How to register a Limited company in Kenya.
At Business and Immigration East Africa, we provide you with fast and reliable company registration and support services for your business. Any individual or group of people may register a limited company in Kenya for purposes of Business. Both locals and Foreign nationals may freely register a limited liability in Kenya without any restrictions.
Process of registering a company in kenya
The procedure of registering a company in kenya includes the following
- Name SearchThe proposed company name has to be searched and reserved by the registrar of companies.
- Execution of application forms Forms CR1, CR2, CR8 and statement of Nominal capital. Once the name is approved and reserved. The company registration forms are executed and signed by the subscribers and directors of the company.
- Application for registration The application forms are then launched with the Registrar of companies via BRS Portal for registration.
- Payment of application The application is submitted and payment for the application is done via the BRS portal.
- Registration The application is processed and if successful a certificate of Incorporation is issued.
- PIN applicationAfter registration of the company the directors may apply for a Tax PIN certificate.
Requirements to register a company in kenya
Registration requirements in Kenya include the following.
- Proposed name of company. Three names in order of priority.
- Nature of business and objectives of the company.
- Names of the Directors of the company.
- Names of the shareholders if different from the directors.
- Contact information of the directors and shareholders - Email address, Telephone number, postal address and residential addresses.
- Division of shares between the shareholders of the company.
- Class of shares issued by the company.
- Scans of Passport bio data and passport photo of directors and shareholders.
- Nominal capital of the company.
- Proposed physical address of the company.
Can a foreigner register a company in Kenya?
A foreign national wishing to register and own a company in Kenya may do so under either of the following conditions.
- Appointment of a local Kenyan Director
- Appointment of a local certified company secretary.
Kenyan shareholding is required under other compliance and licensing regulations such as.
- Banking and financial Institutions.
- Betting Companies
- Recruitment companies
- Security Companies
- Etc
Cost of company registration in Kenya.
The cost of opening a company in Kenya varies with the Nominal capital of the company. However, the basic Cost is KES 10,850
“After reservation of the proposed company name. We prepare the company registration forms viz, CR1, CR2, CR8 and STATEMENT OF NIMINAL CAPITAL and submit the same for registration.”
Can I register a company alone in Kenya?
The New companies Act provides for a minimum of 1 Director / shareholder in a company, So there can be a sole director ( shareholder) in a Kenya Company.
We also provide a whole range of post registration services to our clients.
- Foreign director PIN
- Company PIN
- Bank account processing
A PIN is a Tax registration certificate required by persons and corporates to open bank account, get a least, single business permits etc..
How can I check if a company is registered in Kenya?
To check the registration status of a company in Kenya or to confirm if the company is registered you can conduct a search on the eCitizen portal for a CR12 or official search.
Documents required to register a company.
To incorporate a limited company in Kenya, you will need the following documents.
- Statement of Nominal capital.
- CR1 - Company Registration form.
- CR 2 - Memorandum of a company with share capital
- BOF-1 - Beneficial owner Form
- CR 8 - Notice of address of Directors of a company,
- Model Articles of Association.