Doing Business in Kenya - RSM International

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• Airtime on cellular mobile phones 10%• Plastic shopping bags 50%• Cosmetics and skin care products 5%4.10 Customs DutyThe East African Community Customs Management Act provides the rates of dutyand circumstances in which duty shall be paid on goods. The goods originating fromthe EAC partner states are accorded community tariff treatment according to theRules of Origin provided under the Protocol. Goods imported from outside the EACare subject to a Common External Tariff (CET) as follows:• 0% on raw materials and capital goods.• 10% on semi-processed and intermediate goods.• 25% on finished goods.• 2.25% Import Declaration Fees (exempt for imports for EAC countries).EAC member countries have powers to levy additional anti-dumping or countervailingduty rates in addition to the normal duty rates. Certain capital goods for investment,subject to Treasury approval, are eligible for duty remission. Goods imported forCOMESA have preferential duty rates.60DOING BUSINESS IN KENYA
5.0 EMPLOYMENT5.1 Foreign Visa5.1.1 Visa RequirementsA Visa is required by all persons, other than Kenyan citizens, wishing to enter Kenyaexcept the persons entitled to privileges and immunities under the Privileges andImmunities Act (Cap 179). Applications for visas are submitted to the ImmigrationDepartment.Visitors may be issued with a visa on arrival at a port of entry into Kenya validfor a period not exceeding 3 months in the first instance, provided that they arein possession of a valid passport or other travel document acceptable to theGovernment. Nationals of East African Partner States holding valid passports orother acceptable travel documents may be issued with a visitor’s pass on arrivalat a port of entry into Kenya valid for 6 months. Travellers entering Kenya by roadare advised to pass through the gazetted entry points and report immediately to anImmigration Officer.The most important documents needed are:• Visa application form;• Passport size photograph of the applicant;• Valid passport/travel document showing validity of at least 6 months;• Medical referral letter from a hospital or a doctor for medical cases.Following are the types of visas available:• Ordinary/Entry Visa• Transit Visa• Diplomatic Visa• Multiple Journey Visa• Courtesy Visa• Official/Service VisaOrdinary/Entry VisasThese are visas issued to all persons whose nationalities require visas to enter Kenyafor visits or residence.DOING BUSINESS IN KENYA61
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2.0 General2.1 IntroductionKenya li
Page 13 and 14: Kenya Tanzania Uganda Rwanda Burund
Page 15 and 16: A huge chunk of the Act regulates m
Page 17 and 18: • Stamping of the Memorandum of A
Page 19 and 20: the Registrar within a statutory pe
Page 21: 3.2.3 Thin CapitalisationThin capit
Page 24 and 25: Where a business is carried on or e
Page 26 and 27: territory or domestic market. Motor
Page 28 and 29: • Unrealised foreign exchange los
Page 30 and 31: 4.2.6 Business with Non-Resident Pe
Page 32 and 33: Installments Due Date RateNon-Agric
Page 34 and 35: The current Personal Income Tax rat
Page 36 and 37: c) Housing• The higher of market
Page 38 and 39: partnership in which the husband or
Page 40 and 41: (1) East African Community partner
Page 42 and 43: Where the taxpayer still disputes w
Page 44 and 45: The VAT rates applicable in Kenya a
Page 46 and 47: 4.8.4 De-registration and Disposal
Page 48 and 49: • Payment is received for all or
Page 50 and 51: 4.8.7 Records, Invoices, Credit and
Page 52 and 53: A credit note should be serially nu
Page 54 and 55: However, where a motor vehicle or o
Page 56 and 57: Where there is no tax payable a ‘
Page 58 and 59: granted or is partly granted, the b
Page 62 and 63: Transit VisasThese are visas requir
Page 64 and 65: Class K is for persons who have an
Page 66 and 67: 5.3.2 WagesAlthough the Employment
Page 68 and 69: NSSF provides the employee with a l
Page 70 and 71: 6.0 ACCOUNTING6.1 Statutory Framewo
Page 72 and 73: 7.0 INTELLECTUAL PROPERTYRIGHTSKeny
Page 74 and 75: Years 1 Shs 1,000Year 2 Shs 1,500Ye
Page 76 and 77: 8.0 Listing Rules8.1 The Capital Ma
Page 78 and 79: • At the date of application, the
Page 80 and 81: 8.3 Payable FeesCompanies pay an in
Page 82 and 83: 9.0 Investing in Kenya9.1 General I
Page 84 and 85: 9.3 Foreign Ownership of Shares and
Page 86 and 87: Contact Details - RSM AshvirRSM Ash
Page 88 and 89: Appendix of Acronyms used in the Bo
Page 90: Notes90DOING BUSINESS IN KENYA
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Doing Business in Kenya - RSM International

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