KRA unlocks tax breaks for Naivasha industrial park
Nairobi, June 11 -- The Kenya Revenue Authority (KRA) has declared an industrial park owned by power producer Kenya Electricity Generating Company (KenGen) in Naivasha a customs-controlled area, unlocking tax breaks for businesses setting up shop within the facility.
The KenGen Green Energy Park, which is situated within the Olkaria geothermal field, was designated a customs-controlled area on June 5, 2026.
Firms in customs-controlled areas enjoy tax breaks extended to businesses in Special Economic Zones (SEZs), such as not being required to register for value-added tax (VAT). The supply of goods or taxable services to an SEZ is also zero-rated.
Additionally, the firms operating from these bases enjoy a reduced corporate tax rate of 1...
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