Profits earned in Kenya are meant to leave Kenya eventually , that is the point of investing. Moving money out works smoothly when the tax and banking steps are done in the right order, and awkwardly when they are not. Can investment proceeds be sent out of Kenya? Yes, subject to tax compliance and the … Read more
A seller agrees on a price, the buyer’s advocate sends the completion checklist, and one line reads: capital gains tax. Many sellers meet the tax for the first time at the point of sale, when the timetable allows little room for surprises. Understanding what the tax covers, and when it falls due, helps sellers plan … Read more
The transfer has been signed, the seller is pressing for lodgement, and the documents cannot be registered until stamp duty is assessed and paid. Stamp duty is a frequent point of delay, and of avoidable expense, in Kenyan property transactions. What is stamp duty and when is it payable? Stamp duty is a tax on … Read more
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