KenyaWe assist global clients looking to do business in Kenya with the A to Z of business setup without the need for the client to travel to Kenya . Some of our services include:
Regulatory licenses across all sectors
Provision of nominee directors and shareholders
Recruitment and employee hiring
Virtual/Physical Office space solutions
Employment and residency visas
The most common corporate structures preferred by foreign investors setting up in Kenya include i) the limited liability company (LLC/LTD) and ii) the branch office. See detailed comparison below:
Advantages and disadvantages of Kenya business setup:
- Company setup process is straightforward with professional assistance.
- The most vibrant economy in East Africa and is doorway to a huge regional market.
- Availability of Huduma Centers across the country to assist with business registration andlicensing.
- Trading and services providers can establish an LLC, PLC or Branch Office.
- Skilled professionals can establish limited liability partnerships (LLP).
- Availability of shelf companies for those looking to start business immediately.
- Availability of tax-exempt Export Processing Zones (EPZs) for those looking to establish manufacturing or repackaging units.
- Availability of abundant highly skilled and qualified labor force;
- High proficiency in English.
- High level of corruption in both the private and public sectors.
- High corporate tax of 30% for an LLC and 37.5% for branch offices.
- Restriction in some lucrative sectors including aviation, insurance and telecommunications.
- Frequent power cuts and delayed projects due to bureaucracy.
- Difficulty in obtaining work permits for expats which requires a US$100,000 minimum deposit in your local corporate account.
Important links:
- Companies Registration Office
- Kenya Revenue Authority
- Ministry of Industrialization, Trade and Enterprise Development
- Export Processing Zone
- Invest in Kenya
- Ministry of Foreign Affairs of the Republic of Kenya
- The National Treasury
- Kenya Tax Overview - PwC
- Doing Business – World Bank
- Kenya National Innovation Agency (KeNIA)
- Central Bank of Kenya
Company incorporation steps in Kenya:
- Choosing a company name: Girimba Consultants shall ensure the name is unique and complies with Kenya regulations and shall reserve the name with the registration office.
- Prepare incorporation documents: We shall draft the Memorandum and Articles of Association and other documents and have the Client append their signatures.
- Submission of documents to the Ministry of trade: Girimba Consultants shall submit the incorporation documents to the Ministry of trade Kenya.
- Certificate of Incorporation: The Certificate of Incorporation shall be Issued by the Kenyan Trade Registry.
- Trade Licenses and Permits: Our Team shall obtain the requisite industry specific licenses and permits for the company.
- Registration for Social Security: Girimba Consultants shall register the Company with the Kenyan Social Protection System for employee’s contributions and other agencies.
- Registration for Payroll Tax: Our Team will also register the Company with the Kenyan Tax Administration.
- Opening a bank account: Our Team shall help our Client open a Bank Account with a top tier bank in Kenya.
Girimba Consulting conducts business with openness, transperancy and honesty.We respect and uphold our Clients’ confidentiality, we offer quality service at affordable rates. Contact us for professional solutions.
Clarence S. Carlos
Regional Cordinator
Clarence is our regional cordinator and head of business setup secretariat.