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