The National Treasury is projecting the third consecutive year of a decline in collections generated from the registration of companies in the country as the volume of entities seeking operation continues to moderate from the peak registered during the Covid-19 pandemic.
According to the latest data, the Treasury projects that registration of companies will generate Sh827.7 million in 2023/24, a 3.2 percent decline from the Sh855.4 million expected in the current financial year.
