Category: business structures
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Introduction Most partnership disputes do not begin when the disagreement happens. They begin much earlier, when the founders start a business based on trust, assumptions, friendship, or verbal understandings, without properly documenting them. At the beginning, this usually feels harmless as everyone is aligned and the business is small. No one expects conflict. When things…
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A company can spend years building value, only for everything to unravel when one of the partners wants to exit. Exits are not always voluntary. Therefore, it is important to have a solid mechanism that protects both minority and majority shareholders in the event of a forced exit. This is what drag-along and tag-along clauses…
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After the difficult hurdle of developing our business idea, you can convince a spouse, friend, relative, an investor or other type of business partner to invest in your idea based on trust. The classic “we will figure things out as we go.” The company is registered, shares are issued, roles are assumed, and operations begin.…
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Share transfers in Kenya are a critical part of managing company ownership and investment. Whether you’re bringing in a new investor, exiting the business, transferring shares to family, or restructuring your company, knowing how to transfer shares legally and efficiently is essential. Many business owners underestimate the importance of following due process—until they’re stuck trying…
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A Private Limited Company is the preferred business structure for many entrepreneurs starting or restructuring a business in Kenya. Investors and credit providers also prefer it. This guide includes everything you need to know about Private Limited Companies in Kenya. What Is a Private Limited Company? A Private Limited Company (abbreviated “LTD”) is a company…
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Is a General Partnership Right for You? If you’re starting a business in Kenya and you have one or more partners, a general partnership might be a simple and affordable way to get going. Similar to a sole proprietorship but making it possible to have partners, a general partnership is a suitable business structure for…
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Introduction In Kenya, a Limited Liability Partnership is an excellent business structure for professionals and small businesses looking to grow while managing risk. An LLP combines the flexibility of a partnership with the liability protection of a company. This article breaks down everything you need to know about Limited Liability Partnerships in Kenya. What Is…
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In Kenya, a sole proprietorship is the easiest and most affordable business structure to set up. Starting a business is, by itself, overwhelming, so it helps that you can simply start and change the structure as the business grows. Sole proprietorships are the perfect structure for individual entrepreneurs who want to formalise their business, open…
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Kenya is a prime destination for foreign companies looking to expand into Africa. This strategic location is highly connected to the East African Community, the wider African continent, has a growing economy and a favourable business environment. This article is a guide for foreign companies looking to set up local operations in Kenya. It is…
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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…
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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…