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To increase tax compliance percentages and encourage more people to file their taxes, the Kenya Revenue Authority has an elaborate online portal [3] that allows citizens to log in and either file tax returns, check their penalties [4] or apply for a certificate of tax compliance. This is in line with the Kenyan government's efforts to automate ...
Location of Kenya. Kenya is a country in East Africa and a founding member of the East African Community (EAC). Its capital and largest city is Nairobi. The capital, Nairobi, is a regional commercial hub. The economy of Kenya is the largest by GDP in East and Central Africa.
The plates also include an imprinted Kenyan Flag, a hologram, watermark and a serial number linked to the vehicle chassis number. In March 2024, the government of Kenya unveiled a new series of license plates that will be used by owners of electric vehicles and electric motorcycles. [6] These place will have a white font on a green background.
Kenya's taxation system covers income tax, value-added tax, customs and excise duty. The regulations are governed by independent legislators that govern the taxation system, the main legislator, the Kenya Revenue Authority (KRA) has different sections that deal with the above taxes while also having the authority to undertake reviews on various ...
The National Social Security Fund was established in 1965 through the Act of Parliament Cap 258 of the Laws of Kenya. It initially operated as a Department of the Ministry of Labour until 1987 when the act was amended, transforming the fund into a state corporation under the management of a board of trustees. [ 2 ]
This is a list of some of the Insurance Companies carrying on insurance business in Kenya. They are regulated by the Insurance Regulatory Authority: [1] Allianz; Britam Holdings T/A British-American Insurance Company Kenya Limited, and as Real Insurance Company; CIC Insurance Group [2] First Assurance Kenya Limited [3]
The Government of Kenya enacted the Insurance Act Kenya CAP 487 in 1985 [1] with the aim of localizing regulation of the insurance business. The newly-enacted legislation established the Department of Insurance within the Ministry of the National Treasury and Planning , headed by a Commissioner of Insurance, to supervise the insurance sector.
With the initial sales of the Ford Model T, NMG took up 52% market share of automobile sales in Kenya at that time. In July 1948, the company was bought by one Mr. Allen and another Mr. Cooper, who had relocated from the United Kingdom to Nairobi. The company's name was changed to Cooper Motor Corporation Private Limited, to reflect the new ...