Kenya

2 Employees

-1 Kenya Shell Tax Contribution Report 2018
Third-Party Revenues
$260,195
Related-party revenues
$620,534
Total Revenues
$880,729
Profit Before Tax
$(4,986,409)
Tax Paid
$0
Tax Accrued
$0
Tangible Assets
$1,014
Stated Capital

not available at the time of publication

Accumulated Earnings
$0

Main Business Activities

  • Upstream and Integrated Gas

Shell inherited two UK-registered entities with Kenyan branches 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.

Country Financial Analysis

Shell’s operations in Kenya incurred losses in 2018 and have now ceased. Corporate income tax is not expected to be due, but a final assessment will be made by the tax authorities.

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