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!
Population : 55Million
Currency: Kenya Shilling
Current Exchange Rate to USD: USD 1 : KShs 122
Standard corporate income tax rate:
Main tax incentives:
Investment Allwances based on the type of Business, Buildings etc.
Not Taxable, depending on the type of business
Standard dividend withholding tax rates:
5% for Resident ; 10% for Non Resident
Standard Interest withholding tax:
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:
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?:
Data security rules?:
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.