The Income Tax Act seeks to rationalise the administration of Capital Gains Tax in order to align Kenya’s tax regime with international best practices and recognised principles of taxation, while reinforcing the gains made in improving the ease of doing business. 

The Special Economic Zones Act seeks to enhance Kenya’s competitiveness by expanding the scope of Special Economic Zones to include oil and gas zones, and harmonising the tax incentives applicable to entities undertaking activities within the zones.

The law also strengthens the Special Economic Zones framework by aligning it with the operational realities of large-scale capital investments through the provision of a minimum licence tenure of ten years to accommodate the long project cycles associated with such investments.

The legislation further expands the scope of Special Economic Zones to support strategic sectors of the economy, including agro-processing, manufacturing, mining, advanced technology-driven production, and petroleum operations.

The Technopolis Act establishes a comprehensive legal framework for the creation, development, and governance of technopolises in Kenya.

The law seeks to position Kenya as a leading destination for technology-driven enterprises, innovation, and research by establishing integrated one-stop hubs for the efficient delivery of government services.