Company registration in Kenya

Name of service Bronze Silver Gold
Company name verification and reservation in register of Kenya Investment Authorities Verifying the availability and reserving of your preferred company name in the Kenya Investment Authority
Company registration in form of LLC, including government fees Preparation and submission of all required documents and fees to the relevant government authorities for company registration, ensuring a streamlined process for our clients
Memorandum of Association Preparation of the memorandum of association, which defines the procedure for the creation of the company; the authorized capital of the company; the size and nominal value of the shares of the founders, as well as the order of payment
Certificate of Incorporation Provision of international standard certificate of incorporation for your company
Company tax registration, TIN Gathering, processing and filing the necessary paperwork for registration with Kenya Revenue Authority
Company seal Production of the company seal
Assistance in opening a corporate account in local bank Collecting, processing and filing the necessary documents for opening a corporate account with a local bank
Assistance in opening a personal bank account Collection, processing and filing of the documents required to open a personal account, including consultation of appropriate jurisdiction
Local services (director/shareholder) for one (1) year Provision of a local resident shareholder or director for 1 (one) year
Free Consultation We offer a free consultation where you can discuss your needs and questions regarding company registration and management. Our experts will be happy to help you understand the process and provide guidance based on your situation. We are happy to answer your questions and help you make an informed decision about the services you need
Total cost
1800 USD 2800 USD 4700 USD
Provision of a legal address for 1 (one) year
1000 USD 1000 USD 1000 USD
Remote company registration with transfer of authority
300 USD 300 USD 300 USD
Accounting services
250 USD 250 USD 250 USD

Deal of the month

If you will register a company until April 30,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

Kenya is a fast-growing country in East Africa. This jurisdiction may appear as a suitable option for export-oriented manufacturers as doing business here is cost-effective in most cases. The country also has a rapidly developing e-commerce business hub and telecommunication sector. If you consider this jurisdiction as potentially suitable for establishing your business presence, this can be actually made in one of the next forms.

Major Forms of Legal and Business Presence

If you think about becoming present in Kenya, you may do this in one of the next major forms:
  • Private Company Limited by Shares – an entity where the liability of each shareholder is limited to the invested amount only. The maximum number of shareholders is 50 in this case. General demands for the exact amount of statutory capital are absent here. Still, certain restrictions concerning the transfer of the shares should exist. The company is also prohibited from making public offerings of its shares to the public.
  • Public Company Limited by Shares – a corporate entity where the liability of each shareholder is also restricted to the value of owned shares only. Still, the company may freely offer its shares to the public. For a publicly listed company, the statutory capital should be at least KES 6.75 million.
  • Partnership – a business arrangement for conducting joint commercial activity where business partners are jointly and severally liable for the result of the partnership’s operation.
  • Limited Liability Partnership – a business option where cannot be more than 20 partners among which should be (i) at least one general partner who bears the unlimited financial liability for the results of the partnership's operation and actually manage such partnership and (ii) one or more limited partners whose liability is restricted to the contributed amounts only without the right to operate to partnership's activity.
  • Branch – an opportunity for an overseas company to perform in Kenya the same types of commercial activities as abroad.
  • Society – a type of formation that is arranged for the purpose of promotion of the economical interests of its participants (these are trade associations, for instance, and similar organizations). 10 members at least should form a society.

Registration Requirements and Steps

The business registration process in Kenya, preliminary looks this way:
  1. Identifying exactly the type of business you are going to incorporate in Kenya.
  2. Choosing and verifying the name for a future entity. The chosen name should be reserved.
  3. Arranging the registered office of a future entity.
  4. Collecting data about founders, beneficial owners and entity's management.
  5. Drafting the statutory documents.
  6. Lodging the package of documents to the Registrar.
  7. Registration for tax and social security purposes.
  8. Opening a corporate bank account.
  9. Obtaining licenses and permits (optional).

Legal and Regulatory Framework

The local legal system is based on the model of English common law. There are no restrictions or required approvals for foreign investors. It is comparatively easy to enter this country and conduct business there. The Companies Acts, the Registration of Business Names Act, the Partnership Act, the Limited Liability Partnership Act, the Societies Act, the Export Processing Zones Act are major legal acts governing the incorporation and running of a business in Kenya. The Business Registration Service, the Ministry of Industrialization, Trade and Enterprise Development, the Kenya Revenue Authority, the Capital Markets Authority are major regulatory authorities of this jurisdiction.

Advantages of the Jurisdiction

Setting up a company in Kenya may be promising in view of the next potential benefits:
  • Stable economic environment
  • Good access to many trade markets (the East African Community, the Common Market for Eastern and South Africa, for instance)
  • Good infrastructure
  • Encouragement of foreign investments (providing tax exemptions in local Export Processing Zones, for example)

Tax System of Kenya

In this block, you may see major tax highlights you should be aware of while assessing an option of the company registration in Kenya:
  • Corporate income tax rates – (a) 30% - for resident entities (b) 37.5% - for non-resident entities
  • Personal income tax rate – 30%
  • VAT rate – 16%
  • Withholding tax rates (for non-residents) – (i) dividends – 15% (ii) interests – 15-25% (iii) royalties – 20%.
  • Capital gains tax rates – (i) corporate – 5% (ii) individual – 5%.

How Prifinance Specialists May Assist You

If you intend to create a company in Kenya, Prifinance specialists may provide you with well-grounded consideration of this option as well as suggest alternatives. Reach us for more precise discussions and suggestions for all registration-related and business matters.

Cooperation

Our clients

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I NI N
10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
K NK N
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again
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