Fiscal Guide 2012/13
Income tax
Business income

Income tax is charged on all the income of resident and non-resident companies, which has accrued in, deemed to be or is derived from Kenya. An entity will be regarded as resident in Kenya if it is incorporated under Laws of Kenya, if it is effectively managed and controlled in Kenya or if it is declared to be resident
in Kenya by the Minister by way of notice in the Kenya Gazette.

Official holidays
The following is a list of the public holidays observed in Kenya:
• 1 January (New Year’s Day)
• Good Friday
• Easter Monday
• 1 May (Labour day)
• 1 June (Madaraka Day)
• 20 October (Mashujaa Day)
• 12 December (Jamuhuri Day)
• 25 December (Christmas)
• 26 December (Boxing day)
• End of Ramadhan (Idd-ul-Fitr).