Securities Transfers Tax
Capital Gains Tax(CGT) was re-introduced in Kenya effective 1 January 2015 , consequently, any gain on transfer of property, including shares, is now subject to CGT at the rate of 5%. However, its re-introduction has adversely affected some key sectors in the ...
Read MoreSpecial Economic Zones Act
The Government has proposed to set up Special Economic Zones (SEZs) in key urban areas; this establishment of SEZs is a flagship project under the national development blueprint of Vision 2030., the country’s development program 2008-2030 Launched by ...
Read MoreFinance Act, 2015: Key Changes to the Tax Regime
The Finance Act has also given rise to major changes in the taxation regime which mirror the developments in the country’s economy and reflect the Government’s intention of ensuring such development is supported by a sufficient tax regulatory ...
Read MoreNatural Resource (Benefit Sharing Bill) 2014
The Natural Resources(Benefit Sharing) Bill, 2014. The Bill's objective is, among many other things, is to establish a system of benefit sharing in resource exploitation between resource exploiters, the national government, county governments ...
Read MoreFinance Act, 2015: Key Changes Made to the Insurance Act (IA)
The insurance sector in Kenya is another sector that has recorded substantial growth and development; it is among the most developed in Sub-Saharan Africa. It is therefore not surprising that the Government has seen the need to amend ...
Read MoreThe Companies Act, 2015
The Companies Act 2015 (the Act) is amongst a suite of new laws intended to streamline business in Kenya, by making it easier for entities to establish a presence and operate. Although quite voluminous, the Act takes into consideration, developments ...
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