Kenya

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Country Knowledge

Our local member provided the following preliminary information about doing business in this country.
Please contact the firm for more information and obtain professional advice in each country concerned.
Our local member will be happy to help you proceed with your business!

General information

Languages :

  • Swahili
  • English

Population : 55Million

Currency: Kenya Shilling

Current Exchange Rate to USD: USD 1 : KShs 122

Standard corporate income tax rate:

30 %

Main tax incentives:

Investment Allwances based on the type of Business, Buildings etc.

Other incentives:

Not Taxable, depending on the type of business

Standard dividend withholding tax rates:

5% for Resident ; 10% for Non Resident

Branch taxation:

No

Standard Interest withholding tax:

15 %

Interest expense deduction rules:

Interest expense paid or payable should would be disallowed if it is more than 30% of Earnings before Interest, Tax,Depreciation & Amortisation

Standard royalty withholding tax rate:

20 %

Laws and government

Common law: British Legal System

Religious: Sharia Law for Muslims

Federal / national only?: National / Parliament

State / provincial too?: States / Counties

Data privacy rules?:

Yes

Data security rules?:

Yes

Standards & Tax treaties

Number of tax treaties: Around 10 countries

OECD MLI treaty signatory?: YES

Type of tax: VAT

Taxes on foreign products?: Yes

Taxes on foreign services?: Yes

Typical time and cost to incorporate a local private company: 10 days

Typical time and cost to register a branch of a foreign company: 10 days

Typical business/tax/other issues in the country:

All types of business opportunites are there since Kenya is placed strategically to do business on all surrounding countries, due to many advantages of Infrastructures, communications,etc…

The information provided on this website is intended for general informational purposes only and should not be construed as professional advice. While our members make every effort to ensure the accuracy and reliability of the information presented, we cannot guarantee its completeness, timeliness, or suitability for any particular purpose.

We strongly recommend that you seek professional advice from a qualified expert in the relevant field before making any decisions or taking any actions based on the information provided on this website. Your reliance on any information presented on this website is at your own risk.

Please note that the information on this website is subject to change without notice, and we assume no responsibility or liability for any errors or omissions in the content. By accessing and using this website, you agree to release us from any and all claims, liabilities, and damages arising from your use of the information provided herein.

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