful attention to legal and regulatory compliance. Here are five key things that startups in Kenya need to be aware of to ensure compliance
Tax Amnesty Guideline
The Finance Act 2023 introduced a tax amnesty, detailed in Section 37E of the Tax Procedures Act, 2015, focused on providing relief from interest and penalties on tax debt.
Adopting Transfer Pricing in Kenya
In Kenya, like in many other countries, adopting transfer pricing practices is essential for multinational corporations to navigate the complex international tax landscape effectively.
Why Transfer pricing is important
Explore the importance of transfer pricing in international business and taxation, focusing on tax optimization, legal compliance, risk mitigation, financial performance, and global strategy.
The NHIF Amendment Act
The NHIF Amendment Act, 2022, received approval from the Kenyan Parliament on December 21, 2021, and was subsequently signed into law by the former President on January 10, 2022.
Recovery of July 2023 Housing Levy & PAYE
Let’s explore the Affordable Housing Levy, a mandatory contribution that both employers and employees must make each month.
Effects of the implementation of Finance bill on Employees & Companies
The proposed Bill seeks to introduce significant changes to Personal Income Tax.
Understanding Taxes and Levies and how they impact your finances in Kenya
Taxes and levies are fundamental elements of the financial landscape in Kenya. They play a significant role in government revenue generation, public service provision, and infrastructure development.
Case Study: How Safaricom Successfully Navigated the Complex World of Taxes and Levies
Safaricom is a leading telecommunications company in Kenya. It has been operating in Kenya for over 20 years and has grown to become one of the largest and most successful companies in the country.
Captivating highlights to note of the finance bill 2023
Taxation of branches/permanent establishments – The proposed reduction of the non-resident corporate tax rate from 37.5% to 30% from January 2024 is a welcome move for companies operating in Kenya.