+254 780 802 211
info@famanconsultants.com
Nkrumah Rd. Mombasa
Faman & Company Consultants Limited is a Kenyan advisory firm which specializes in providing sincere, effective and efficient business solutions to all types of business or clients.
Our Core strength lies in the combination of personal advice at a local level with the general expertise of an international and interdisciplinary network of professionals.
We can help to put your business on the path to growth, expansion, and higher profits
Taxes can be stressful and confusing, but our consultants make it easy to sort all your tax needs
Our experts are proficient in advising on financial reports, risk management initiatives and assurance concerns.
Our team is well-versed in selecting and implementing various financial planning solutions.
Our expertise manage payrolls to help you turn your fixed overhead costs into a variable cost structure.
Our team guide your business through the preparation and filing of tax declarations and maintaining accounts.
Our aim is to help you keep on top of the risks and opportunities arising from changes in the law,
Our expertise offer financial statements and expenses overviews that gives actionable insights to grow your business.
We bring a systematic approach to evaluate the effectiveness of risk management and governance processes.
We provide and install any type of business management system for client
Multinational tech companies have also announced that they will begin applying a standard 16% Value Added Tax [VAT] on electronically supplied services such as streaming movies on Netflix or listening to music on Spotify , as the government looks to tap into the growing digital market in the country.
Read MoreFirst among the taxes is the 20% Excise Tax on transactions between mobile wallets and banks. Banks have already started charging the tax in addition to the reintroduction of fees on mobile-to-bank transactions and vice versa.
Read MoreThe Kenya revenue Authority [KRA] has appealed to the supreme court to overturn a lower court ruling that blocked the implementation of a mandatory 1% gross turnover minimum tax. The minimum tax is a flat tax that applies to companies that have a turnover of less than sh5 million per year.
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