How to register a company in Kenya

How to register a company in Kenya

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Kenya is located on the Eastern Region of the African Continent. It is also well known for its tourism especially its safaris as it has a number of national parks and reserves for wildlife. It also has surprisingly nice beaches in the coastal region which fronts the Indian Ocean. The country has a population of 48 million as at January 2017. You may seek to know right information of how to register a company in Kenya.

The country’s economy mainly depends on tourism as it contributes 61% to its Gross Domestic Product. It also depends on agriculture where coffee and tea are its cash crops. It has also started quite recently to export fresh flowers to Europe. The country’s currency is called Kenya shilling (KES).

Before you start a business, you need to decide the type or nature of business that you want to pursue. Once you have decided then you would need to incorporate a company.

Types of companies available in Kenya

The types of companies available are normally quite similar anywhere in the world. The companies are –

How to register a limited liability company in Kenya

Kenya ranks quite high in the Ease of Doing Business report at 92 out of 190 countries (2017 data). The following process will help how to register a limited liability company in Kenya –

There is a flat fees of KES10,000 for each application and this process takes about 12 days.

– Large trader, shop or retails service with 21-50 employees with business premise with a size of 300-3,000 square meters or at a prime location, the fees are KES30,000.

– Medium trader, shop or retail with 5-20 employees and premise of 50-3,000 square meters, the fees are KES15,000

Company registration fee in Kenya

Read how to register a company in Kenya and in addition to this there is an application fee of KES200.

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