REQUIREMENTS TO MAINTAIN A BENEFICIAL OWNERSHIP REGISTER

Introduction On 18th November 2020, the Attorney General vide Legal Notice No. 12 of 2020 published the Companies (Beneficial Ownership Information) Regulations, 2020 (the “Regulations”). These Regulations derive from section 93A of the Companies Act, 2015 (“the Act”) which makes…

DISCLOSURE OF BENEFICIAL OWNERSHIP OF KENYAN COMPANIES

In 2019, an amendment to the Companies Act, 2015 created an obligation for Kenyan companies to provide details of their beneficial owners to the Registrar of Companies. However, to give effect to the new disclosure requirements operating regulations were required.…

VOLUNTARY TAX DISCLOSURE PROGRAM.

The Finance Act 2020 (the Act), which was assented to by President Uhuru Kenyatta on 30th June 2020, introduced a wide range of tax and other measures aimed at raising additional revenue for the financial year 2020 Among the measures…

Recent Significant Tax Decisions

In this newsletter we review several landmark tax cases our litigation team have successfully argued and highlight how each decision has brought clarity to Kenya’s business sector. Download the newsletter . Kaplan&Stratton – Read More

MINIMUM TAX.

On 30th June 2020 the president of Kenya assented the Finance Act, 2020. One of the key changes was on the corporation tax with the introduction of the minimum tax regime. The minimum tax payment is 1% of the gross…

Alternative Justice System Policy

In an effort to breakdown conceptual structures of legal practice and thought adopted from our colonial and post-colonial contexts– Chief Justice David Maraga, on 28th /Aug/ 2020, launched the Alternative Justice System (AJS) Policy which is aimed at enhancing access…

Recognition and enforcement of international arbitration awards in Kenya

Most arbitration practitioners would agree that one of the most crucial aspects of the arbitration process is the recognition and enforcement of the arbitral award, wherein the courts in the jurisdiction of implementation grants the issued award the authority and legitimacy analogous to that of a judgment rendered in a court of law and capable of execution in the said jurisdiction.

K&S RECEIVES MULTIPLE AFRICAN LEGAL AWARDS

We are delighted to announce that Kaplan & Stratton received multiple Africa legal awards at the inaugural IFLR Sub-Saharan African Awards and the African Legal Awards. For more details click here. Kaplan&Stratton – Read More