Alert: Transfer of Registration of Trusts from Ministry of Lands, Public Works, Housing and Urban Development to Business Registration Service (BRS)
The registration of trusts in Kenya is regulated by the Trustees (Perpetual Succession) Act. Recent amendments to this Act, introduced through the Statute Law (Miscellaneous Amendments) Act 2024 that was signed by President William Ruto on April 26, 2024, have brought about a significant change to improve the functionality and governance of trustee operations.
Affidavits in Kenya
An affidavit is a formal written statement of fact, declared to be true by the person making it.
Overview of the Computer Misuse and Cybercrime (Critical Information Infrastructure and Cybercrime Management) Regulations, 2024
Vide Legal Notice No. 44 of 2024, the Ministry of Interior on 11th April 2024 confirmed that the National Assembly had approved the Computer Misuse and Cybercrime (Critical Information Infrastructure and Cybercrime Management) Regulations, 2024 (the Regulations).
Amendments to the Trustees (Perpetual Succession) Act Cap 164
The Trustees (Perpetual Succession) Act is a vital piece of legislation that provides for the incorporation of trusts, ensuring the perpetual succession of property.
Basics of Estate Planning: Wills and Trusts
This is the legal process of anticipating and arranging for the disposal of the property of a deceased person (“Estate”)
Setting Up a Trust in Kenya
Estate planning entails the process of disposal of one’s assets in a structured manner that goes beyond the determination of who will benefit from the property.
Protecting Your Intellectual Property
Technological change remains one of the most important advancements affecting businesses both negatively and positively.
The Place Of Effective Management And Taxation Of Multinational Companies In Kenya
The Tax Appeals Tribunal (the ‘Tribunal’) in Tax Appeal No. 65 of 2023 involving M-KOPA LLC [C/o M-KOPA KENYA LTD] (the ‘Company’), has upheld the principle that a foreign company can be considered a tax resident under Kenyan income tax laws if the Kenya Revenue Authority (KRA) proves that management and control of the Company’s affairs occurred within Kenya during the relevant taxing period.
Need a Tax Break? Consider Tax Reliefs, Amnesty, Waiver or Exemptions
While taxes are the other sure thing in life alongside death, they play a vital role in society.
Essential Elements of an Employer/Employee Relationship
At the heart of every workplace lies the intricate bond between an employer and an employee.