The procedure for company registration in Kenya is currently done online on E-CITIZEN. This applies to both local and foreign companies.
Step 1: Conduct a Name Search
The first step in registering a company in Kenya is conducting a name search to ensure the chosen name is available. This process can be done through the Registrar of Companies in Kenya’s online platform. It is crucial to select a unique name that does not infringe on existing trademarks or intellectual property rights. You will need to provide at least 3 unique names for the search. Worth noting that the name search is done simultaneously with the registration of the company as one process.
Step 2: Incorporation documents
After conducting a name search, you need to reserve the company name by applying for the Registrar of Companies in Kenya. The application includes your company’s proposed name, objectives, and registered office address. This process will culminate by preparing forms CR 1, CR 2, CR 6, and CR 8. These forms will be required if you need to open an account as they are the company’s constitutive documents. Please note that we can provide the registered office address in Kenya.
Step 3: Articles of Association
Please note that you can now adopt Model Articles of Association or submit your Articles of Association. Model Articles of Association are contained in the Companies Act.
Step 4: File the Incorporation Documents
Once the incorporation documents are prepared and signed, the next step is filing them with the Registrar of Companies in Kenya. If the documents are in order, the Registrar of Companies in Kenya will issue a Certificate of Incorporation, which is the final step.
Step 5: Obtain Licenses and Permits
You may need additional licenses and permits to operate legally depending on your business’s nature. Examples include business licenses, trade licenses, and permits from regulatory bodies such as the Kenya Revenue Authority and the National Environment Management Authority depending on the type of business you will be carrying out. We can help you in obtaining licenses and permits.
Step 6: Register for Taxation
All companies in Kenya are required to register for taxation with the Kenya Revenue Authority (KRA). Registering for taxation involves obtaining a Personal Identification Number (PIN) and registering for Value Added Tax (VAT) if your company’s turnover exceeds the threshold set by the KRA.
Step 7: Open a Bank Account
Opening a bank account for your company is essential for financial transactions such as receiving payments from customers, paying suppliers, and paying taxes.
Conclusion
We can help you register your company, and obtain relevant permits and licenses in Kenya.