Register a Company in Kenya with us within a few Weeks
ADVANTAGES OF COMPANY REGISTRATION IN KENYA
Kenya, officially known as the Republic of Kenya is surrounded by Uganda, Tanzania, South Sudan and Ethiopia. It is considered to be one of the fastest growing nations in the Sub- Saharan region. The major source of Kenya’s GDP consists of Agriculture, Manufacturing, Transport and Storage, Financial Services, Construction and Real Estate. The government of Kenya is investing a huge amount in developing the infrastructure and is always encouraging foreign investment. The economic perspective also looks robust in the coming years. Kenya has signed Double Taxation Avoidance Agreement with India, Zambia, UK, Sweden, Norway, Denmark, Germany, and Canada.
Kenya is considered as Africa’s hub for Financial, Communication & Transportation services.
The government has executed many regulatory reforms to ease the process of investment.
The foreign direct investment is growing rapidly.
It offers a tax holiday for a period of 10 years in Export processing zone for companies which manufacture goods only for exports. Further tax is levied at a rate of 25% for the next 10 years
It provides subsidies to industries for importing raw materials.
It has the most developed stock market in the Eastern and Central African region.
It consists of skilled and enterprising labour force.
It guarantees repatriation of Capital, Profits and Interests.
REQUIREMENT TO OPEN A COMPANY
Minimum 1 Shareholder (any nationality).
Minimum 1 Director(Any Nationality) but if the director is not present in Kenya the company should appoint a Local Director.
There are no minimum share capital requirement.
It is mandatory that the company should have a local registered office.
It is mandatory for companies to appoint a Company Secretary
List of 3 proposed names.
For Individual Shareholders: Copy of passport and identification documents, address proof and contact details.
For Corporate Shareholders: Details of Authorized person, Copy of Certificate of Incorporation, AoA, MoA and PAN card or similar document, Shareholding pattern.
For Proposed Directors: Copy of passport and identification documents, address proof, contact details and passport sized photos.
Name reservation and company formation
Assistance in obtaining KRA Pin
Registration of the company for VAT, Payroll, etc.
Obtaining County business permit (if required)
Assistance in bank account opening
Other Maintenance & Compliance Services:
Provision of Registered Office Address
Local Nominee Director services
Company Secretarial Services and compliances
Preparation of financial statements and tax returns
Setting up a company in Kenya takes generally takes 3-4 weeks to complete along with the formalities.