Kenya has taken significant steps towards enhancing her tax system in line with modern times and the dynamic international tax landscape.
In this regard, we endeavor to keep you updated on the prevailing changes and amendments to the various tax laws and practices affecting business operations in this region.
We wish to notify you of the ratification of the Double Taxation Agreement between Kenya and the United Arab Emirates. Kenya has a cordial business relationship with the UAE thus the treaty is a significant development towards enhancing economic relations between the two states.
The treaty provides opportune tax incentives for enterprises operating in the treaty states and for potential investors.The attached alert (PDF document on the right) highlights the key provisions of the treaty to familiarize you on how the treaty may benefit you.
As always, should you require further clarification and insights on this matter, please get in touch with us.