Regulatory Alerts2017-01-01
Circular No. CMA/MRT/003/2017: Raising Awareness on Tax Incentives for Capital Markets Activities
The Capital Markets Authority requires all stockbrokers, investment banks, and related entities to publish information on existing tax incentives on their websites to encourage potential listings on the Nairobi Securities Exchange. This circular provides a comprehensive annex detailing specific tax benefits for both issuers and investors, ranging from preferential corporate tax rates to exemptions on stamp duty and VAT for various financial instruments. These measures are designed to enhance the attractiveness of the Kenyan capital markets by simplifying access to fiscal incentive information for market participants.
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