The Import Declaration Fee in Kenya is usually 2.25% of the CIF value or a minimum of Ksh 5,000. Additionally, there’s an import duty of 25%, Value Added Tax of 16%, Railway Development Levey of 1.5%. The Excise Duty varies depending on the vehicle category.
How much does it cost to import a car from USA to Kenya?
Vehicle transport costs to Kenya from the United States start at $4,000 and go up to $7,200. Many factors can affect the total cost, including the type of vehicle, availability of transport carriers, and current fuel costs.
How much does it cost to register a car in Kenya?
Registration Fees
Registration will cost between 15,000 – 23,000 Ksh to register your car. This is done by your clearing agent. If you have a special number plate the cost to have this transferred is 30,000 Ksh. It can sometimes delay the time it takes to register your vehicle.
How much tax does one pay to import a car in Kenya?
Car Import Taxation and Charges in Kenya
Import Duty: Around 25% dutiable value. Excise Duty: Around 20% of the sum of import duty and customs value. Value Added Tax: 16% of the sum of import duty, customs value and excise duty.
Can you ship car from US to Kenya?
Offering weekly sailings from ports in the USA to Kenya
We offer two main methods to choose from when it comes to getting your car to the port for shipping: RoRo Shipping – This stands for Roll On, Roll Off, which means your vehicle enters the ship on a ramp similar to a parking garage, of its own power.
Is it cheaper to import a car in Kenya?
There is no simple answer as to whether importing is cheaper or not. … When you are importing a lower priced car, these fees are disproportionate to the price of the car. This means that by the time car is imported into Kenya the costs are higher than the costs of buying that car locally.
What is the age limit for car importation in Kenya?
Acting Transport secretary James Macharia maintained the eight-year maximum age rule for motor vehicle importation holds. The law bars Kenyans from importing vehicles whose first year of registration is more than eight years.
Is it expensive to import a car?
Fees. Foreign-made vehicles imported to the U.S., whether they’re new or used, are usually dutiable. You can expect to pay 2.5% for a car, 2.4% for a motorcycle, and 25% for a truck. The duty is based on the price paid for the vehicle.
How much does it cost to clear a car in Kenya?
Clearing and Forwarding fees normally depends with the agreement you have with your Clearing and Forwarding Agent. Mostly it will range from 15,000 to 30,000 Kenyan Shillings for the units and 25,000 onwards for Containers. It is a negotiable fee and it is paid to the clearing agent.
How long does it take to register a car in Kenya?
About 3 to 7 days.
How much is import tax on a car?
Custom
| Criteria / Applicability | Import Duty in % |
|---|---|
| Used car import | 125 |
| Cars CBUs whose CIF value is more than $ 40,000 or Petrol Engine > 3000 CC or Diesel engine > 2500 CC | 100 |
| Cars CBUs whose CIF value is less than $ 40,000 and Petrol Engine < 3000 CC and Diesel engine < 2500 CC | 60 |
| Two-wheeler CBUs | 50 |
How is import duty calculated?
Basic Customs Duty (BCD): This is the tax that is calculated on the Assessment Value of the goods that have landed at the customs border of India. It can vary between 0% to 100%. BCD depends upon the HSN code of the product and the Country of Import.
How is CRSP calculated?
CRSP uses the closing price or the absolute value of the bid/ask average from the Price or Bid/Ask Average variable and the applicable shares observation from the Shares Outstanding Observation Array for each calendar period to calculate Market Capitalization.
How much does it cost to ship a car from UK to Kenya?
Our car shipping costs to Kenya will vary, the rate will depend on the make/model of vehicle along with which port it sails from in the UK. Typical car shipping costs to Mombasa start from £765.00 from Southampton or £795.00 from Sheerness and Teesport.
Can I import a classic car into Kenya?
With SA, even though they have banned the importation of used vehicles, they have provision to import classic cars, why should Kenya not have the provision? Quoting: “Vintage vehicles (40 years old or older) and vehicles which are regarded as collectors’ vehicles are also allowed in.
How long does a ship take from USA to Kenya?
It takes about 30 days for us to fill a container and 45 to 52 days of transit time to Nairobi. Pre exportation verification of conformity procedures takes about 2 weeks, and clearing in Nairobi takes about 1 to 2 weeks.