Tourism & Wildlife Conservancy
In the wake of the Covid-19 pandemic, this industry has proven most susceptible to the impact of economic volatility than most. Nonetheless, our Professionals at UHY Kenya have a deep-rooted understanding of the sector with clients ranging from camp & leisure lodges, not-for-profit and private wildlife conservancies, hotels, restaurants, travel providers and tour operators.
We provide sector-specific expertise in audit, tax planning and accounting around the development and financing of new projects, portfolio reviews and benchmarking and negotiating new operator agreements.
Other than the normal company and tax requirements imposed on companies, partnerships or sole proprietors, the Tourism and Wildlife sector is subject to a multitude of other regulatory requirements which require it to acquire certain licenses and payment of a tourism levy. However, it is also characterized by tax incentives that can be easily overlooked without the input of tax professionals and accountants who aid in tax planning and maximizing retained profits for your business whether you are a local or a member of an MNE. UHY Kenya is well-equipped to provide such accountancy, audit and tax services having previously acted for various major players in this industry.
ADDITIONAL CAPABILITIES
Setting up Business in the Region
The opportunities from internationalizing your business have never been greater. We assist clients set up their business registration with the Registrar of companies, provide contact for preparation of memorandum and articles of associations, registration of PIN, registration on i-tax among others.
Information System and Data Security Audits
Reliable security depends on understanding the exposure, weaknesses and the threats that could lead to a breach in the defences that could be exploited to access or damage information systems and data.
corporate Recovery & Insolvency
Challenging economic times inevitably leads to greater risk of companies encountering financial difficulties. Experience of business recovery across a wide variety of industries and circumstances enables us to provide an early assessment of potential solutions to your problems
CORPORATE FINANCE
Valuation is not a simple numbers exercise. A good valuation relies on a blend of data analysis, industry expertise and commercial judgement. We will work to understand your business and industry to ensure we apply the relevant valuation methodologies.
