An agreement for Sale is a legally binding document that outlines the agreed upon terms of the buyer and seller of a property or in a real estate transaction. It defines the purchase price and other details of the transaction and is executed by both parties.
Real Estate
Landlords in Kenya are required to account for tax on rental income either on monthly basis or annually depending on the nature of the rental income received.
It is not uncommon for a person selling or purchasing land or an apartment to get surprised that over and above the actual cost of the property that they intend to sell or purchase, other attendant costs arise which must be settled before they can complete the transaction.
It is not uncommon for a person selling or purchasing land or an apartment to get surprised that over and above the actual cost of the property that they intend to sell or purchase, other attendant costs arise which must be settled before they can complete the transaction.
It is not uncommon for a person selling or purchasing land or an apartment to get surprised that over and above the actual cost of the property that they intend to sell or purchase, other attendant costs arise which must be settled before they can complete the transaction.
Withholding tax is a retention tax that requires the payer of certain incomes to deduct tax at source from payments made and remit the deducted tax to Kenya Revenue Authority (KRA). The withholding tax rate varies depending on the nature of the income earned and on whether one is a Kenyan resident or a non- resident.