How to verify a Tax Compliance Certificate in Kenya

Tax compliance has become one of the major requirement for businesses to trade in Kenya. To subscribe to tenders and business opportunities, business and their directors need to be tax complaint.

A Tax Compliance Certificate shall be issued to taxpayers who are compliant with the tax obligations as per the tax laws. These obligations are:-

  • Filing of tax returns for the registered tax obligations
    Payment of the assessed taxes
    Declaring the correct income.

Before checking for your tax compliance, you must apply for it through the Kenya Revenue Authority (KRA). Once you apply, a number will be assigned to you that you can use to check the status of your tax compliance.

To verify or check tax compliance, KRA provides a tool called the Tax Compliance Certificate Checker which allows you to confirm the validity of a Tax Compliance Certificate (TCC).

The tool can be used even by third parties to confirm the tax compliance of a business or individual.

How to Effectively Write a Classified Ad on Biashara.co.ke

Biashara.co.ke is a free online classifieds website that allows its registered users to advertise their products and services with the click of a few buttons.

When you create an ad on biashara.co.ke, you instantly create a unique business profile that guarantees that you could be someones next call. A call that could make a difference for your business.

While the registration and ad posting process is flawless, we have left it up to to the creativity of the seller to create an ad that will capture the attention of buyers on the website and straight from search engines such as Google. This is however not always the case. We have witnessed some few mistakes that people are making when creating their ads. Here are a few pointers that we will help your products and services easy to discover.
1. Ad Title & Keywords
The title is the voice of your ad. A title should be short and to the point. Limit the number of words to around 7 words that make up a sensible statement with strong ‘Keyword’ about your product and service. We have found it important when a seller tries to emulate a buyer and ask themselves questions. What would the buyers search for when they want a service or product like yours? How would they phrase the search? Which words would they use? Simply put, you need to know your audience or target market. Don’t forget, the title has to be appealing.

2. Description
The description or body of the ad listing is where you put all the important details about your product or service. Buyers want the finer details and expect you to address any frequently asked questions in brief about your ad listing. Other than the meta information such as the mobile number and address which you will have given during the ad admission, you can also include any other contact information in the description. You aim is to create interest and have the buyers call you up or write you an email.

3. Tags
Tags are words and keywords that are general to your advertisement. Tags can also uniquely categorize your ad to other similar ads on the platform. Ensure that you don’t leave out this part even if it is optional. If however you plan to tag your ad with a word that does not relate to product or service please don’t include it at all.

4. Image
We had the voice earlier at point number one and now we have the face of the ad. Ads that have relevant images attached to them are more likely to be viewed by users on the platform. This applies almost everywhere on the internet. On Biashara.co.ke, you are allowed up to 10 images for each listing. Don’t waste it. Say cheese and upload as much as you can.

5. Share
Wherever you have a profile, be it on your website, Facebook, Twitter or even Google+, you can share the classified ad with your friends and followers. Social media is a great way to get leads that often translate to sales. Don’t be shy, you can also forward the link on chat applications such as Whatsapp. Let people know you mean business.

This has been two minutes worth of your time. Make it count by looking following those steps. Also, keep reading everywhere to get ideas of how you can get the best out of your classified ad(s) on Biashara.co.ke.

How to Register a Limited Company in Kenya

The process of registering a Limited company in Kenya will usually take a minimum of 7 days with all the proper documents provided.

The following steps and process will usually be taken into consideration when getting started.

Name Search & Reservation

The first step to registering a business in Kenya is conducting a business name search that will cost around Kes. 600 and in the event that it is available reserving it for registration. This should be done with regards to the law in writing and accompanied with the prescribed fee.

Fees is dependent on the nominal share capital of the company. The average cost is Kes. 35, 000.

Documents

Documents for incorporation of a company (i.e. memorandum and Articles of Association) should be drawn by a lawyer, who should submit the same to the Registry together with the prescribed forms and fees. These forms are obtainable at the Registry.

Applicants who are willing to register a Private company would need to fill in the following forms.

Form 203 – Particulars of Directors and Secretaries.
Form 201 – Notice of situation of Registered Office.
Form 208 – Declaration Of compliance.
Statement of Nominal Share Capital form.

Download forms

On the other hand, applicants who are willing to register a Private company would need to fill in the following forms.

Form 209 – Consent to act as Director of a company.
Form 210 – List of persons who have consented to act as directors.
Form 212 – Declaration that the provisions of sec. 111(2) b have been complied with Statement in lieu of prospectus.

Download forms

Company Secretary

All companies must appoint a qualified certified public secretary as company secretary to act as the manager of the private or public company.

Company Seal

A company seal is an official stamp for companies. You can buy this from many places such as Seal Honey. Also check classified website for sellers, some of whom will deliver directly to your place of business or home.

For a fee, these online consultation websites for business registration in Kenya will handle the process for you