President William Ruto has signed three bills into law aimed at easing business costs and attracting investment. The measures target tax changes for companies, special economic zones, and the Konza Technopolis.
President William Ruto assented to the Income Tax (Amendment) Bill, the Special Economic Zones (Amendments) Bill, and the Technopolis Bill on Monday, May 11. The Income Tax (Amendment) Bill, sponsored by Molo MP Kuria Kimani, allows companies to reorganise ownership and move assets within groups without triggering taxable dividends or withholding tax, provided distributions match existing shareholdings. It also addresses capital gains tax for non-resident vendors and takes effect from July 1.
The Special Economic Zones (Amendments) Bill strengthens rules for large investments in petroleum and energy, including the South Lokichar Basin. It sets a 10-year minimum licence for operators and removes the cap on withholding tax exemptions for royalties and management fees.
The Technopolis Bill creates an authority and dispute resolution tribunal for Konza Technopolis. It was introduced in April 2024, passed the National Assembly in November 2024, and received Senate amendments in November 2025.
