The following are the corporate income tax rates in Kenya as at July 2017:
| Type | Tax Rate |
| Resident company | 30% |
| Non-resident company (branches) | 37.5% |
| Person with gross business income whose turnover does not exceed 3% Kshs 5 million pa. (from 1 January 2008) | 3% |
| Newly listed company (NLC) | 27%, 25% & 20%* |
Export Processing Zone enterprises: | |
| N/A 25% |
| Special Economic Zones Enterprise, Developer and operator: | |
| 10% 15% |
| Tax on residential rental income (income below KShs144,000 per year) | NIL |
| Residential rental income tax (income above KShs 144,000 pa but not exceeding Kshs. 10 million per year) | 1O % of the gross rental income** |
| Tax on residential rental income (income above Kshs.10 million pa.) | Normal taxation rates (individual rates or corporate rate for companies) |
| Company that has constructed at least 400 affordable approved housing units in a year | 15% |
*The 27% rate applies where at least 20% of the issued share capital listed for NLC listed after 1st January 2002 for 3 years following the year of listing; 25% (at least 30% issued share capital listed) for those listed after 1 January 2003 for five years following the year of listing; and 20% (at least 40% issued share capital listed) for those listed after 1st January 2006 for five years, following the year of listing.
*25% for SMEs that introduce their shares at the stock exchange.
** A taxpayer may elect to the Commissioner to opt out of the residential rental income tax rate of 10% on gross rental receipts, Where the taxpayer opts out of the residential rental income tax, normal rates of taxation will apply. That is, 30% of the taxable profits if the taxpayer is a body corporate or tax at the individual rates of tax if the taxpayer is an individual.