Event report
Investment Landscape and Opportunities in Kenya.
Webinar in partnership with our selective provider Anjarwalla & Khanna | ALN Kenya and the French Chamber of Commerce in Mauritius.
On the 11th of July, we, in partnership with our selective provider Anjarwalla and Khanna ALN Kenya, held a timely and worthwhile webinar on the Investment Landscape and Opportunities in Kenya. Daniel Ngumy, Managing Partner and head of Tax Department at ALN Kenya, gave an insightful breakdown of the process and options available to Mauritians looking to invest in Kenya. This culminated in an informative Q and A session handling among other issues, Double Tax Agreements and land ownership.
At a time when investment opportunities exist globally, what makes Kenya an attractive business destination? Kenya is an entry point and gives access to East African countries under the EAC, as well other African countries. Furthermore, requirements for setting up a company in Kenya are precise and duration for the same as brief as two weeks. Here are three options to consider when investing in Kenya:
- Setting up a local subsidiary.
- Creating a branch of a foreign company with no separate legal identity.
- Acquisition of an existing business through asset sale or share sale.
Our members also gained insight on matters tax and optimization covering the entire cycle of foreign investment: entry, during and exit. A detailed business investment guide was given as a parting gift.
