Learning how to export cars to Kenya from the UK is not as difficult today as it used to be before. This is because both governments have a strong online presence, so you can easily get accurate information online. Buying used cars in the UK and shipping them to Kenya can be incredibly profitable. Many people are already doing it, but the demand for high quality European cars in Kenya is still very high. Therefore, there is room for more players. To export used cars to Kenya, you will need a number of things. These are:
i) Import-Export Licence
Before you can start importing or exporting anything in or out of the UK, you will need to apply for an import-export licence from the government. Once you have the license, you can start importing or exporting the items you want.
ii) A Car Yard
You will need two yards to succeed in the export business for a long time. The first yard should be in the UK near the port. This is where the used vehicles you source in the UK or from the rest of Europe will be held until you are ready to export them. The second yard should be in Mombasa, or anywhere close to the port of Mombasa. Alternatively, you can rent a yard in Nairobi, somewhere close to the internal container depot.
iii) Affordable Shipping Company
The ideal shipping company should not just be reliable, they should be affordable. After all, the final prices of the vehicles you will be shipping to Kenya will be affected by the shipping cost. If you manage to find an affordable and reliable shipping firm, you can be assured of getting healthy profit margins.
iv) Knowledge of Kenyan Car Important Laws
In the republic of Kenya, you cannot import a vehicle that is over 8 years old. Lawmakers in the country are even considering lowering the age limit to just 5 years. If the vehicles you want to export to Kenya were manufactured over 8 years ago, therefore, you will not be able to import them in Kenya. In addition to that, only vehicles that are right hand drive can be imported into Kenya. Therefore, you have to keep this in mind when looking for vehicles to export to Kenya.
v) Knowledge of Kenyan Taxes
There are at least four main types of taxes you will be required to pay when exporting a vehicle to Kenya. These are; 25% import duty, 20% excise tax, 16% VAT and the railway development levy. However, there are still several others.
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