Registration of Consultants (As an individual)

Guys, Just a quick one, would anyone know what are the procedures of registration as an official consultant (to take care of tax issues and legality) as an individual as opposed to being a company. Also, please let me know what the tax implications are for any services rendered. -- ------------- David Mugo, ICT & E-Commerce Consultant, http://majibu.com Twitter: @raidarmax

Sole Proprietor or partnership. On Wed, Dec 29, 2010 at 5:15 PM, David Mugo <raidarmax@gmail.com> wrote:
Guys,
Just a quick one, would anyone know what are the procedures of registration as an official consultant (to take care of tax issues and legality) as an individual as opposed to being a company.
Also, please let me know what the tax implications are for any services rendered.
-- ------------- David Mugo, ICT & E-Commerce Consultant, http://majibu.com Twitter: @raidarmax
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks ------------ Skunkworks Rules http://my.co.ke/phpbb/viewtopic.php?f=24&t=94 ------------ Other services @ http://my.co.ke

Professional services are charged 5% withholding tax, which I hear is refundable, but you are still obligate to pay income tax on any taxable income you earn. On Wed, Dec 29, 2010 at 5:15 PM, David Mugo <raidarmax@gmail.com> wrote:
Guys,
Just a quick one, would anyone know what are the procedures of registration as an official consultant (to take care of tax issues and legality) as an individual as opposed to being a company.
Also, please let me know what the tax implications are for any services rendered.
-- ------------- David Mugo, ICT & E-Commerce Consultant, http://majibu.com Twitter: @raidarmax
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks ------------ Skunkworks Rules http://my.co.ke/phpbb/viewtopic.php?f=24&t=94 ------------ Other services @ http://my.co.ke
participants (3)
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Collins Areba
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David Mugo
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Peter Karunyu