The cost of registering a foreign company in Kenya is our most Frequently Asked Question and in this article, we aim to provide as adequate an answer to the question as possible. Registering a foreign company in Kenya is a crucial step for international businesses looking to enter the hub of East African business. This article…
There are two distinct types of companies available for registration in Kenya: Limited and Unlimited companies. The Companies Act provides the legislative framework for the incorporation, registration, operation, management and regulation of companies and the primary source of law on companies. While you may not be able to read through the extensive Act, members are…
Introduction Several steps need to be taken before filing an official application (form CR 1) for the registration of a company. These steps help ensure that the registration process goes smoothly and that the business is set up for long-term success. The company registration process is governed by the Registration of Business Names Act, the…
There are five main company registration requirements in Kenya: the documents required during the registration process. Also referred to as incorporation, the registration of a company is a legal process governed by the Companies Act No.17 of 2015. The Act also provides for the operation, management and regulation of all The Different Types of Companies…
Debt collection and debt recovery are critical processes for individuals and businesses in Kenya facing unpaid obligations. Many people use the terms interchangeably, but they refer to different procedures. This article explains both, detailing the steps involved, the laws governing these processes, and how a lawyer can assist. What is Debt Collection? Debt collection is…
In Kenya, the debt collection process is a structured procedure. It is aimed at recovering outstanding debts while adhering to legal requirements. Understanding this process is essential for creditors looking to navigate the complexities of debt recovery effectively. In this article, we delve into the steps involved in the debt collection process. We also highlight…
If you’re looking to start a business in Kenya, registering a company is one of the first legal steps. The process is straightforward, and with the right guidance, you can avoid delays and mistakes. This guide breaks down everything you need to know, including costs, legal requirements, and why hiring a lawyer can save you…
Introduction Kenya offers tremendous opportunities for foreign investors. Its strategic location, well-developed infrastructure, growing tech-savvy population, and robust economy make it an ideal destination for businesses expanding to Kenya, the East African region and Africa in general. Consequently, a foreign company may find itself opening its doors in Kenya. For a foreign company to operate…
Staying compliant with the rules of corporate law is crucial in today’s fast-paced business environment. Companies face ever-evolving legal requirements, making the role of a company secretary essential. In Kenya, the Companies Act outlines the importance of a company secretary, highlighting the vital role they play in ensuring governance, compliance, and efficiency within an organization. But…
This article provides guidance on how to respond to a demand letter, ensuring you take the right steps to address the situation and avoid escalating the matter further. What is a Demand Letter? A demand letter is a formal notice sent by one party to another, outlining a grievance and seeking a specific remedy. The…
Introduction A company registered in Kenya can be deregistered. Deregistration involves the removal or striking off of the company’s name from the register of companies. Under the Companies Act, it is either the directors of the company or the Registrar of Companies that can initiate the deregistration process. Bear in mind that the deregistration of…
A demand letter is an essential legal tool used to resolve disputes before court action. It serves as a formal request for a specific action, often involving debt recovery, contract breaches, or other legal obligations. In Kenya, a well-drafted demand letter is often the first step to resolving conflicts without going to court. This article…