With the outbreak of the Coronavirus pandemic come widespread economic challenges affecting the world at large with no country spared. Kenya on its part has seen a decline in economic and business activities following the announcement of the Coronavirus cases in Kenya. In the result, the security of employment and businesses of many Kenyans is […]
On 18th March, 2020 the President assented to the Business Laws (Amendment) Act, 2020 (the Act). The Act, which came into force on its date of assent, seeks to facilitate the ease of doing business in Kenya by amending various statutes. Below is a summary of the salient changes brought about
Kenya, as is the case with other countries, has entered into a number of Double Tax Avoidance Treaties (DTAs) with an aim of avoiding or mitigating double taxation of persons (both legal and natural) residing in the contracting states but more importantly as a way of encouraging Foreign
By Walter Amoko | Lena Onchwari
Kenya’s eagerly awaited 2016/2017 budget themed, ‘Consolidating gains for a prosperous Kenya’ was read out by the Cabinet Secretary for Finance, Henry Rotich on 8th June, 2016. To meet the country’s goal of achieving a middle-income
Since June 2016, when Kenya’s Cabinet Secretary for Finance announced that the Government would extend a tax amnesty on foreign income in the annual budget speech, there has been anticipation around the proposed amnesty
The Cabinet Secretary for National Treasury and planning, Mr. Henry Rotich, has tabled in parliament the Finance Bill, 2018 which seeks to realize the Governments Big Four Agenda by boosting revenue collection by expanding the tax
By Nelly Gitau | Lena Onchwari
By Nelly Gitau | Lena Onchwari