Friday 18 September 2015

Personal Identification Number (PIN).

Personal Identification Number (PIN). 
 Q1.  What is PIN?  
A1.  PIN is a unique, computer generated number used to identify a person for purposes of transacting business with KRA.
 Q2.  Who is required to register for PIN? 

 A2.   Any person with income or who anticipates earning some as well as a person who intends to carry out certain transactions e.g registration for VAT ,government contracts etc.

  Q3.   What are the requirements for PIN registration for? 
 a.   Sole Proprietorship. Complete PIN application form, ITQ1 and attach a copy of National ID, Driving License or Passport. A sole proprietorship uses the owners PIN. 
b.   Limited Company Complete PIN application form ITQ2 and attach copies of Registration certificate, Memorandum & Articles of Association and Directors. PIN certificates.
 c.   Partnership Complete form ITQ2, attach copies of Partners. PIN certificates, Registration certificate and Partnership deed.
  d.   NGO's ITQ2, copies of registration certificate and PIN Cards for authorized signatories. 
e.   Non Resident Companies  As in (b) Above, INCLUDING: Name, address and PIN of local Agent: Local Bank Account(s)

 Q4.   Are there special forms for PIN registration?
 A4.   Yes. ITQ1 for Individuals (and Sole Proprietorship) and ITQ2 for Companies, clubs and partnerships. 

Q5.   Is there anything else a taxpayer needs to take note of with regard to PIN?
 A5.   PIN related offences . Failure to quote PIN on any document forwarded to KRA and failure to apply for any obtain PIN constitute offences. PIN is obtained free of charge.

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