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REGISTERED OFFICE SERVICES

REGISTERED OFFICE SERVICES IN NAIROBI AND MOMBASA There is increased use by businesses, both foreign and local of registered office services by third party service providers. The sought after registered office addresses in Kenya are in Mombasa and Nairobi. Registered office address services allow a business, during company registration and thereafter provide a local office and postal address. A Mombasa…

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Substance Over Form

Of offshore investments There is a clamor by countries and various tax authorities to pick into the minds of tax planners’ imaginations. They are looking for “substance.” Recent leaks, the Pandora Papers, the Panama Papers, etc have shown that businesses and individuals continue to rely on “offshore” or “non-resident” structures to reduce or defer taxes to improve returns for investors.…

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REVIEW OF THE PUBLIC FINANCE MANAGEMENT ACT, 2021

Introduction The principal purpose and objective of the Public Finance Management Act, 2012 is to ensure that public finances are managed at both the national and the county levels of government in accordance with the principles set out in the Constitution which in turn facilitate effective and efficient use of limited resources; to ensure the public officers who are given…

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RETENTION OF TITLE ACCORDING TO THE KENYAN LAW

  Introduction Retention of title is a stipulation on a contract of sale that the right of ownership of the goods shall not pass to the buyer until the buyer has paid the seller in full or has discharged all liabilities owing to the seller. At its simplest, a retention of title clause is a provision in a contract which…

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REVIEW OF THE LAW OF SUCCESSION (AMENDMENT) ACT 2021 LAWS OF KENYA

Introduction On 17th November 2021, the President signed into law the law of succession (Amendment) Bill, 2019 (Now the Law of Succession (Amendment) Act 2021. The new Act amends certain provisions of the Law of Succession Act, 1981 CAP 160 and introduce new amendments as discussed below. The intention of the amendment is to avoid situations where opportunistic schemers successfully…

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FIRE CLEARANCE CERTIFICATES FOR BUSINESS PREMISES

FIRE CLEARANCE CERTIFICATES FOR BUSINESS PREMISES Any premise, despite its purpose, is prone to fire. The Occupational Safety and Health Act 2007 of the Laws of Kenya (the Act) was formulated to provide for the safety, health and welfare of workers and all persons lawfully present at workplaces. The Act provides for fire prevention, precautions in places where dangerous fumes…

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