Stamp duty is charged according to the value of the transaction or the nominal rates on certain financial instruments and transactions. Stamp duty of 1% is payable on the transfer of shares and registration of share capital at a rate of 1%. However, no stamp duty is charged on the transfer of shares in companies listed on the Nairobi Securities Exchange. A stamp duty of 4% of the value of the land is payable on the transfer of the land in the towns and 2% on land in the rural areas
Other relevant taxes applicable on goods imported into Kenya are import duty, excise duty, catering levy, railway development levy. Import duty is charged on the importation of goods depending on their nature and value. Import duty ranges from the rate of 0% on raw materials to 25% on fully finished goods. Effective 1 July 2013, a Railway Development Levy of 1.5% was introduced on all imports into Kenya, with imports to Official Aid Funded projects and to UN agencies being exempt. Certain imported and locally manufactured goods also attract excise duty at varying rates.