Estate Planning and Wealth Preservation in KenyaBuilding wealth takes time, dedication, and often a bit of luck. But for high-net-worth individuals (HNWIs) in Kenya, preserving and maximizing that wealth requires a proactive approach. This is where tax strategies and estate planning become crucial. At Hirmoge Accountancy, we understand the unique challenges faced by HNWIs in […]
VAT, GST, and Customs Duties
Welcome to Hirmoge Accountancy! Today, we delve into the world of Kenyan commerce, specifically focusing on the essential aspects of taxation that impact businesses: Value Added Tax (VAT), Goods and Services Tax (GST), and Customs Duties. Understanding the Landscape Kenya boasts a vibrant and diverse commercial landscape. As a business owner or aspiring entrepreneur, navigating […]
Taxation of Non-Profit Organizations
Hirmoge Accounting is committed to empowering non-profit organizations (NPOs) in Kenya to achieve their social good missions. Taxation can be a complex area, and understanding how it applies to your organization is crucial for financial health and compliance. This blog aims to provide a clear and concise guide to non-profit taxation in Kenya, specifically tailored […]
Tax Implications of Mergers and Acquisitions
Mergers and acquisitions (M&A) represent a strategic maneuver for businesses seeking growth, expansion, or market consolidation. However, navigating the intricate world of M&A transactions extends beyond the initial negotiation and deal structuring. A crucial aspect often overlooked is the complex web of tax implications that arise from such transactions. Here at Hirmoge Accountancy, we understand […]
TAX CONSULTANCY
The Power of Tax Consultancy for Businesses and Individuals Taxes are an essential part of any nation’s economic health. In Kenya, a robust tax system plays a crucial role in funding government projects and fostering development. However, navigating the ever-changing tax landscape can be daunting for businesses and individuals alike. This is where tax consultancy […]
EQUITY FINANCING
What is Equity Financing? Equity financing involves selling a portion of ownership (equity) in your company to investors in exchange for capital. These investors, known as shareholders, become part owners of the business and share in its future profits (dividends) and potential growth (increased share value). Pros of Equity Financing in Kenya Cons of Equity […]
Outsourcing Accounting Services
In today’s competitive Kenyan business landscape, streamlining operations and maximizing resources are crucial for success. Outsourcing accounting services has become an increasingly popular option for businesses of all sizes. But is it the right choice for you? Here at Hirmoge Accountancy, we understand the complexities of Kenyan businesses and can guide you through this important […]
Preparing for the Future of Accounting: Trends and Predictions
The Evolving Numbers Game: Preparing Kenyan Accountants for the FutureThe Kenyan accounting landscape is at a crossroads. As technology surges forward and global business ecosystems intertwine, the traditional role of the bean counter is transforming. This blog post delves into the key trends shaping the future of accounting in Kenya, equipping Kenyan accountants with the […]