Company Formation in Kenya
Africa
Overview
In recent years, Kenya has significantly changed its legislation, making it attractive for foreign investors. The country is rich in natural resources and has developed sectors such as agriculture and tourism. Kenya has emerged as a leader in obtaining credits and protecting minority shareholders, ranking high globally in the World Bank's Doing Business report (56th). The government is actively working to simplify business processes, making it an increasingly favorable jurisdiction for company formation and startups. Kenya serves as an important financial, economic, and tourism hub on the continent, with strong trade ties to major countries.
Our Process
Step 1: Name Reservation and Approval
Secure a unique company name in compliance with Kenyan regulations.
Step 2: Document Preparation and Filing
Prepare and submit all necessary incorporation documents, including the company's constitution and director details.
Step 3: Company Registration
Official registration of the company with the relevant Kenyan authorities.
Step 4: Corporate Bank Account Opening
Facilitate the opening of a corporate bank account with a local bank.
Key Requirements
- Unique company name
- Registered Kenyan physical address
- Minimum 1 resident director
- Minimum number of shareholders and directors (varies by company type)
- Stated share capital (e.g., $2 for LLCs, $97,000 for PLCs)