Kenya

1 Employee

THIRD-PARTY REVENUES

$0

RELATED-PARTY REVENUES

$461,481

TOTAL REVENUES

$461,481

PROFIT BEFORE TAX

$(969,506)

TAX PAID

$0

TAX ACCRUED

$0

TANGIBLE ASSETS

$0

STATED CAPITAL

$0

ACCUMULATED EARNINGS

$0

Main Business Activities

  • Upstream and Integrated Gas

Shell inherited two UK-registered entities with Kenyan when it acquired BG Group in 2016. These branches explored two areas off the coast of Kenya through production-sharing contracts (PSCs). Exploration has been unsuccessful and Shell notified the government of its intention to relinquish the two PSCs in May 2018. The PSCs automatically lapsed on their expiry date, June 15, 2018. In 2019, the branches were in the process of being deregistered and closed. 

Country Financial Analysis

Kenya's statutory corporate income tax rate was 30% in 2019.

Shell’s operations in Kenya in 2019 were limited and incurred losses, therefore no corporate income tax was due.

Branch
A branch is an office or business presence in a location other than where the corporate entity is established.
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