The Electronic Tax Invoice Management System (ETIMS), introduced by the Kenya Revenue Authority (KRA), is a critical component of Kenya's ongoing efforts to digitize and streamline the tax collection and reporting processes. ETIMS requires businesses to issue and report their Value Added Tax (VAT) invoices electronically, directly linking businesses with KRA's systems in real-time. This system helps enhance transparency, reduce tax evasion, and improve overall tax compliance in Kenya.
For Kenyan businesses, the implementation of ETIMS provides a range of benefits. From improving tax compliance to enhancing operational efficiency, ETIMS is transforming how businesses manage their tax obligations.
03rd Oct 2024
12th Nov 2024