Quick Answer: How Do I Get An Import Licence In Kenya?

How do I import goods into Kenya?

Kenya Imports Documents Required – Customs Clearance1.1 Import declaration form.

An IDF must be applied for and obtained from the Kenya Revenue Authority for any Commercial Importation.

1.2 Certificate of Conformity (if applicable) …

1.3 Master Bill of Lading.

1.4 Packing List.

1.5 Commercial Invoice.

1.6 Exemption letter (if applicable) …

1.7 Dispatch of documents in time..

How much is import duty in Kenya?

In general, Customs duty is levied at rates between 0% and 100%, with an average rate of 25%. Imports into Kenya are subject to a standard VAT rate of 16%, levied on the sum of the CIF value, duty, and other applicable taxes. Tariff rates can be estimated by visiting Kenya Revenue Authority.

How much does import tax cost?

The customs duties for most items are calculated on Cost, Insurance, and Freight (CIF) value at the rate of 5 percent, while many categories are exempted from customs duties. Alcoholic products are assessed a 50 percent duty, while tobacco products are assessed a 100 percent customs duty.

How is customs duty calculated in Kenya?

The charges are calculated as follows:25% of the amount as – Import Duty.20% of the amount + Import Duty as – Excise Duty.16% of the amount + Import Duty + Excise Duty as -VAT.2.25% of the amount as-IDF Fee.The total is payable to the NBK/CO-OP banks as Customs Duty.

What is the first step to starting a business?

8 Steps to Starting Your Own BusinessConduct a personal evaluation. “Know yourself, and work in a job that caters to your strengths. … Analyze your industry. … Evaluate your target audience. … Set up your business. … Start the planning process. … Have a plan for funding. … Set up your space. … Prepare for trial and error.

What is the best import export business?

So after comprehensive research, I have identified the list of best export businesses in India.Cotton Export. … Gadgets Exports. … Vehicle Exports. … Detergents Export. … Export Warehouse Service Provider. … Marketing Expert. … Furniture Export Business. … 05 Common Mistakes in Import and Export Business (How to Avoid Them) 23-10-2020.More items…•

How do I get an import license?

How to Setup a Business in India With Import-Export LicenseChoose your products. … Decide your company name, if you have not registered a firm as yet. … Register your firm, if it’s not already registered.Apply online for IEC – Importer Exporter Code with DGFT, and pay fee of Rs.More items…•

How do you get an import license in the Philippines?

To register as an importer, businesses first need an Import Clearance Certificate from the Bureau of Internal Revenue. Importers then register with the Bureau of Customs (BOC) and set up an account with the Client Profile Registration System (CPRS).

How do I start a trading business from home?

The first step toward starting a trading business is deciding your market segment. You can decide to do business in the domestic market, international market (export) or online market. Once you decide market segment look for trading business idea with a suitable product.

How do I get an import Licence UK?

You can apply for an import licence at www.ilb.trade.gov.uk.

How do I start an import export business from home?

Steps On How To Start an Import Export Business from HomeChoose your products.Create your website.Be active online and find partners to work with.Take care of the paperwork.Establish a shipment method.

How do I apply for a Dgft Licence?

Procedure while applying to the DGFTThe online application process can be made on the DGFT website.On the homepage, the applicant will have to go to the ‘Services’ section, where under the ‘Online ECOM Application’ section, they will have to select ‘Restricted Item Import License/Restricted Export Item’.More items…•

How long does it take to get an import permit?

Most import permits will be issued within 20 working days of completed applications being received and paid for in full. Applications may take longer if: they require complex technical assessment. incomplete or incorrect information is provided by the applicant.

Why import license is required?

Import licenses are considered to be non-tariff barriers to trade when used as a way to discriminate against another country’s goods in order to protect a domestic industry from foreign competition. Each license specifies the volume of imports allowed, and the total volume allowed should not exceed the quota.

How do I import goods?

The five basics steps you need to know before becoming an importer are as follows:Decide the country.Search for suppliers.Search the duty and taxes.Find a reliable freight forwarder and customs broker.Ship the goods on time.

What are the documents needed for import?

A letter of credit normally includes, a commercial invoice, manufacturer’s invoice, packing list, country of the goods origin, original sets of bill of lading, airway bill, truck way bill, railway Manifest (depending on the mode of transportation), and a certificate of quality.

How do I import a pet to the Philippines?

Entry RequirementsGet an import permit from the Philippine Bureau of Animal Industry (BAI). … Secure a health certificate for each pet from a duly licensed veterinarian or from the U.S. Department of Agriculture. … Submit the health certificate/s for authentication to the Philippine Embassy/Consulate.More items…

Do I need an import license to buy goods from Alibaba?

You don’t need to have a company or any special credentials to use Alibaba. You don’t need a sellers permit, a website, a corporation…. nada. In fact, most Alibaba wholesale suppliers don’t care who they are working with as long you buy in bulk, pay on time and order on a consistent basis.

How do I know if I need an export license?

EAR99 items generally consist of low-level technology, consumer goods, etc. and do not require a license in most situations. However, if your proposed export of an EAR99 item is to an embargoed country, to an end user of concern, or in support of a prohibited end use, you may be required to obtain an export license.

How can I import to UK?

You’ll need the import tax certificate (form C79) to prove you paid the import VAT . HMRC will send you this form. You can import works of art, antiques, and collectors’ items from outside the EU at a reduced rate of VAT . There are different rules for paying VAT on services you’re buying from outside the UK.

How do I start an import business?

How To Start Import Export Business In India – The Complete GuideGet a PAN Card.Select type of Business Entity.Open a Current Account.Don’t forget the IEC Code!Choose your export product.Your Registration Cum Membership Certificate (RCMC) is important too!Selecting the Right Export Market.Finding Buyers for your Product.More items…•