EXPORTING GOLD FROM KENYA

Export Procedure

ARTISANAL GOLD KENYA AGK provide Gold export services to our clients with confidence and total security. When you buy our gold, we will walk you through a simple procedure for exporting the gold to your final destination.

- The buyer will be required to furnish ARTISAN GOLD KENYA AGK with full address and telephone number of the consignee at the overseas destination for the export.

Here's a more detailed breakdown of the gold export procedure in Kenya:

.1. Registration and Licensing:

 2. Gold Export Procedures:

• Determine the type of export permit required: Identify the specific permit needed for your gold export activity.

• Apply for an export permit: Submit your application for an export permit to the relevant authority

• Fulfill inspection and certification requirements: Ensure your gold meets the required standards and undergoes necessary inspections and certifications.

• Pay export permit fees: Pay the required fees for the export permit.

• Pay Withholding Tax: A mandatory 3% withholding tax on all gold purchases in Kenya is paid to the KRA at their offices at Kinbu.

• Pay Small-Scale Sustainability Fund: Pay 0.20% of the total value to be exported to the Minerals Commission as a small-scale sustainability fund.

• Follow the export procedures as outlined by the KRA: Ensure you follow all the procedures for exporting goods as outlined by the KRA.

 3. Required Documentation:

• Packing list (Assay invoice): Include details of the gold's purity and quantity.

• Proforma invoice: Indicate the purity (gold content) and quantity of gold in ounces and kilograms.

• Bill of Exchange

• Invoice

• Packing List Airway Bill / Bill of Lading

• Declaration under Foreign Exchange

• Certificate of Origin/GSP; Inspection Certificate, wherever necessary