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COSTLY VAT MISTAKES
A value-added tax (VAT) is a consumption tax that taxes the value added by business operators at each point in the value chain. VAT exists in over 165 countries in the world and currently raises about...
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RAISING FUNDS THROUGH CROWDFUNDING: OPPORTUNITIES AND CHALLENGES
Crowdfunding is the practice of raising finance through a large number of persons who individually contribute relatively small amounts of money to support a business venture, or projects across various fields. Typically carried out through internet...
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MANAGING CYBERSECURITY RISKS
Organized crime has now moved into the digital age. It is forecast that the global cost of cybercrime may reach as much as USD 6 trillion annually by 2021. Cybercrime costs include the destruction or...
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KENYA AT A GLANCE
Kenya is the largest and most developed economy in the East African region. Its nominal GDP stood at USD 89.6bn in 2018, 3rd in sub-Saharan Africa. Kenya’s strategic location, rapidly improving infrastructure, and membership of regional economic...
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MANAGING PERMANENT ESTABLISHMENT RISKS
Permanent establishment (PE) is one of the core principles used by a jurisdiction in order to determine whether a business has sufficient activity on its territory to create a taxable presence. With the substantial number of businesses trading...
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THE FINTECH REVOLUTION: RESHAPING THE COMPETITIVE LANDSCAPE
Rapid advances in technology and connectivity combined with the near ubiquity of mobile devices are transforming the way financial services are delivered and accessed. Innovations in Fintech are leading to the redesign of several financial products and services,...
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