From the 1st January 2024,
Kenya is proud to be a visa free country.
For a seamless trip to Kenya,
all travellers must now complete an
Electronic Travel Authorisation before departure.
For more information visit: www.etakenya.go.ke
Corporate Taxation
Submitted by kenyagreece on Sun, 01/19/2014 - 10:47
Resident and nonresident corporate entities are subject to tax on all income accruing in or derived from Kenya. Income tax is imposed on a company's gross income less allowable deductions.
Resident and noresident corporate entities are imposed in different tax rate.
The general corporate income tax rate is 30%, with a branch of a foreign company taxed at 37,5%.
Newly listed companies enjoy a reduced rate for three to five years of listing, the rate (20-27%) and period on the percentage of capital listing (more than 20%).
Enterprises in export processing zones enjoy a 10-year tax holiday.
