Introduction
The National Data Management Limited (NDML) has introduced an online portal for updating Know Your Customer (KYC) information for Kenya Revenue Authority (KRA) taxpayers. This update is mandatory for all KRA taxpayers who have registered with NDML. The update process is simple and convenient, and can be completed in a few easy steps.
Benefits of Updating KYC Online
Steps to Update KYC Online
**Timeline for KY
C Update
The deadline for KYC update is 31st March 2023. Failure to update your KYC information by this date may result in your KRA account being blocked.
Documents Required
To update your KYC information online, you will need the following documents:
Transition Words
Additional Information
Stories
Story 1
Once upon a time, there was a taxpayer named John who procrastinated on updating his KYC information. He thought he had plenty of time, but suddenly the deadline was right around the corner. John panicked and rushed to the KRA office, only to find long queues and a tedious process. Learn the lesson: Don't wait until the last minute to update your KYC information.
Story 2
Sarah, a business owner, made a mistake while updating her KYC information online. She accidentally entered an incorrect email address, which caused her confirmation email to bounce back. She had to go through the entire process again, wasting valuable time. Learn the lesson: Be careful when entering your information to avoid errors.
Story 3
Tom, a corporate taxpayer, had to update the KYC information for all his employees. He underestimated the complexity of the task and ended up working overtime to complete it. Learn the lesson: Plan ahead and give yourself enough time for large-scale KYC updates.
Tables
Table 1: List of Documents Required for KYC Update
Document Type | Description |
---|---|
National ID Card / Passport | Proof of identity |
Proof of Residence | Bank statement, utility bill, etc. |
Business Registration Certificate | Proof of business registration |
PIN Certificate | Proof of tax registration |
Table 2: Timeline for KYC Update
Deadline | Action |
---|---|
31st March 2023 | KYC Update Deadline |
Table 3: NDML Customer Support Contact Information
Contact Method | Information |
---|---|
Phone | 0711099999 |
[email protected] |
Effective Strategies
Common Mistakes to Avoid
FAQs
Q1. What is the deadline for updating KYC information online?
A1. The deadline for updating KYC information online is 31st March 2023.
Q2. What documents do I need to update my KYC information?
A2. You will need your National ID Card or Passport, Proof of Residence, Business Registration Certificate, and PIN Certificate.
Q3. How do I contact NDML customer support if I need assistance?
A3. You can contact NDML customer support at 0711099999 or [email protected]
Conclusion
Updating your KYC information online is a mandatory requirement for all KRA taxpayers. By following the steps outlined in this guide, you can complete the process quickly and conveniently. Remember to update your KYC information regularly, keep a digital copy of your documents, and contact NDML customer support if needed. By following these tips, you can ensure that your KYC information is accurate, up-to-date, and compliant with KRA regulations.
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