Kenya Investment Authority (KenInvest)
Kenya Investment Authority (KenInvest) is a statutory body established in 2004 through an Act of Parliament (Investment Promotion Act No. 6 of 2004) with the main objective of promoting investments in Kenya.
It is responsible for facilitating the implementation of new investment projects, providing after care services for new and existing investments, as well as organizing investment promotion activities both locally and internationally.
The core functions of KenInvest include; Policy Advocacy; Investment Promotion; Investment Facilitation which includes Investor Tracking and After Care Services
KenInvest continuously provides quality services on a wide array of areas to investors. These include:
- Assistance in obtaining any necessary licenses and permits,
- Assisting in obtaining incentives or exemptions under the Income Tax Act, the Customs and Excise Act, the Value Added Tax Act or other legislation,
- Providing information to investors on the business climate, operating rules, investment opportunities and sources of capital, and
- Liaison with other government agencies for the issuance of additional licenses and approvals not directly handled by the Authority.
- Issuance of Investment Certificate, that facilitates immediate start of a business,
- Provision of After Care services, and Continuous liaison with other stakeholders who interface with investors in their day-to-day operations with an ultimate aim of improving the investment environment and to make it easier to do business.