Nairobi | Kampala | Kigali | Addis Ababa
Home » Insights » The Nairobi International Financial Centre (General) Regulations, 2021-

The Nairobi International Financial Centre (General) Regulations, 2021-

The president signed the Nairobi International Financial Centre Act, providing the legal framework to facilitate the development of an efficient and globally competitive financial services sector in Kenya. The aim of establishing the Nairobi International Financial Center (NIFC) is to create a business environment to make it easier and more attractive to invest and conduct financial services and related activities in Kenya. With the goal of attracting investment, the structure of the NIFC aims to provide incentives aimed at ensuring a favorable business environment. To enjoy the incentives, one would be required to apply for certification.

The NIFC simply provides a tailored framework and incentives that are applicable to NIFC certified firms and certification is open to both domestic and international if the firm engages in any of the qualified activities.  This is intended at providing an enhanced structure on the development of an efficient and globally competitive financial services sector in Kenya, and particularly cementing Nairobi’s status as the region’s financial capital.

Related Insights

Web Hosting
Domain Registration
Website Design