In this article, I am going to share with you the Five Key Areas Where You Need KRA PIN in Kenya. Know where KRA PIN is needed.
A KRA PIN is a Personal Identification Number used while doing business with Kenya Revenue Authority (KRA), other Government agencies (both national and county) and service providers in Kenya.
The KRA PIN forms the basis of many transactions here in Kenya. This blog post is going to explore all the key areas where it might come in handy.
Who should have a KRA PIN?
You are required to have a KRA PIN if you;
- Are employed
- Are in business
- Have rental income
There are many transactions and activities in Kenya that require you to have PIN number, but this blog post is only going to look at the top 5 only. Now, let us look into the top 5 key areas where having a KRA PIN number will come in handy here in Kenya.
Five Key Areas Where You Need KRA PIN
1. Job Application
To begin us off, the first key area where you need a KRA PIN number is job application in Kenya. As one of the prerequisite requirements by all employers in Kenya, the KRA PIN is needed so as to facilitate PAYE (Pay As Your Earn) deduction on gross salaries.
In your job application here in Kenya, you will be required to attach a copy of KRA PIN together with your cover letter, academic transcripts and testimonials.
Get your PIN online today at Cyber.co.ke Portal and apply for a Job in Kenya.
2. Bank Account Opening
Nearly all banks in Kenya require that you produce your KRA PIN together with your national ID before opening a new bank account. So, before you open either a personal, business or company bank account, you will be required to come with a copy of your PIN certificate together with all the other requirements that the bank might ask you to bring for account opening.
Get your PIN online today at Cyber.co.ke Portal and open a Bank Account in Kenya.
3. NTSA TIMS Account Creation
You need a KRA PIN in all matters relating to driving licences and motor vehicles in Kenya. If you are thinking of opening a new NTSA TIMS account and obtaining that smart driving licence (digital DL), you need a KRA PIN number as one of the requirements together with your ID. Also, when buying or selling a vehicle in Kenya, your PIN number will come in handy
Get your PIN online today at Cyber.co.ke Portal and open a Bank Account in Kenya.
4. Registration of Business Names and Companies
If you are thinking about registering a business of company in Kenya. Think again, because one of the requirements that will go hand in hand with your application process is your KRA PIN number. When planning to register a sole proprietorship business in Kenya, the KRA PIN number and PIN Certificate will be required. The same applies also when you want to register both public and private companies in Kenya. KRA PIN of the directors will be required.
Get your PIN online today at Cyber.co.ke Portal and open a Bank Account in Kenya.
5. Tender Application
When you apply for a tender in Kenya, one of the requirements that your business or company should have is a KRA PIN before you get to supply both goods and services to government agencies, counties and even parastatals in Kenya. It is impossible to win a tender in Kenya if you don’t have both the KRA PIN and KRA tax compliance certificate.
Get your PIN online today at Cyber.co.ke Portal and open a Bank Account in Kenya.
So as the saying goes. “Don’t take this for granted, you never know when you will need your KRA PIN.” To sum everything up, the above five are the key areas whereby having a KRA PIN will be beneficial. Here at Cyber.co.ke Porta, we offer great KRA Services and you can apply and get your today.
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