Category: corporate and commercial law
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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…
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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…
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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…
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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…
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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…
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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…