Process of registering a company in kenya pdf

It usually doesnt take long, unless there are technical problems or if a verification needs to be carried out directly with company registry to check the authenticity of your company. This process is done online through the kenyan ecitizen platform. This will mean they register as a legal company in the country as a limited liability, sole proprietorship or as a partnership company. At biz brokers kenya we assist you with the process of registering your company in kenya.

The implementation of occupational health services expected to be put in place. Securities registered at the companies registry the principal or commonly prepared securities that require registration at the companies registry and which will be considered in this guide are the debenture and chattels mortgage. Division 2 formation and registration of companies. The process of how to register a company in kenya can be challenging if you dont have the right guide. Legal requirements for starting a business in kenya career. Sep 27, 2016 limited company registration process a chama needs a memorandum and articles of association which sets out the objectives of the chama company and the internal constitution of the chama.

How they guided us in the process and helped us make the right decision for the kind of a company we needed. How to register a company in kenya the legal analytica. For example, in oregon and texas, there are different forms for companies registering as a forprofit or nonprofit. For a business name, a bn6 form should be filled within three months of cessation of the business. Nov 18, 2020 to register your company with the state, visit your states corporations website, which is usually found within the secretary of states office.

You must have an ecitizen account to access government services. A company limited by guarantee clg is an alternative type of corporation used primarily for nonprofit organisations that require legal personality. Any top five tips to make the process of company registration in kenya smooth and fast. For one to register a company in kenya, one need to first write a letter to the registrar to reserve his or her desired name which may be accepted or rejected on. A brief guide to doing business in kenya, 2018 bowmans. It consultant, marketing consultant, finance consultancy, consultant etc. The ecitizen is a government profile offering a variety of services like nhif, kra, nssf, renewal of driving license and birth registration. Registering and formalizing your groupchamasoft blog. If the chargor is a company registered in kenya, the charge over land must also be registered at the companies registry. Drastic changes to requirements for registration of. We will process your request and answer you as soon as possible. Here is how to register a business in kenya hapakenya. The certificate of registration must also be submitted for cancellation. Before you commence the process, you have to do a name search with the business registration service.

Is the company you are registering a subsidiary company. Now that that you have already gotten some expert advice on whether to register a business name or a limited company, this article will focus on the advantages of registering a limited company over registering a business name. As with an llc, there are designations, such as including corp. Click on this option if you want to apply for a name as part of the process. Choose a name that complies with your states regulations. Are you looking to register a limited company in kenya. Registration will be carried out once the registry receives three original copies of the charging instrument, the completed prescribed form, and a nominal fee per document and per title. Whether you are a kenyan or a foreigner, you can now enlist your firm and start operating legally in the country with a few steps. Jan 10, 2021 write out the companys directors addresses on form cr8. Payment is made via electronic means such as mobile money, credit or debit cards. As with llcs, lps, and nonprofits, forming a corporation involves several steps and a certain amount of paperwork, all of which willyou guessed itvary state to state. The terms of the business are based according to their agreement. Once we have received the business names, one of our representatives will get in touch within 30 min via email with all the information about the registration process.

The registration fee for all companies is kes 10,000. For you to use the ecitizen platform, you need to have registered on it which is a simple process. Gather all the stated documents and follow the steps below. That form must be signed by the business owners who may be a sole proprietor, two or more partners or a corporation. The registration of the entities is almost the same though the requirements, time is taken to register, and cost may vary. Apply to the companies and intellectual property authority cipa, proposing 3 prospective company names. For professional company registration in kenya, tax registration and bank account opening. Where there are more than two people involved in the registration of a bn. The registration process usually takes 2 weeks or less depending on company registry workload and processing speed. The platform allows individuals to carry out the entire process. In order to register a limited company for your consultancy business, you will need to collect the following information.

The registration of a company also known as incorporation brings the company into existence. You will need to visit, to initiate the process of registering kra pin for a limited company. Company will only be added to the company registration queue after the proposed name has been approved. May 18, 2020 5 steps to register as a contractor with nca kenya. How to register a business or company in kenya 2020.

For one to register a company in kenya, one need to first write a letter to the registrar to reserve his or her desired name which may be accepted or rejected on the basis of either a similarly named business or offending the rules on name reservation. Recently, the government intervened, and the procedure was streamlined. This process of registration is now online and is done on the ecitizen platform. Register a company using an enterprise number as the name.

Methods for treatment of human or animal body by surgery or therapy, as well as diagnostic methods. Each contractor is required to hold a certificate of incorporation from the registrar of companies in kenya. If you have already applied for a name then your company will be added to the company registration. Certificate of registration of company new applicants memorandum and articles of association new applicants work entry permit for non kenyans involved in the business and copies of affidavit for non resident directors copy of insurance cover where applicable. Invention means a solution to a specific problem in the field of technology. Company formation in kenya private limited company. Occupation you will need to state your occupation e. How to register a company in kenya online 2021 guidelines. Step 1 log into your ecitizen portal go to the ecitizen portal and key in your usernameemail and password. Briantony international consultants is a professional firm duly registered and company secretarial services cps or corporate secretarial services kenya, company registration in kenya services, foreign company registration in kenya services, management consultancy, management, legal and corporate training, company and commercial law services in conjunction with in house licensed advocates. These documents should be drafted by a registered lawyer who is a current practitioner and is in the current roll of lawyers at the law society of kenya. Mar 01, 2019 once you are in the business registration service, click on make application. You can now fill out and make an online application for a limited.

The platform will display some of the options shown below. Registering a company in kenya was once a difficult and complicated. The complete guide to registering your business name. Once you have tracked down the correct website, you will need to find the correct form. Print out a copy of form cr8 and write in the name and business type of your company. Dissolutionderegistration and restoration of a company. Full names your full names as displayed on your idpassport will be used on the application. However, its now easy to register a company through the ecitizen portal. To create an ecitizen account, you require your national id, email address, passport photo, and your phone number. We process company registrations in averagely 7 days.

Its important to note that from 15th october 2017, no manual registration of businesses will be done by the registrar of companies. Here is the new process of registering a business in kenya. The amount of money payable is dependent upon the proposed companys. The name search and reservation process can be done on the ecitizen platform. Correctly completed company registration form this form. Apply and pay for registration obtain registration. To register a limited company for your consultancy business, you will need to prepare the following information and documents in order to start off the registration process.

Legal requirements for starting a business in kenya. The kenyan government requires businesses to provide the official residential addresses of the director or directors including any directors who live outside of kenya. Company registration processes are now online and have to be done on the ecitizen platform. The process of registration of a partnership in kenya has been revised into a new one. Here is the process of registering or transferring land in kenya. Its a simple process, if youre in nairobi, first you go to huduma centre and do a name search you give a list of 3 name options for your business its kshs. Next, click on make application to begin the application process. How long does the company registration process take. Business name search and registration in kenya guidelines. It will take you a section where you will click on business name registration. To start trading in kenya, you need to register your company with company registry and then register with kenya revenue authority kra. Unlike a sole proprietorship, the daytoday decisions are entrusted to the board of.

Apply and obtain land rent clearance certificate this is done from the commissioner of lands office. Its a simple process, if youre in nairobi, first you go to huduma centre and do a name search you give a list of 3 name options for your. The following are the general steps to follow in the registration of an entity. The procedure for the incorporation of a private company. After the check, you can register the name of your choice and it usually takes at least 5 days and costs about kshs. An ecitizen account that belongs to a director of your company register an ecitizen account here register b. As you wait for the business name approval, you can prepare the following documents that are vital for the process. Payment is made via electronic means such as mobile money. After two days and your business name is approved, to can now proceed to register your business. Company registration in botswana how to register a company. A person wishing to incorporate a company should lodge with the registrar the following documents. Aug 08, 2019 advantages of registering a limited company over registering a business name. Registering a company in kenya in the digital era has been made easier via the.

What is the difference between a bn registration and a limited company registration. The process of online business registration in kenya is done after a name search and reservation by the office of the attorney general. The requirements are the business name and registration number and the date of winding up. Mar 29, 2021 this includes registering your company which will enable you to get public procurement. Write out the companys directors addresses on form cr8. Complete guide to registering your business in kenya mint. The government of kenya has streamlined the business registration process by introducing online business registration systems, making it easier and convenient for anyone wanting to register from any location in kenya. Name search the proposed company name must be searched and reserved pending registration. Advantages of registering a limited company in kenya. The name search and reservation process can be done at any of the. If it is accepted the registrar will reserve the name for 30 days. Change of name of company business namelimited liability partnership. Registering a company in kenya ecitizen ecitizen is a kenyan online portal through which the government carries out most of its.

Debenture the companies act cap 486 of the laws of kenya provides the legal regime for the registration of. How to register a business in kenya business ideas africa. How to register a partnership company in kenya 2020 bizna kenya. Search for names can be done online at the database of the. In addition, youll also need some money to pay for the company registration fees. It is easy, fast and convenient to register a company in kenya whether the company owners are local or foreign. A sole proprietorship is a business registration under the business names act and is generally referred to as a bn registration business name.

Steps to follow to register a company in kenya online. How to register a company in kenya, adhering to all legal. How to deregister a company in kenya mms advocates. Documents required for registration of a company 1. Fee schedule companies registry brs business registration. As you start working on getting stationery for your company, some businesses in kenya usually opt to get a company seal so they can use it for signing contracts, deeds, share certificates and many more official company documents. Registration of business is done on the ecitizen portal, which has made the process very fast and convenient. The first step when registering a new company in kenya is to submit your preferred names by selecting a package of choice. To export means to take or cause to be taken out of the partner state. Company registration in botswana how to register a.

A partnership business involves two or more people who share ownership and contribution to the business. Once you are in the business registration service, click on make application. Africa business consultant exceeded our expectations. Company name you can come up with upto 23 company name suggestions that we can help you find its availability at huduma center. In the event of the business owner being a corporation, it may be signed by the director or the secretary. Company registration in kenya grow your business in africa. The first step is to log in to the ecitizen account. One can now do a name search and even register their business fully online on ecitizen. There are two ways you can legally register your business. Application for reservation of a name are made filling out form cr 14 and be accompanied with the prescribed fee.

Once you have created an ecitizen account and gathered all the documents that you need, go to business registration service and click get service. You will have to apply for another name and when its approved you will have to follow a company name change process. To register a company in kenya, you shall require the following. Should someone do the company registration alone or get the help from somebody. In the next step, you will need to choose the type of business you want to register plus your preferred business name. Dissolution of a company in kenya east africa business. A company limited by guarantee requires all directors and members to undergo vetting before the company is registered. With the introduction of the company act 2015, it only requires a minimum of 1 director. Can one person register a company in kenya how many people are required to register a company in kenya one or at least two. Many young people in kenya have tried to form companies either as groups or as individuals but the process has been lengthy and tedious. How to register a company or business in kenya web4africa kenya. The ecitizen is a government profile offering a variety of services like nhif, kra, nssf, renewal of driving license and birth registration among others.

Deregistration of a company begins with a special meeting of the board of directors, in which a resolution to dissolve the company is passed. How to register different business entities in kenya. Here is what you need to know if you are looking to get a company seal in kenya. Sep 25, 2020 requirements for registering a company in kenya. At the end of its doing business, a company may also be deregistered or dissolved. In kenya, the procedure for registering a nongovernmental organization is the. Sep 11, 2018 registering a company organisation entity in a very dynamic kenya and nairobi precisely can be frustrating. Once you log in, select business registration service. Dec 12, 2015 the registration process under the 1948 act involves the filing of the company s constitution memorandum and articles of association together with some statutory forms setting out the details of the foreign company s directors, such as the company secretary, the registered offices in kenya and in the country in which the company is. Jan 05, 2019 with the above in mind, let us delve into the formation and registration process of a company. Enter your preferred business names in at least 3 of the 5 slots provided, click save and continue. Company registration is essentially the process of registering a business as a limited liability company within kenya. The minutes of this meeting are required to be submitted, together with the resolution itself, in the form of a cr19 form, an application to be struck out of the. A company in botswana is registered by the registrar of companies and intellectual property rocip.