Getting value from your audit firm in Kenya.
Being an economically emerging and developing country, Kenya has observed business growth and opportunities in various sectors including travel, tourism, education, sports, manufacturing, transportation, financial institutions and NGOs , Public sector and other sectors. This has led to the growing number of audit firms in Kenya. For any business firms, it is important to get audited annually to have an insight into the operations and compliance of the company.
Kenya Budget Highlights 2019/2020
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]The theme of this year’s budget is “Creating Jobs, Transforming lives – Harnessing the Big Four Plan” which resonates with the government’s aim of accelerating economic growth and generating more employment opportunities and providing better livelihoods for Kenyans. The government has proposed a 2.8 trillion budget for the financial year 2019/2020. However, the […]
Transfer Pricing In Kenya
[vc_row][vc_column width=”1/4″][/vc_column][vc_column width=”1/2″][vc_column_text]What is it that multinational companies should be aware of? What is Transfer Pricing? What is a related entity?What are the Kenyan Transfer Pricing Rules of 2006? What Transfer Pricing Methods are used in Kenya? Transfer pricing is the pricing allocated to transactions such as goods, services and intangibles that are transferred between […]
Taxation of Dividends in Kenya
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]The Finance Act, 2018 introduced a tax at corporate rate on untaxed gains or profits from which dividends are distributed with effect from 1st January 2019.This amendment was intended to repeal the requirement by companies to maintain a dividend tax account. Therefore, compensating tax which would be chargeable on distribution of untaxed gains […]