There is a maxim of law which states, “The word is not the thing it represents but gets its meaning from its use” Early this week, I made a request to a company selling “Affordable housing” and I did receive a quotation of Kshs. 66,000.00 per Square Metre! In other words, a simple 3 Bedroom [...]
Over the past few weeks we have had a look at the Taxation Regime in Kenya and its relation to Real Estate Development. This is the last deposit of the 6-Part- Series. We trust our readers have gained a deeper insight on the ensuing issues. The First Part of the Series can be read HERE. [...]
Once the Developer has finished the Construction of his infrastructure project, there are taxes and costs that accompany the privilege of Ownership. I have also included in this dialogue the administrative costs the Developer incurred in undertaking the Construction project e.g. the Single Business Licence. In any case, such costs are usually passed to the [...]
We shall briefly examine the various taxes and costs involved in the actual Construction Process after the project has been designed and documented. You can read the other parts of the 6-Part Series of Posts on Taxes in Kenya by clicking the links summarized below this post. Construction Costs/Taxes These costs are incurred in the [...]