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.
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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, t...
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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...
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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 vehicle...
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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 d...
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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 vehicl...
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