Running a business in Kenya has never demanded more from your finance function. Every invoice must now pass through KRA’s eTIMS system, payroll must correctly handle SHIF, the Affordable Housing Levy and rising NSSF contributions, and KRA’s data-driven enforcement means even small businesses are receiving compliance queries and demand letters. Getting your accounting right is no longer just good practice — it is the difference between growing confidently and losing money to penalties.
Junyan and Associates CPA(K) is a registered accounting firm headquartered in Nakuru, serving businesses and individuals across Kenya. This guide explains what professional accounting services cover, the deadlines and rates every Kenyan business must know in 2026, and how to choose the right partner.
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Why Professional Accounting Services Matter in Kenya
- Regulatory compliance has tightened. All businesses — including non-VAT registered traders — must issue electronic invoices through eTIMS. Expenses not supported by eTIMS invoices are no longer tax-deductible, which directly increases your tax bill if your records are poor.
- Payroll is more complex than ever. Between PAYE, SHIF (2.75% of gross pay), the Affordable Housing Levy (1.5% employee + 1.5% employer) and enhanced NSSF contributions, a single payroll error compounds every month. See our guide to statutory deductions in Kenya.
- KRA enforcement is data-driven. KRA now cross-checks bank records, eTIMS data and customs records. Discrepancies trigger demand letters and tax investigations — situations far cheaper to prevent than to resolve.
- Good numbers unlock funding. Banks, SACCOs and investors require credible, professionally prepared financial statements before lending or investing.
Our Accounting Services in Kenya
Bookkeeping and Financial Reporting
Accurate, up-to-date books are the foundation of everything else. We provide monthly bookkeeping services — recording transactions, reconciling bank and M-Pesa statements, managing debtors and creditors — and prepare IFRS-compliant financial statements for banks, investors and regulators.
Tax Consultancy and Compliance
Our tax consultants handle VAT, PAYE, corporation tax, turnover tax, rental income tax and withholding tax — from registration and monthly filing to tax planning that legally reduces your burden. We also process Tax Compliance Certificates required for tenders, jobs and licensing.
Audit and Assurance
As one of the established audit firms in Kenya, we conduct statutory audits, donor-fund audits for NGOs, and independent reviews. Where fraud is suspected, our forensic audit team investigates and documents evidence that stands up to scrutiny.
Payroll Services
Our payroll services cover salary processing, payslips, and timely remittance of PAYE, SHIF, NSSF and the Housing Levy — so your team is paid correctly and KRA has no reason to call.
KRA Dispute Resolution
If you have received an assessment, demand letter or audit notice, our tax dispute resolution team manages the entire process: objections, Alternative Dispute Resolution and representation at the Tax Appeals Tribunal.
Company Registration and Business Plans
We handle company registration — including foreign company registration — plus KRA PIN setup, and we prepare bankable business plans with realistic financial projections.
Diaspora Tax Services
Kenyans abroad with rental property, investments or businesses back home rely on our diaspora tax services to stay compliant without flying home.
Key Tax Deadlines and Rates in Kenya (2026)
| Obligation | Rate | Deadline |
| PAYE | 10% – 35% (graduated) | 9th of the following month |
| VAT | 16% | 20th of the following month |
| Turnover Tax (TOT) | 3% of gross turnover | 20th of the following month |
| Monthly Rental Income | 7.5% of gross rent | 20th of the following month |
| Corporation Tax | 30% | Instalments; balance by end of 4th month after year-end |
| Individual Annual Returns | — | 30 June |
| SHIF | 2.75% of gross salary | 9th of the following month |
| Affordable Housing Levy | 1.5% employee + 1.5% employer | 9th of the following month |
Missing these dates attracts automatic penalties and interest — see our full guide to company tax deadlines in Kenya.
Who Needs Accounting Services in Kenya?
- SMEs and family businesses that can’t justify a full-time accountant but need clean books, eTIMS compliance and monthly filings handled.
- Startups that need proper structures, registration and investor-ready projections from day one.
- Landlords with rental income obligations, whether resident or in the diaspora.
- NGOs and schools that must demonstrate transparent fund management to donors and regulators — see our dedicated NGO accounting services and school accounting services.
- Hotels, restaurants and hospitals with high transaction volumes and sector-specific levies — we specialise in hospitality accounting and healthcare accounting.
- Anyone facing a KRA query — the earlier a professional gets involved, the better the outcome.
Why Choose Junyan and Associates
- Registered CPA(K) professionals regulated by ICPAK — not an unlicensed bureau.
- Full-service firm: bookkeeping, tax, audit, payroll, registration and dispute resolution under one roof.
- Local presence, national reach: offices at Sansora Building, Nakuru, with clients served on-site and remotely across Kenya.
- Fixed, transparent monthly fees — you know your cost before we start.
Who need accounting services in Kenya?
Various individuals, businesses, and organizations in Kenya can benefit from accounting services. Here are some key entities that need accounting services:
1. Small and Medium-Sized Enterprises (SMEs): SMEs often lack dedicated accounting departments and resources. Outsourcing accounting services enables them to maintain organized financial records, comply with tax regulations, and make informed financial decisions.
2. Large Corporations: Large corporations require comprehensive accounting services to manage their complex financial operations, conduct finance audits, and strategize tax planning for optimal financial performance.
3. Startups and Entrepreneurs: Startups and entrepreneurs can benefit from accounting services during their initial stages to set up proper financial systems, register their businesses, and develop realistic business plans.
4. Non-Profit Organizations (NGOs): NGOs need accurate accounting to ensure transparency in their financial reporting for donors and grant-making organizations. Accounting services help them adhere to regulatory requirements and maintain credibility.
5. Individuals and Freelancers: Individuals with multiple income sources or freelancers may require accounting services to track their earnings, claim eligible deductions, and fulfill their tax obligations accurately.
6. Investors and Creditors: Investors and creditors rely on audited financial statements and reliable financial data to assess the financial health and performance of businesses before making investment or lending decisions.
7. Government Agencies and Institutions: Government agencies and institutions often require accounting services for proper financial management, budgeting, and financial reporting.
8. Professional Service Firms: Legal firms, medical practices, engineering consultancies, and other professional service providers benefit from accounting services to manage their finances efficiently and focus on core activities.
9. Real Estate Companies: Real estate companies deal with complex financial transactions. Accounting services help them track revenues, expenses, and property-related finances accurately.
10. Educational Institutions: Schools, colleges, and universities need accounting services for budgeting, financial reporting, and compliance with government regulations.
Frequently Asked Questions (FAQs) on Accounting Services in Kenya
Is eTIMS mandatory for small businesses?
Yes. All persons in business — including small traders below the VAT threshold — must onboard onto eTIMS and issue electronic invoices. We handle eTIMS registration and integration as part of our compliance services.
What types of accounting services does Junyan and Associates offer in Kenya?
Junyan and Associates offers a comprehensive range of accounting services in Kenya, including tax consultancy, bookkeeping, finance audits, business registrations, business plans, management consulting, financial reporting, payroll services, budgeting and financial planning, investment advisory, and estate and trust planning.
How can accounting services assist in tax compliance for businesses and individuals?
Accounting services play a crucial role in tax compliance by providing expert tax advice, ensuring accurate tax preparation and filing, identifying available tax incentives, and guiding businesses and individuals to meet their tax obligations in a timely and compliant manner.
Can Junyan and Associates help with financial audits for businesses in Kenya?
Yes, Junyan and Associates offers finance audit services for businesses in Kenya. Our experienced team conducts thorough financial audits to evaluate the accuracy and transparency of financial records, ensuring compliance with accounting standards and providing unbiased financial assessments.
Are accounting services only beneficial for large enterprises, or can small businesses also benefit from them?
Accounting services are beneficial for businesses of all sizes, including small and medium-sized enterprises (SMEs). Regardless of the scale, accounting services help SMEs maintain organized financial records, make informed financial decisions, comply with tax regulations, and attract potential investors and creditors.