KKCO East Africa LLP

Our CEO, Ni**od Kurgat, and Partner, Audit Joshua Waweru, recently met Arvind Malia, Partner at N. R. Doshi & Partners, Dubai.
They discussed the economic situation in Kenya and explored various opportunities to increase cross-border collaboration to better support their clients.
We're excited about the positive impact of these connections and encourage all members to build valuable relationships globally.
DFK International N. R. Doshi & Partners

Arvind Malia, Partner at N. R. Doshi & Partners, Dubai, recently met with Ni**od Kurgat and Joshua Waweru from KKCO East Africa LLP in Nairobi.

The representatives from our two member firms discussed the economic situation in Kenya and explored various opportunities to increase cross-border collaboration to better support their clients.

We look forward to seeing the positive impact generated by these connections and encourage all our members to continue building valuable relationships across the globe.

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✨🎙️ Unveiling the KKCO Podcast: "Beyond Numbers by KKCO"—where we decode the data, share captivating stories, and uncover the insights that shape our world. Get ready to explore the stories behind the stats, the voices behind the figures, and the inspiration beyond the numbers.

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Thank you for attending our webinar on "Empowering Non-Profits: The PBO Act Explained"!🙏
We appreciate your participation and hope you found it insightful.

📢 Missed it or want to revisit the content? You can find the webinar recording on https://kkcoeastafrica.com/

Under the PBO Act, it is an offence punishable on conviction by a fine not exceeding Kshs. 300,000 or imprisonment not exceeding two years, or both, to fraudulently hold an organization to be registered under the PBO Act or to forge documents to procure registration.

The PBO Act makes it mandatory for the Government to involve PBOs in policy decision-making on issues affecting them, especially on local levels.
Every ministry is required to designate officers to handle matters relating to PBOs and have close working relations with each other and the Authority.

A PBO that desires to dissolve voluntarily will have the right to determine which organizations will distribute its assets on condition that such organization(s) are certified by the Authority to be in good standing.

Where the Authority has refused registration of a proposed public benefit organization, it shall, within fourteen days of the decision, notify the applicant of the reasons for the refusal.

Records of PBOs should open for inspection

Section 15(6) the regulator to publish list of all PBOs every quarter including those that have been deregistered.

Section 25 of the PBO Act mandates that PBOs' activities be accessible to stakeholder scrutiny, reinforcing principles of transparency and accountability.
This approach enhances public trust and stakeholder engagement, which are critical for the legitimacy and sustainability of PBOs.

Certificate of registration issued by the Authority shall be conclusive evidence that the organization —
(a)has met all the requirements for registration;
(b)has been duly registered in accordance with this Act unless it is proved that the registration thereof has been cancelled;
(c)is a body corporate (PBO)

Although the repealed NGO Act allowed certain entities to be exempted from registration, such exempted entities must now apply for registration under the PBO Act within three months of the PBO Act commencing.

A PBO retains registration until the registration is cancelled, the organization is voluntarily deregistered, or the PBO is wound up or dissolved.

International non-governmental organizations are required to apply and obtain a certificate from the Authority to operate in Kenya as PBOs.

International organizations must have resident Kenyans forming at least one-third of the board and maintain an office in Kenya.

NGOs that fail to comply with this requirement will cease to have PBO or similar status 30 days after the expiration of the notice period.

Every NGO registered under the repealed NGO Act will be deemed registered as a PBO under the PBO Act. However, required within one year from the commencement date to be registered as a public benefit organization under the PBO Act.

Categories of PBOs
1.National PBOs
2.International PBOs
3.Exempt (previously under the NGO ACT now repealed)

🚨 We're LIVE right now! 🚨

🌟 Join us for an in-depth look at "Empowering Non-Profits: The PBO Act Explained" happening now!

bit.ly/PBO-ACT

Our CEO and Lead Partner, CPA Ni**od Kurgat, delivering valuable insights at our ongoing tax training session! 💡📚

Day 2
KKCO team getting ready to empower you on the tax front.💪📈

Diving deep into the latest proposed income tax amendments! 📊✨
We shall help you keep your skills sharp and your knowledge up-to-date.

Empowering our clients with essential tax knowledge! 📚💡
Our ongoing tax training ensures we're always ahead of the curve.

Get ready to elevate your skills! Join us for an exciting training session on tax matters.
Don't miss out—register now and take the next step in your financial journey!

Don't miss out!

Secure your spot now and transform your financial knowledge! 🚀

Whether you're a business owner, accountant, beginner, or pro looking to enhance your knowledge in tax, this training is designed for you!
Our expert-led session will give you the skills and confidence you need.

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