Dealine for filing Value Added Tax (VAT) is 20th Day of the following month. Deadline for payment of Value Added Tax (VAT) is 20th Day of the following month

Deadline for filing VAT withholding is 20th day of the following month. Deadline for payment of VAT withholding is 20th day of the following month

Deadline for filing Pay as you Earn (PAYE) is 9th day of the following month. Deadline for payment of Pay as you Earn is 9th day of the following month

Deadline for filing National Industrial Training Levy (NITA) is 5th day of the following month. Deadline for payment is 5th of the following month

Deadline for filing Monthly Rental Income (MRI) is 20th of the following month. Deadline for payment of Monthly Rental Income (MRI) is 20th of the following month

Deadline for filing MRI Withholding is 2oth day of the following month. Deadline for payment of MRI Withholding is 2oth day of the following month

Deadline for filing Income Tax-Company/Partnerships is 6 months after the end of the financial year. Deadline for payment of is 6 months after the end of the financial year

Deadline for filing Income Tax - Individual is 30th June of each year. Deadline for payment of Income Tax - Individual is 30th June of each year

Deadline for filing Income Tax Withholding is 2oth day of the following month. Deadline for payment of Income Tax Withholding is 2oth day of the following month

Deadline for filing Installment Tax is The 2oth of the 04th, 06th, 09th, & 12th month of each financial year. Deadline for payment of Installment Tax is The 2oth of the 04th, 06th, 09th, & 12th month of each financial year

Deadline for filing Capital Gains Tax (CGT) is 20th day after the transfer. Deadline for payment of Capital Gains Tax (CGT) is 20th day after the transfer

Deadline for filing National Social Security Fund (NSSF) is 09th day of the following month. Deadline for payment of National Social Security Fund (NSSF) is 09th day of the following month

Deadline for filing National Hospital Insurance Fund (NHIF) is 09th day of the following month. Deadline for payment of National Hospital Insurance Fund (NHIF) is 09th day of the following month

Consequences for the offence Late Filing of Value Added Tax (VAT) is 5% of the tax due or Kshs. 10,000 whichever is higher

Consequences for the offence Late Payment of Value Added Tax (VAT) is 5% of the tax due and an interest of 1% per month

Consequences for the offence Failure to deduct VAT Withholding is 10% of the amount of the tax involved

Consequences for the offence Late filing of Pay as You Earn (PAYE) is 25% of the tax due or Kshs. 10,000, whichever is higher.

Consequences for the offence Late payment of Pay as You Earn (PAYE) is 5% of the tax due and an interest of 1% per month

Consequences for the offence Late filing of Monthly Rental Income (MRI) is 5% of the tax due or Kshs. 2,000 whichever is higher for Individuals or 5% of the tax due or Kshs. 20,000 whichever is higher for non-Individuals

Consequences for the offence Late payment of Monthly Rental Income (MRI) of is 5% of the tax due and an interest of 1% per month

Consequences for the offence Late payment of National Industrial Training Levy is Failure to pay the training levy attracts a 5% penalty on the amount due

Consequences for the offence Late filing of Income Tax Company/Partnerships is 5% of the tax due or Kshs. 20,000 whichever is higher

Consequences for the offence Late payment of Income Tax Company/Partnerships is 5% of the tax due and an interest of 1% per month

Consequences for the offence Late filing of Income Tax - Individual is Kshs. 2,000

Consequences for the offence Late payment of Income Tax - Individual is 5% of the tax due and an interest of 1% per month

Consequences for the offence Late payment of Stamp Duty is 5% of the duty payable

Consequences for the offence Late filing of Excise Duty is 5% of the tax due or Kshs. 10,000, whichever is higher

Consequences for the offence Late payment of Excise Duty is 5% of the tax due and an interest of 1% per month

Consequences for the offence Late Payment of Income Tax Withholding is 5% of the tax due and an interest of 1% per month

Consequences for the offence Late Payment of National Social Security Fund (NSSF) is 5% penalty of the total contributions for each month or part of the month the employer or employee has failed to pay their contribution.

Consequences for the offence of is

Anyone with an active KRA Pin Number ought to file the returns as per the specific active obligations. In an instance where a taxpayer has no income or transactions relating to a given obligation & period, they are mandated to file NIL returns. Failure to file NIL returns attracts penalties as per the respective obligations

Registration of VAT is initiated through an amendment on the taxpayer’s account. Thereafter, the taxpayer submits the necessary documentation to their tax station for review after which the KRA representatives approve the VAT obligations

All KRA taxes are payable through mobile money such as M-pesa or Airtel Money, any partner banks. A taxpayer generates a payment slip from iTax which they use in payment through their preferred method

Suspension of a VAT obligation often occurs due to non-compliance or an assumption of non-compliance. In an event where a VAT obligation is suspended, the burden of proof lies on the taxpayer to proof to KRA that contrary to their claims they are compliant. The taxpayer ought to engage their tax service office to facilitate re-activation of the VAT obligation

Registration of companies in Kenya is done by the Registrar of Companies through the E-CITIZEN platform. A submission of information & documentation including the preferred names of the company is made through the E-CITIZEN platform after which a review is made and if approved the owners are issued with a certificate of incorporation & CR 12.

Yes, a foreigner can own a company in Kenya. There are no restrictions denying foreign nationals from owning a company in Kenya. Foreigners who want to own and run a business in Kenya are required to acquire a permit from the Immigration Department. Foreigners can own the companies at 100% shareholding or even partner with citizens in any business of their choosi

Registration of a company in Kenya often takes a maximum of 14 working days. All documentation & information is submitted through the E-CITIZEN platform after which the owners are issued with a Name Reservation Certificate indicating their reserved name from their name suggestions. Soon afterwards, after review of the submissions the owners are issued with a Certificate of Incorporation & a CR 12 of the fully registered company.

A minimum of three preferred names (a maximum of five) in the order of preference.

Directors’ identification documents i.e., copy of pin certificate, copy of ID card.

The total number of share information for all director(s) i.e., the total number of shares and the nominal value of each share.

Passport photos for all directors.

Active email address for all directors.

Active phone numbers for all the directors

Postal address for the proposed business and all directors of the company.

Business locality i.e., county of operation and physical location.

Nature of business the company intends to undertake.

Residential address for all directors i.e., County, District, Locality, Place of Residence

Shareholding structure.

Yes, you can either add or remove a director from a company through a share transfer or resignation process. When removing a director from a company, the outgoing director shareholder resigns from the company and transfers their shares to the existing directors. When adding a new director shareholder to a company is allocated shares from the existing director as per the preferred shareholding.

A work permit is issued to foreign nationals who already have a job opportunity in Kenya. It is not a permit to do business but to undertake specific employment from a legal entity in Kenya.

Formal dissolution of companies is made through the Registrar of Companies. A company submits a formal requistion with the Registrar of Companies accompanied by attachments of a special resolution passed by the directors and attaching a copy of the certificate of incorporation. The company lodges the application through lodging Form CR 18 and Form CR 19 and paying the requisite application fees.

Sole proprietorship: The business is owned by one person, whereby the business and the owner as exist as the same person

Partnership: This is business name owned by more than one person under any form of agreement by the partners

Private limited company: The is business where company and its directors exist as separate entities and the directors

Public limited company: This is a business entity that allows the general public to won & transfer shares freely and at their discretion without any form of limitation.

Registration of societies in Kenya is by the Registrar of Societies through the Societies Act. Under the Societies Act, the registration can entail the registration of political parties, churches, welfare associations, sports associations, & private member clubs.

Proposed names of the society for search and approval;

Objects of the society

The number of members in the society (At least 10 members);

The names, occupation and postal addresses of the Chairman, treasurer and secretary;

Proposed Physical address of the society. Address includes road, plot number, town, and county

Constitution for the society

Application Form A and B must be in duplicate signed by three of the officers

Form A (application for registration of a society)

Form B (notification of registered office and address of a society)

Name of the Trust or Foundation

Main Objective of the Trust.

Name of the Settlor/ Donor– Full name, copy of ID card/passport; If it’s a company, a copy of the certificate of registration

Proposed physical address of the trust foundation

Domicile and residence of the trust or foundation

A Trust Deed

The Trustees: the trustees should show competence in running the trust. For example, if it’s a Medical Trust, then some should have a background in medicine. The following information from the trustees is required

Names and addresses in full.

Passport photos of the trustees

Copies of Pin certificates of Trustees

Copies of national ID or Passport.

Curriculum vitae of the trustees

Statement of their accounts

Minutes appointing the trustees

Petition to the minister

Seal of the trust

Statement of donor funding where applicable.

Financial statement of the trust or foundation