Do you want to start a business in Kenya? Register your business easily with our expert guidance. Why You Should Register a Business in Kenya Starting a business in Kenya offers many benefits, including financial independence, breaking away from formal employment to follow your passions and possibly higher earnings than being employed. Therefore, many people […]
One of the perks of the Kenyan tax administration is that it lets taxpayers self-assess. But there is a catch! If the Kenya Revenue Authority (KRA) has a reason to believe your self-assessment is erroneous, it will issue a tax assessment. We’ve discussed how to handle a tax assessment before, so we’ll not dwell much […]
Cross-border operations provide many benefits to professionals, businesses, and foreign investors. These include financial gains, market advantages, and strategic partnerships. However, these inter-regional transactions also introduce complexities in tax compliance. That’s where international tax consultants come in handy. International tax advisory will help you stay compliant across all jurisdictions to avoid costly penalties. Working with […]
Why do individuals and businesses need tax advisory services? In an ideal world, a taxpayer should only shoulder the appropriate tax burden, no more, no less. But that is not what happens. The Kenyan tax regime is always evolving. Taxpayers who keep up with these changes don’t struggle with tax compliance. However, not many taxpayers […]
Small and Medium Enterprises (SMEs) are arguably the backbone of the Kenyan economy. They contribute a considerable percentage to the country’s GDP through taxes. Furthermore, they drive the economy through employment and innovation. But what kind of taxes do SMEs pay in Kenya? SME taxes in Kenya are categorized into two primary types: annual and […]
If your business or company earns at least 5 million Kenyan shillings annually, paying value-added tax (VAT) is a legal requirement. You need to file VAT returns monthly, by the 20th of the following month. Businesses earning less than Ksh 5 million can register for VAT too, but this is optional. VAT is one of […]
Hundreds of non-Kenyans are increasingly coming to Kenya for various purposes, including professional and personal. Professionally, foreigners see Kenya as a great destination for employment, business, and investment. Our growing economy attracts a diverse range of talents, including engineers, doctors, architects, tech experts, remote workers, and innovators. Those coming here for business reasons target our […]
Once KRA freezes your bank account, you lose immediate access to your funds. Get fast and professional intervention when your account is frozen by KRA. When the Kenya Revenue Authority (KRA) takes an enforcement action, it’s fast and aggressive. Bank account freezes are among the most punitive methods the tax authority uses to recover tax […]
Tax penalties and interests are a headache for Kenyan taxpayers because they add to their tax liabilities. They are a financial burden that leads to operational and legal constraints. Whether you’re an individual taxpayer or a business owner, these punitive charges are bad news. If you’re struggling with KRA penalties and interests, you don’t have […]
