Running a successful business in Kenya is about more than increasing sales and managing expenses. It also means ensuring your tax affairs are accurate, compliant, and optimized. Many businesses only discover tax errors when the Kenya Revenue Authority (KRA) conducts…
Introduction In today’s dynamic business environment, financial transparency and accountability are more important than ever. Whether you are a startup, a growing SME, a multinational corporation, or a non-profit organization, working with a professional audit firm is essential for ensuring…
In today’s fast-evolving financial environment, audit firms in Kenya play a critical role far beyond checking books. They are strategic partners in compliance, risk management, tax efficiency, and business growth. With increasing regulation from bodies like the Institute of Certified…
KRA Tax: Former Kenyatta International Convention Centre (KICC) chairperson Irungu Nyakera has criticised the Kenya Revenue Authority (KRA) for its aggressive enforcement of income tax, saying the move risks hurting businesses and ordinary Kenyans. According to Nyakera, the new taxman…
The Inheritance Tax Dilemma When a beneficiary inherits property in Kenya and later decides to sell it, determining the correct Capital Gains Tax (CGT) liability has been a contentious issue. Should the tax be calculated on the entire sale proceeds,…
\ demand letter in kenya serves as a critical first step in the dispute resolution process in Kenya, often determining whether parties can settle their differences amicably or must proceed to litigation. This comprehensive guide explores the essential elements of…
Register a foreign company in Kenya. The cost of registering a foreign company in Kenya is our most Frequently Asked Question and in this article, we aim to provide as adequate an answer to the question as possible. Registering a…
When dealing with tax assessments, audits, or objections, the Kenya Revenue Authority (KRA) may issue a review letter request to taxpayers. This letter is an important part of Kenya’s tax dispute and compliance process, and understanding its purpose can help…
Kenya has recently overhauled its health insurance system. The National Health Insurance Fund (NHIF) has been replaced by the Social Health Authority (SHA), under the Social Health Insurance Act, 2023, which began operations on 1 October 2024 Following the implementation…
As artificial intelligence (AI) continues to disrupt industries worldwide, a pressing question has emerged within the Kenyan business community: Will accountants in Kenya be replaced by AI? While automation is indeed reshaping the way financial data is processed and reported,…