Interp retati on act 18 of 1986 2 1 in this act, unless the context otherwise requires. Income of the nssf fund this will result in reduction of amounts payable. Nongovernmental organizations coordination regulations 1992. Winding up under insolvency act, 2015 the lex jotter. Finance act 2014 chapter 26 contents p art 1 income tax, corporation tax and capital gains tax c hapter 1 c harge, rates etc income tax 1 charge, rates, basic rate limit and personal allowance for 201415 2 basic rate limit for 201516 and personal allowances from 2015.
For registration of a company whose membership as stated in the application form for registration does not exceed exceeds 100 15,000 4. The employment act 2007 also known as the chapter 226 of the laws of kenya repealed the former employment act and the regulation of wages and conditions of employment act chapter 229 of the laws of kenya. Amends the kenya citizenship and immigration act, 2011 no. This digital book is based on the companies act 20 18 of 20, the companies amendment act 2015 21 of 2015 and companies amendment act2017 1 of 2018, companies amendment act 2019 20 of 2019 along with latest notified rules, circulars, notifications and orders by the ministry of corporate affairs from time to time till 4th. Constitution is void to the extent of the inconsistency, and any act or omission in contravention. The employment act, chapter 226 of the laws of kenya 2007. Limited liability partnership act no 42 of 2011, section 16 hereinafter llp act. The companies act, 2015 has introduced and codified the general common law duties and equitable principles of a director in the act. Companies act, 2015, the attorney general makes the following regulations. Be it enacted by parliament in the sixtysixthyear of the republic of india as follows. Short title this act may be cited as the national construction authority act, 2011.
All other parts and sections were to come into operation upon a gazette notice by the cabinet. Firstly you can quickly get a pdf version of the piece of legislation that you are. May 2020 edition of my ebook on the companies act, 20 is available for sale from may 4, 2020. The companies act cap 486 laws of kenya company limited by shares. New laws to improve kenyas business environment ministry. Laws of kenya the microfinance act, 2006 note this edition incorporates amendments up to 1st january, 2014 printed and published by central bank of kenya for internal use only. Duties of the board of directors under the kenyan companies. Regulation 47 of the principal regulations is amended a in sub regulation 1 by inserting the word certified immediately after the word.
The act is aimed at establishing special economic zones that. The new companies act is aimed at revolutionising business in the country by removing various preexisting legislative stumbling blocks to doing business in kenya. Growth factor in shareable revenue from previous year 2014 201415 201516 average shareable revenue 936 1,038 1,185 % growth 20. Pwc kenyas budget bulletin provides insight and balancing act. The cabinet secretary for industrialisation, adan mohamed, said that the day when president uhuru kenyatta signed 4 bills into law the companies. Service means the kenya wildlife service established under section 6 of this act specimen means a portion of quantity of wildlife material. During this interpretive process, kenyan courts have encountered sections of legislation. This act may be cited as the protection against domestic violence act, 2015. Republic of kenya kenya gazette supplement acts, 2015 nairobi, 15th september, 2015 content act. A statement from kenyattas office said the new acts include the companies act, the insolvency act and the special economic zones act, the business registration service, the companies and insolvency legislation consequential amendments act 2015 and finance act amendments 2015.
Government of kenya 2015, second national communication, page 172. Productio n act cap 308 laws of kenya, 1986, enacted by the parliament of the republic of kenya, agreements, in the form of production sharing contracts, may be entered between the government and capital investors. This act may be cited as the national hospital insurance fund amendment act, 2015. Partnerships, kenya law resource centre available at. President uhuru kenyatta on friday assented to several business bills geared to make the economy more business friendly. In these regulations, unless the context otherwise requires director means the executive director appointed under section 51 of the act. Please be informed that kebs, the kenya bureau of standards, has confirmed that preshipment inspection and issuance of certificate of conformity has been expanded to cover almost all finished products imported into kenya, the only exception is made for. Links provide access to primary documents, legal commentary, and general government information about specific jurisdictions and topics. Deloitte kenya tax alert tax laws amendment bill 2020. Amounts paid or receivable in which period to be shown.
Access both online and pdf versions of all ey global tax alerts. The government is also setting up structures to ensure that the pending vat refunds are fasttracked. The employment act 2007 also known as the chapter 226 of the laws of kenya repealed the former employment act and the regulation of wages and conditions of employment. Additional tax benefits for investors in sez the special economic zones sez act was enacted in 2015. It is not clear how the 201516 figure was calculated, as the 201516 national accounts are still being audited. An act of parliament to establish the kenya national qualifications authority.
Partnerships act no 12 of 2012, s 2 hereinafter pa. Mar 22, 2016 winding up under insolvency act, 2015 members voluntary liquidation under the insolvency act, 2015 the insolvency bill was assented to by the president on 11 th september 2015 and will come into operation on such date as the cabinet secretary may direct by notice in the kenya gazette. New rules for intellectual property business as companies. The general duties however will continue to be applied and interpreted in the same way as the corresponding common law rules and equitable principles. National construction authority act kenya investment authority. Superiority ofact part ii incorporation and registration of companies 6. May 04, 2020 companies act in pdf is available for students and professionals. The companies act, 2015 was assented by the president on 11 th september 2015 with only section 2 of the act coming into operation on the date of gazettement on 15 th september 2015. Thus, signature is an act whereby kenya has expressed its. For registration of a company whose membership as stated in the application form for registration does not exceed exceeds 25, but does not exceed 100 7,500 3. Current as of june 2019 download print version in pdf this section describes. As is the case in many developing countries, kenya has selected to operate a production sharing system where a private oil company is responsible for oil exploration and. Summary on kenyas petroleum bill 2015, the associated model. Customs and international trade the budget increased import duty.
The tax laws amendment bill, 2020 was published on 30 march 2020. The companies act 2006 amendment of part 17 regulations 2015. Ac and ite shlo bum selfdeclaration form as prescribed under the leadership and integrity act, 2012. It is not clear how the 2015 16 figure was calculated, as the 2015 16 national accounts are still being audited. Chapter 446 the state corporattons act commencement. Interpretation in this act, unless the context otherwise requires. An act of parliament to provide for the establishment, powers and. May 16, 2016 in view of the fact that export taxes can be important policy tools for african countries to promote local valueaddition and develop local industries we need to ensure that kenyas petroleum bill 2015, the associated model production sharing contract pscbill 2015 supports kenyas move away from being an exporter of cheap raw materials. The microfinance act, 2006 2 the microfinance act, 2006 no.
Procedures act, 2015, miscellaneous fees and levies act, 2016 and the kenya revenue. Short title this act may be cited as the state corporations act. These rules may be cited as the factories firstaid rules, 1977. Incorporated in kenya under the companies act chapter 486, laws of kenya registration number c. Community based waste management and recycling enterprises in.
Get employment act 2007 pdf corporate staffing kenya. The petroleum exploration and production act of 1986 chapter 308, revised edition 2012 currently governs exploration and production in kenyas petroleum sector. In view of the fact that export taxes can be important policy tools for african countries to promote local valueaddition and develop local industries we need to ensure that kenyas petroleum bill 2015, the associated model production sharing contract pscbill 2015 supports kenyas move away from being an exporter of cheap raw materials. Organization means a nongovernmental organization as defined in section 2 of the act. Members voluntary liquidation under the insolvency act, 2015. Summary on kenyas petroleum bill 2015, the associated. The access to government procurement opportunities agpo program is founded on the the constitution of kenya, 2010 article 227 on the fair equitable, transparent and costeffective public procurement of goods and services, the constitution of kenya, 2010 article 55 on affirmative action and the public procurement and asset disposal act, 2015. This act may be cited as the state corporathns act.
Growth factor in shareable revenue from previous year 2014 201415 2015 16 average shareable revenue 936 1,038 1,185 % growth 20. On september 11th, 2015 president uhuru kenyatta assented to the companies act 2015, and set the kenyan record for adopting the most voluminous law in the. See section l arrangement of sections section part ipreliminary provisions lshort title and commencement. The microfinance act, 2006 4 an act of parliament to make provision for the licensing, regulation and supervision of microfinance business and for connected purposes. Mar 19, 2015 partnerships act no 12 of 2012, s 2 hereinafter pa. Th ese ru l sm ay b c itdm p rtio ns and d ng, assessment and registration rules, 2014. We organize trainings for the board of directors on the kenyan companies act, 2015. An act of parliament to give effect to article 227 of the constitution. The companies amendment act, 2015 linkedin slideshare. Kenyas intended nationally determined contribution indc the paris agreement n 12th december 2015. The registered office of the company will be situate in kenya. The insolvency bill was assented to by the president on 11 th september 2015 and will come into operation on such date as the cabinet secretary may direct by notice in the kenya gazette.
All other parts and sections were to come into operation upon a gazette notice by the cabinet secretary responsible for company matters, the attorney general. Acts carried out for the commission of a terrorist act in foreign states. In addition, the cs has extended the declaration period to 30 june 2018. Watamu community solid waste management and recycling enterprises serves as an example of successful cooperation between community. This guide to law online kenya contains a selection of kenyan legal, juridical, and governmental sources accessible through the internet. The regulations contained in table a of part i in the first schedule to the companies act such table being hereinafter called table a shall not apply to the company except so far as expressly incorporated herein.
This week president kenyatta pictured above signed into law the companies bill 2015 that does away with the companies act chapter 486 of the laws of kenya which is an archaic piece of legislation dating back to 1948. An act of parliament to amend and consolidate the laws relating to insurance and to regulate the business of insurance and for connected purposes. In kenya, the relationship between an employer and employee is governed by the employment act 2007. The public procurement and asset disposal act, 2015 public. These regulations may be cited as the nongovernmental organizations coordination regulations, 1992. This act may be cited as the microfinance act, 2006 and shall come.