Africa & Indian Ocean · East Africa
Kenya
East Africa's deepest capital market and, on the numbers, a substantially territorial tax system with no CFC rules — attached to demonstrated fiscal volatility and a citizenship route that may cost you your existing nationality.
Tax position
- Income tax (top)
- 35% (above KES 9.6m)
- Capital gains
- 15%
- Wealth tax
- none
- Inheritance tax
- none — Estate Duty abolished in 1982
- Special regime
- Substantially territorial in practice — the Revenue Authority's position is that income is taxable only if accrued in or derived from Kenya, and foreign dividends, interest and capital gains of a resident individual fall outside the charge. But this rests on KRA practice and Tribunal rulings against a broadly worded section 3(1), not on codification. Nairobi International Financial Centre: 15% corporate tax for 10 years then 20%.
- Territorial
- Yes — foreign-source income generally outside scope
- CFC rules
- No
- Exit tax
- No
- CRS
- Participating
Is Kenya actually right for your family?
We will tell you if it is not. That is the whole service.