Dear Member,
RE: INSTITUTIONAL MEMBERSHIP REQUIREMENTS.
Kentours Sacco admits the following institutions/groups as members of the Sacco:
- Registered Investment Clubs (Chamas),
- Corporates,
- Registered Community Groups,
- Self-help/Welfare Groups,
- Residents Associations,
- Trade / Professional Associations,
- Sports/members Clubs, and
- Churches.
In order to continue enjoying the tax incentives available to Saccos, the Income Tax laws require all the members forming such institutions/groups to be members of the Sacco in their individual capacity.
Kentours Sacco office will contact and guide those institutions/groups that are already on board to ensure compliance.
Any new institutional/group membership applications will be subjected to this requirement.
For any clarification contact the Sacco office.
Thank you.