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HOW TO CALCULATE STAMP DUTY DURING COMPANY INCORPORATION IN KENYA

Stamp Duty is paid to the Kenya Revenue Authority. As you register your company, you need to complete a form (SD1) from the Kenya Revenue Authority. The original copy of the payment form will be retained by the person paying for presentation as evidence of payment to the Registrar for the purpose of processing the documents, but will be authenticated by the triplicate copy (green) copy.
As an administrative requirement, the KRA now requires the personal identification numbers (PINs) of all parties on whose behalf duty-stamped documents are submitted. Documents must be first assessed by the Stamp Duty Office before payment can be processed by the KRA-designated banks.
The amount payable is prescribed by the Cabinet Secretary responsible for Lands and Housing from time to time. At the moment, a stamp duty of 1% is payable upon the creation and increase of the authorized share capital. However, the amount is subject to bank charges and fixed charges.
If the company has an authorized share capital of Kshs 100,000, the stamp duty is calculated as:
STAMP DUTY
1% of nominal capital as declared in your Memorandum and Articles of Association.
+ KSh 2,040 + Bank Charges (currently 110)
Kshs 3150

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