Conclusion

The Kenyan government has an enormous task to ensure it fosters an environment that attracts and allows businesses to thrive, this will include removal of unnecessary regulatory, transactional and administrative hurdles in doing business.

Government continues to adopt a very bold and ambitious approach to reforming the business environment i.e. simplified systems and regulatory reforms that will increase compliance and result in higher revenue collection.

PwC will continue to monitor and engage government from a private sector perspective for more compliance initiatives to streamline compliance processes. Please contact your regular advisor for precise information on the implementation of this Amendment Order.