COMPANY REGISTRATION IN KENYA-PRIVATE LIMITED COMPANY
Registration of a
company in Kenya is currently done online on E-CITIZEN. This is the
procedure of registration of a company in Kenya and applies both to local and
foreign companies.
Step 1: Conduct
a Name Search
The first step in
registering a company in Kenya is listing down at least three names that you
want your company to be named after. These names are submitted at the Business Registration
Service Portal and it is the first step as you go on filling in the other
information. It is crucial to select a unique name that does not infringe on
existing trademarks or intellectual property rights. Worth to note that the
name search is done simultaneously with the registration of the company as one
process.
Step 2:
Incorporation documents
After conducting a
name search, you need to reserve the company name by submitting an application
to the Registrar of Companies in Kenya. The application includes your company’s
objectives, and registered office address. This process will culminate by
preparing forms CR 1, CR 2, CR 6, and CR 8. These forms will be required if you
need to open an account as they are the company’s constitutive documents.
Please note that we can provide the registered office address in Kenya.
Step 3:
Articles of Association
Please note that
you can now adopt Model Articles of Association or submit your own Articles of
Association. Model Articles of Association are contained in the Companies Act.
Step 4: File
the Incorporation Documents
Once incorporation
documents are prepared and signed, the next step is filing the incorporation
documents with the Registrar of Companies in Kenya. If the documents are in
order, the Registrar of Companies in Kenya will issue a Certificate of
Incorporation. This is the final step.
Step 5: Obtain
Licenses and Permits
Depending on your
business’s nature, you may need additional licenses and permits to operate
legally. Examples include business licenses, trade licenses, and permits from
regulatory bodies such as the Kenya Revenue Authority and the National
Environment Management Authority depending on the type of business you will be
carrying out. We can help you in obtaining licenses and permits.
Step 6:
Register for Taxation
All companies in
Kenya are required to register for taxation with the Kenya Revenue Authority
(KRA). Registering for taxation involves obtaining a Personal Identification
Number (PIN) and registering for Value Added Tax (VAT) if your company’s
turnover exceeds the threshold set by the KRA.
Step 7: Open a
Bank Account
Opening a bank
account for your company is essential for financial transactions such as
receiving payments from customers, paying suppliers, and paying taxes.
Conclusion
We can help you
register your company, and obtain relevant permits and licenses in Kenya.
Please contact us on kiruidee@gmail.com
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