Holding Company in Kenya
A holding company is a company that does not have any active operations, ventures, or other duties. It was created with the primary purpose of acquiring assets. To put it another way, the company doesn’t buy or sell anything. Instead, it was created with the intent of gaining control of one or more firms.
We provide the best expertise for all types of company registration and setup, our manpower and tools give our customers the edge over their competitors.
Setup a Holding Company
Our Holding company solutions in Kenya:
- Registration services,
- Accountancy services,
- HR services,
- Banking services.
Holding company formation procedure
If you want to build a holding company, the first step is to study the formation process in the state where the company will be based.
Complete the articles of incorporation form according to the instructions and submit it.
Include a statement outlining the company’s goals.
List the names and addresses of the inaugural board of directors of the holding company.
Requirements to form a Holding company
A foreign corporation is a term used to refer to an existing corporation that is incorporated in a state or jurisdiction other than the one in which it was originally incorporated. Companies registered outside Kenya can do business in Kenya by registering a branch office. When all the requirements are met, the business registrar issues a certificate of compliance, after which you can start a business.
Necessary documents
The requirements for registration include:
- foreign business memorandum and Articles of Association,
- certificate of Incorporation duly certified by a Notary Public,
- translated documents by a Notary Public,
- Appointment of a Local representative of the Foreign Company in Kenya,
- The registered address of the Foreign Company in County of registration,
- Notification of directors’ residential address (Form CR8),
- Proposed registered address in Kenya,
- Copies of Passport and passport photos of the Directors/shareholders.
Form a Holding company in Kenya
Establish a holding company in Kenya with the support of our authorized specialists, who will guide you in preparing and completing all of the required documents.
Other legal forms in Kenya
In Kenya, international enterprises can choose from three different types of business structures. Each of these company structures has its own set of benefits and drawbacks, as well as different business scopes, registration processes, and minimum capital needs. In most circumstances, it will be determined by a company’s level of commitment to Kenya and the projected business activity.
You have the following alternatives when forming a corporation in Kenya:
- Public Limited Company,
- Private Limited Company,
- Branch Office,
- Holding Company.