Kenya Tax Guide When Kenya attained independence, the structure of statutory tax entailed income, trade, and excise duty. The initial 10 years of independence were mainly spent on enhancing a comprehensive taxation structure. Nevertheless, the government had to take some measures due to the oil crisis for which the government introduced the fiscal reforms. Given […]
Have you ever wished to check your KRA PIN on iTax portal? You are in the right place. It is vital to learn how to check your KRA PIN using iTax PIN checker functionality. Also, you could be having a KRA PIN number but cannot tell whether the PIN is active and valid. Therefore, it […]
How to import a vehicle in Kenya There are Various steps to be followed while importing a car the process of importing and clearing a car in Kenya involves several steps and can be complex. Here is a general outline of the process: Pre-shipment inspection: Before the car is shipped to Kenya, it must undergo […]
The call for harmonization of global accounting has resulted in the enhancement of the adoption of International Financial Reporting Standards (IFRS) with approximately one hundred nations permitting the use of, or having a comprehensive policy of convergence with the international financial reporting standards. Nevertheless, several countries are yet to adopt and switch to the IFRS. […]
Tax Advisory at Dennykins & Associates Tax comes into play in almost every aspect of the business. Therefore, it is vital to avoid losses related to taxes by seeking the right tax advice before you take on business transactions. Thus, planning taxes is best at the inception stage of the business. Nevertheless, there are instances […]
Dennykins and associates, provides persons and groups with the chance to register their local and foreign company in Kenya. In most cases, foreign and local company registration services can be hectic, but this should never be a worry anymore. You are in the right place; we take pride in providing clients with local and foreign […]
It is statutory for business entities to abide by regulations set by the constitution regarding business operations. Every country has a set of rules and regulations in place to ensure cohesiveness and transparency in the commercial sector. It is for this reason that dennykins and associates are committed to help new businesses and existing entities […]
Tax Invoice Management System (TIMS) Recently, businesses in Kenya have encountered massive transformation due to the actualization of the progressive Digital Economy. As such, it is critical for businesses in Kenya to adopt and ensure digitization, to ensure that they stay ahead and at per with the economic curve. One of the major pillars of […]
In order to streamline VAT collection and reduce instances of tax fraud, ETRs were initially implemented in Kenya in the year 2005. To help the trader account for the VAT charged at the moment of a sale, the ETR is a cash register with fiscal memory that preserves a record of all transactions. Electronic Fiscal […]
What is Digital Service Tax (DST)? This is a tax that is payable on income derived or accrued in Kenya from businesses carried out over the internet or an electronic network including services offered through a digital market place. When is DST effective? Digital service tax (DST) became effective from 1st January 2021. Who is […]
