Securities Transfers Tax

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 ...
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Special Economic Zones Act

Special 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 ...
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Finance Act, 2015: Key Changes to the Tax Regime

Finance 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 ...
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Natural Resource (Benefit Sharing Bill) 2014

Natural 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 ...
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Finance Act, 2015: Key Changes Made to the Insurance Act (IA)

Finance 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 ...
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The Companies Act, 2015

The 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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