Doing Business
  Setting up:
Taxation :
Finance : 
Legal Framework :
Employee Relations:
Doing Business: General Business Information

Currency
The Kenyan currency unit is the Shilling divided into 100cents. International credit cards are accepted.
Bills: KShs.5, KShs.10,KShs.20, KShs.50,KShs.100,Kshs.200,KShs.500,Kshs.1000.
Coins: 5cents, 10cents,50 cents,KShs.1,KShs.5, KShs.10,KShs.20.
(KShs.100 = USD 1.250 = EUR 1.25 = JP¥ ) 2002 average

Office hours
Government offices operate on a five-day week while most private businesses are run on a six-day week. The official working hours are 8 a.m. to 5 p.m. on weekdays, with a one-hour lunch break. Sunday is not a working day.

Legal holidays

January 1:
New Year Day

May 1: Labour Day

June 1:
Madaraka (Independence)Day
October10: Moi day

October 20: Kenyatta Day

May 1: Labor Day

December 12: Jamhuri (Republic) Day

December 25: Christmas

December 26: Boxing day

Undated legal holidays

Easter holiday

Idd-ul- fitr

 

Visas

Visas are requested from Kenyan diplomatic and consular offices abroad.
Transit visa: 7 days.
Entry visa: valid for 3 months.
Residence permit: valid for 6 months
Citizens of the European Union, Japan, USA and Canada can obtain visas at the point of entry.

Tourist and Transit Visas
A visitor should be in possession of valid travel documents.

Customs
Personal effects may be imported duty free. The importation of firearms and game trophies is restricted, and pornographic literature is prohibited. Domestic animals and pets may be imported provided they have valid veterinary certificates. Plants require a phytosanitary certification.

Residence permit
For a stay in Kenya exceeding 6 months, one must obtain a residence permit that can be delivered during the first stay, valid for one year. It must be renewed each time the work contract is renewed. The permit renewal can be valid for five years , each time.

 

Foreign currency
Travelers are free to bring in, without limits to amounts, the means or ways of payment in foreign currency.
To take out again a hard currency that has been brought-in with an exchange value exceeding 1,000 Dinars, one must fill-out upon entering the Kenyan territory, a hard currency import statement, stamped by the Customs Service. This document is to be saved and presented when leaving Kenya.
The remaining unused hard currency can be taken out again without supporting evidence, for any amount less than a KShs.500,000. For larger sums, one must present a supporting evidence that this hard currency has been legally imported (customs statement and/or foreign exchange slip).

Personal belongings and passenger car
Any foreign person residing in Kenya because of business can import his personal belongings, his house furniture and a passenger car for personal use.
When cleared through customs, these personal belongings, house furniture and passenger car can be duty free or liable to rights and duties by means of phased payments. They may not be transferred neither in return for payment, nor free-of-charge before they are sorted out with the Customs Authority and a foreign trade license is provided, if the case arises.
The Kenyan tax law adapts advantages and procedures according to the beneficiary’s status.