Taxation Services

Expert tax solutions to ensure compliance and optimize your tax position

At Afribiz Consultancy, we understand that navigating the complex landscape of tax laws can be challenging. Whether you're an individual, a small business, or a large corporation, our Taxation Services are designed to ensure that you remain compliant with all tax regulations while minimizing your tax liabilities. Our team of experienced tax professionals offers expert advice and solutions that help you manage your taxes efficiently and effectively.

Our Taxation Services Include:

1). Tax Planning and Advisory:

  • Tax Strategy Development: We assist businesses and individuals in developing tax strategies that align with their financial goals. Our tax planning services help identify opportunities to minimize tax liabilities and ensure that your tax strategy is in line with your business objectives.
  • Corporate Tax Planning: We provide tailored tax advice to corporations, helping them understand their tax obligations, optimize their tax positions, and plan for future growth and profitability.
  • Individual Tax Planning: We help individuals manage their personal tax affairs, offering strategies that reduce tax burdens and ensure compliance with tax laws.

2) .Tax Returns Filing and Compliance:

  • Income Tax Returns (Corporate and Personal): We ensure that all income tax returns are prepared and filed in compliance with Kenyan tax laws, including individual and corporate tax returns.
  • VAT (Value-Added Tax): Our team assists businesses in managing VAT-related matters, including VAT registration, compliance, and filing of returns. We ensure that VAT is calculated accurately and that businesses meet all reporting deadlines.
  • PAYE (Pay-As-You-Earn): We handle the preparation and submission of PAYE returns for businesses, ensuring that employees' tax liabilities are correctly calculated and paid on time.
  • Tax Filing Deadlines: We make sure that your tax returns are filed before the statutory deadlines, preventing penalties and interest charges for late filing.

3). Tax Audits and Dispute Resolution:

  • Tax Audits Assistance: In case of tax audits by the Kenya Revenue Authority (KRA), we offer support throughout the audit process. We help prepare the necessary documentation, respond to KRA inquiries, and ensure that your business complies with tax regulations.
  • Tax Dispute Resolution: If your business faces tax disputes or assessments, we offer expert advice on how to resolve these issues. We represent your interests in negotiations with KRA and help reduce the risk of penalties or unfavorable tax rulings.
  • Appeals and Reviews: If your business disagrees with a KRA tax assessment, we assist in preparing and filing tax appeals, representing you during the review process, and ensuring that your case is presented effectively.

4). Transfer Pricing Services:

  • Transfer Pricing Compliance: We help multinational companies comply with Kenyan transfer pricing regulations. This includes preparing transfer pricing documentation, ensuring compliance with local laws, and minimizing the risk of disputes with tax authorities.
  • Transfer Pricing Studies: Our experts conduct transfer pricing studies to determine appropriate pricing for transactions between related parties, ensuring that prices reflect market conditions and comply with tax laws.

5). Tax Consultancy for Startups and SMEs:

  • Business Structure Tax Optimization: We help startups and small businesses select the most tax-efficient business structure, whether it's a sole proprietorship, partnership, or limited company, ensuring they minimize their tax exposure from the start.
  • SME Tax Compliance: We assist small and medium-sized enterprises (SMEs) in understanding and meeting their tax obligations, including registration with KRA, filing of tax returns, and ensuring compliance with all applicable tax laws.

6). Indirect Taxes:

  • Excise Duty: We provide guidance on excise duty compliance for businesses in industries subject to this tax, including the preparation and filing of excise duty returns.
  • Customs and Import Duties: For businesses involved in international trade, we offer expert advice on customs duties, import taxes, and international tax regulations, ensuring that businesses comply with the relevant laws when importing goods.

7). Capital Gains Tax:

  • Capital Gains Tax Advice: We provide businesses and individuals with advice on the taxation of capital gains, including the sale of property, shares, or other assets. We help structure transactions in a tax-efficient manner to minimize liabilities.
  • Property and Asset Sales: If you're selling property or other capital assets, we assist in calculating the capital gains tax due and ensuring that all required filings are completed on time.

8). Tax Incentives and Exemptions:

  • Tax Exemptions: We advise businesses and individuals on available tax exemptions, including those for charitable organizations, educational institutions, and certain industries such as agriculture or manufacturing.
  • Investment Incentives: We guide businesses on how to take advantage of tax incentives for investment, such as tax holidays, deductions, and credits offered by the government to encourage growth in specific sectors.

9). Tax Representation:

  • Representation Before Tax Authorities: We represent businesses and individuals in dealings with KRA and other relevant tax authorities. This includes responding to queries, negotiating tax positions, and advocating on your behalf during audits or disputes.

Why Choose Afribiz Consultancy for Your Taxation Needs?

Expertise and Experience

Our team of tax professionals has in-depth knowledge of Kenyan tax laws and international taxation standards. With years of experience, we offer valuable insights and practical solutions to help you optimize your tax position while remaining compliant with regulations.

Comprehensive Tax Services

We offer a full range of tax services, from planning and filing to audit support and dispute resolution. Whether you're an individual, SME, or multinational corporation, our services are designed to meet your unique needs.

Tax Optimization

We focus on helping you minimize your tax liabilities by identifying opportunities for tax savings, leveraging tax exemptions, and advising on the most tax-efficient strategies for your business.

Timely and Accurate Filing

We ensure that all your tax returns are filed accurately and on time, avoiding penalties, interest, or tax disputes with the Kenya Revenue Authority (KRA).

Personalized Approach

We take the time to understand your business or individual tax situation and offer tailored advice that aligns with your financial goals. Our personalized approach ensures that your tax strategy is both effective and sustainable.

Confidentiality and Trust

We prioritize confidentiality and integrity in all our dealings. You can trust us to handle your tax matters discreetly and professionally, with the utmost attention to detail.

Get Started with Taxation Services Today!

Managing your tax obligations can be complex, but with Afribiz Consultancy on your side, you can rest assured that your taxes are in good hands. We provide proactive and efficient tax services that help you save time, reduce liabilities, and stay compliant with all regulatory requirements.

Contact us today to discuss your tax needs and how we can assist you in navigating the tax landscape with ease and confidence.

Contact Us Today