How Much To Register A Limited Company In Kenya
How to Register a Company in Kenya. The Companies Act 2015 Section 711 1 exempts small companies from the audit requirements.
Kenya incorporation costs in Year 1 amount to US8750 and annual costs in Year 2 and thereafter amount to US0.
How much to register a limited company in kenya. Kenya ranks quite high in the Ease of Doing Business report at 92 out of 190 countries 2017 data. The total cost fee for registering a limited company in Kenya is Kenya shilling 10750 government statutory feethis fee may rise if you are using a lawyer or an agent. Partnership and Sole proprietorship Ksh 1000.
Company Limited by Guarantee. Reserve your business name. You can register a company in the eCitizen platform at any huduma centre countrywide.
Registration takes a week and certificate will be available on the eCitizen platform for download. With over 13 years experience in company formation and company compliance services in Kenya we are best suited to provide you with a company registration solution for your business requirements in Kenya. 254 020 225 1355.
Limited Company registration cost varies depending on your needs. The position 56 is out of 190 countries measured in the ease of doing business index. The average fee per Kenya engagement amounts to US17350 including company incorporation company secretary corporate bank account opening VAT registration and estimated Government fees.
The law stipulates that a small company is the one whose turnover is not more than 50 million Kenya shillings and the value of its assets is not more than 20 million Kenya shillings and has less than 50 employees. 254 020 222 7461. The following process will help how to register a limited liability company in Kenya Reserve a company name The applicant must submit a form with the reserved names to the Nairobi Huduma Centre.
There is a charge of KES100 per reserved name. How to register a Public Company in Kenya Public Company registration in Kenya. Phone number 1.
BRS together with its strategic partners and stakeholders strive to. Bronze Plan from ksh 17000 to Ksh. 20000 Includes Name Search Certificate of Incorporation Memorandum Only.
This Includes Name Search Certificate of Incorporation Memorandum Article of Association Only. 30 rows Registration of Business name. You will fill the company registration form.
Our Online company registration service in kenya is second to non. June 3 2020. Ksh 3000 1-25 members Ksh 7500 26-100 members Ksh 15000 Over 100 members additional Ksh 2000 for each additional 50 members.
How much it cost to register a company in Kenya. It is also possible to register a company where you are the shareholder and director of that company. Application for reservation of a name are made filling out Form CR 14 and be accompanied with the prescribed fee.
Gold Plan From Ksh. The name must bear the words Public limited company or PLC. Refer to draft invoice in the table below.
Lite Plan Ksh. All privates companies with share capital exceeding five million Kenyan shillings should not have a secretary. 1NAME SEARCH The Proposed name must be searched and reserved.
40000 to Ksh 60000. So now you know the process of registering a limited company in Kenya. Any Adult person or company qualifies to register a Limited company in Kenya.
You can download the form via this LINK. Kenya incorporation costs in Year 1 amount to US8750 and annual costs in Year 2 and thereafter amount to US0. We currently offer two 2 package plans as shown below.
Limited Company registration cost varies depending on your needs. Finally you will be awarded a certificate of incorporation or business registration certificate which you can download from the eCitizen Portal. Company registration Ksh 10650.
After registration you will be required to open a bank. Public companies should always have a secretary. Name search Ksh 150.
This has been pegged on among among others automation of systems that have made starting business in Kenya easy. The next requirement will be to get a registered lawyer to prepare the Memorandum and.
