Kenya's KRA launches eTIMS to mandate electronic invoicing for businesses, targeting transparency, tax evasion reduction, and improved efficiency.
The Kenya Revenue Authority (KRA) has launched a new electronic Tax Invoice Management System (eTIMS) to mandate all businesses, including those in the informal sector and small businesses, to electronically generate and transmit their invoices. KRA aims to improve transparency, reduce tax evasion, and enhance overall efficiency in tax collection processes. The platform, accessible via the eCitizen platform, aims to alleviate the burden of compliance for small-scale entrepreneurs.
March 04, 2024
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