Investment Based Crowdfunding Regulations – 2021

The recent publication of the Draft Capital Markets (Investment Based Crowdfunding) Regulations 2021 (the “Regulations”) by the Cabinet Secretary for the National Treasury is a welcome response to the long awaited need for the regulation of the fintech market in Kenya. Crowd funding refers to the act of raising small amounts of money from a […]

Tax Alert Digital Service Tax Already in Effect

The Income Tax (Digital Service Tax) Regulations 2020 (DST), introduced by the Finance Act 2020, became effective 6 months ago, from the 2nd day of January 2021  WHAT IT IS DST is a tax payable at 1.5% on gross transaction value on income derived from Kenya from provision of services through a digital market place. […]