A company is defined as a legal entity formed by either an individual or a group of individuals with an aim of running a business or a profit-generating activity.
In Kenya, registering a company has become easy and more straightforward than before. Both Kenyan Citizens and foreigners can now successfully register a business or a company from the Government's services portal. Ideally, the process should take anywhere between a week to one month or even longer in case you do not have all the documentation required for Company Registration in Kenya.
Below is a list of Requirements for Registering a Company in Kenya.
1. E-Citizen Account
2. Passport Photo
3. Application Fees ( ksh 10,000 )
Step by Step Procedure on Company Registration.
Create an E-Citizen Account
eCitizen Account Creation |
Upon navigation to the Business Registration service Dashboard,Choose your type of registration service you need i.e
STEP BY STEP SUMMARY ON HOW TO REGISTER A COMPANY IN KENYA
Step 1: Choose a Company Name
The first step in registering a company in Kenya is choosing a company name. The name you choose should be unique, easy to remember, and not already in use by another company. You can check the availability of your chosen name on the eCitizen platform, which is the government's online portal for business registration.
Step 2: Reserve the Company Name
Once you have chosen a name for your company, you need to reserve it through the eCitizen platform. The reservation process takes up to 30 days, during which time no other company can use your chosen name.
Step 3: Prepare the Required Documents
To register a company in Kenya, you need to prepare the following documents:
- Memorandum of Association: This document outlines the company's objectives, rules, and regulations.
- Articles of Association: This document outlines the internal management and operations of the company.
- Company Registration Form: This form contains the details of the company, such as the name, address, and directors' details.
Step 4: Obtain the Necessary Licenses and Permits
Depending on the nature of your business, you may need to obtain additional licenses and permits before registering your company. You can find out which licenses and permits you need on the eCitizen platform.
Step 5: Register the Company
Once you have completed all the necessary steps, you can now register your company through the eCitizen platform. You will need to provide the required documents and pay the registration fees, which vary depending on the type of company you are registering.
Step 6: Obtain a Business Permit
After registering your company, you need to obtain a business permit from the county government where your business is located. The business permit allows you to operate legally in the county and is renewable on an annual basis.
Conclusion
In conclusion, registering a company in Kenya is a straightforward process that involves choosing a unique company name, reserving the name, preparing the necessary documents, obtaining the required licenses and permits, registering the company through the eCitizen platform, and obtaining a business permit from the county government. By following these steps, you can legally operate your business in Kenya and enjoy the benefits of being a registered company.Feel free to ask for guidance and Consult whenever possible on the comment section below.
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