Services
As your business grows, our advisory services are designed to help you achieve your goals. Successful growth often means navigating a complex array of...
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We can support you throughout the transaction process – helping achieve the best possible outcome at the point of the transaction and in the longer term.
We approach each audit with sharp thought, straight talk and common sense. In addition to verifying that financial results are fairly presented and meet...
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We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.
At Grant Thornton, tax is a key part of our organisation and our award-winning teams can offer you a range of solutions, whatever the size of your business or...
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Our trusted teams can prepare corporate tax files and ruling requests, support you with deferrals, accounting procedures and legitimate tax benefits.
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Direct international tax
Our teams have in-depth knowledge of the relationship between domestic and international tax laws.
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Global mobility services
Through our global organisation of member firms, we support both companies and individuals, providing insightful solutions to minimise the tax burden for both parties.
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Indirect international tax
Indirect international tax
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Private client services
Our solutions include dealing with emigration and tax mitigation on the income and capital growth of overseas assets.
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Transfer pricing
The laws surrounding transfer pricing are becoming ever more complex, as tax affairs of multinational companies are facing scrutiny from media, regulators and the public
At Grant Thornton, outsourcing represents more than US$250 million of our business. Whatever the size of your organisation or wherever you are in the world, we...
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Effective bookkeeping and financial accounting are essential to the success of forward-thinking organisations. To get the optimum benefit from this part of your business, you'll need an experienced team behind you.
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Human resources consulting
Depending on your needs, we can either manage your entire HR process or individual aspects of your strategy.
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Payroll
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Tax compliance
Tax is likely to have an impact on almost every business decision you make. Whatever your business’s specific needs, we respond quickly and devise solutions tailored to you.
Our Human Resource Solutions team helps organizations fine-tune their human capital for optimal performance. We support clients in all HR Dimension areas...
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Contents
By Victor Lando, Senior Associate at Grant Thornton.
The Kenyan VAT system includes specific provisions for taxing imported services. The VAT Act, 2013 (“VAT Act”) and to be specific Part IV, Place and Time of Supply, Section 10, covers matters related to VAT on imported services.
What Qualifies as an Imported Service?
Section 2 of the VAT Act, defines the term importation as follows:
"importation" means to bring or cause to be brought into Kenya from a foreign country, a special economic zone enterprise, or from an export processing zone.
To further understand how and when a service is deemed imported, the same section of the VAT Act provides the following conditions:
- The supply is made by a person who is not a registered person to any person;
- The supply would have been a taxable supply if it had been made in Kenya; and
- In the case of a registered person, the person would not have been entitled to the full amount of input tax payable if the services had been acquired by that person in a taxable supply.
It is thus important to have knowledge of the below:
- The Kenyan recipient (not the foreign supplier) accounts for and pays the VAT.
- It is treated as a self-supply, meaning the recipient acts as both supplier and recipient for VAT purposes.
- The standard VAT rate of 16% is applied to the service’s open market value or the consideration paid.