Overview from the World Bank
Kenya is the economic and transport hub of East Africa. Kenya’s real GDP growth has averaged around 5% for the past several years.
Kenya is East Africa’s industrial nerve-centre. Most business is in private hands, with foreign investment supporting the agricultural and mining sectors.
Registering a sole proprietorship or a partnership is easy. All you need is to choose a business name and apply to the Registrar-General for registration. But for a limited company you need the services of a lawyer to register it.
The Corporate Tax Rate in Kenya stands at 30 percent.
Resident companies are taxable in Kenya on income accrued or derived from Kenya. Resident companies with business activities outside Kenya are also taxed on income derived from business activities outside of Kenya.
The Personal Income Tax Rate in Kenya stands at 30 percent.
Non-resident employees are taxable only on their income earned from within Kenya or derived from Kenya.
The Sales Tax Rate in Kenya stands at 16 percent.
VAT is a consumption tax charged on taxable goods and taxable services soldl provided locally or imported to Kenya