Announcement
23 Jun 2017
On 23 June 2017, the Finance Act 2017 was published in the Kenya Gazette. The Act introduced several amendments that are relevant to the GTA scope.
Source
Sign in to access
Number of interventions
5
5 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Jan 2018
Revocation date:
No revocation date
Updated: 23 Jun 2017
Local content requirement
In force
As of 1 January 2018, the government of Kenya via Finance Act 2017, for the first time required for all persons with an insurable interest in the marine cargo sector, to acquire marine insurance exclu...
Sign in to see more
Updated: 23 Jun 2017
FDI: Treatment and operations, nes
In force
As of 1 January 2018, Finance Act 2017 introduced several amendments which are relevant to the GTA scope and are established with the purpose of boosting the rate of investment in the Special Economi...
Sign in to see more
Updated: 23 Jun 2017
Tax or social insurance relief
In force
Effective from 1 January 2018, the government of Kenya via Finance Act 2017 introduced a corporate tax reduction of 15% for newly incorporated companies carrying out local assembly of motor vehicles.
...
Sign in to see more
Implementation date
03 Apr 2017
Revocation date:
No revocation date
Updated: 23 Jun 2017
Tax or social insurance relief
In force
Lastly, effective from 3 April 2017, the government of Kenya via the Finance Act 2017, for the first time exempted from excise duty goods that are imported and are exclusively designated for the use...
Sign in to see more
Updated: 23 Jun 2017
Local content incentive
In force
Effective from 3 April 2017, the government of Kenya under Finance Act 2017, introduced amendments to the VAT Act that are specifically relevant to the GTA scope.
Specifically, motor vehicles that are...
Sign in to see more
Threads
See all
This state act is not part of any Thread yet.