Legal entity types in Kenya compared
We have expertise in helping entrepreneurs navigate Kenya’s business structures. Our thorough services help you select the best structure for your business and meet all legal obligations. Let’s examine the different business structures and discuss how we can assist you in establishing your presence in Kenya.
Legal entities in Kenya
Here is a summary of the most commonly used legal entities in Kenya:
Entity | Local name | Min. share capital | Management | Incorporation time (approx.) |
---|---|---|---|---|
Private Limited Company | Kampuni ya Kikomo | $ 0 | Directors | 14 days |
Public Limited Company | Kampuni ya Kikomo ya Umma | Not specified | Board of directors | 21 days |
Branch Office | – | – | Branch manager | 15 days |
Holding Company | – | – | Board of directors | 10 days |
Private Limited Company (Kampuni ya Kikomo)
The Private Limited Company is commonly chosen by small to medium-sized businesses in Kenya. It offers limited liability protection and a flexible structure, making it a good option for entrepreneurs. We are available to assist you in establishing your Private Limited Company in Kenya.
Public Limited Company (Kampuni ya Kikomo ya Umma)
Large corporations in Kenya often opt for a Public Limited Company due to its advantages, such as the ability to raise capital through public offerings and its flexible structure. We can help you with registering your Public Limited Company in Kenya.
Branch Office
A branch office serves as a continuation of a main company, enabling it to operate in a different area while still maintaining its initial legal status. Setting up a branch office in Kenya can be beneficial for businesses wishing to grow their activities in the country without having to establish a distinct legal entity. By functioning as a branch, the main company can make use of its current brand image and assets while entering new markets. We provide extensive assistance in navigating the complexities of establishing and overseeing a branch office in Kenya, guaranteeing a seamless and compliant entry into the market.
Holding Company
A holding company, commonly used to oversee other businesses by owning their shares, can provide several advantages in Kenya including centralized management, risk spread, and tax benefits. Setting up a holding company enables efficient management of multiple subsidiaries, simplifies decision-making, and improves tax planning. Our knowledgeable team offers personalized support to assist in establishing and running a holding company in Kenya, ensuring adherence to regulations and maximizing corporate structure potential.
Requirements for starting the business
Let’s examine the key necessities for initiating any form of business establishment in Kenya and how our committed team supports you throughout the entire process.
Minimum share capital
Kenya has minimum share capital requirements depending on the business structure chosen. Our experts will help you calculate the required minimum share capital for your business, regardless of the type of corporation. We will work closely with you to make sure you follow regulations and make the most of your financial resources.
Directors and shareholders
In Kenya, every company must have directors and shareholders. Our experts provide valuable guidance on selecting directors who align with your business goals and bring valuable experience to help your company grow.
Legal duties and obedience
Ensuring compliance with registration, reporting, and tax obligations is essential. Our legal team manages administrative tasks to guarantee full compliance, freeing you to concentrate on core operations as we handle paperwork.
Book a consultation
The team ensures they fully comprehend your objectives, field, and obstacles to offer tailored assistance during the process of setting up your business. Our expertise and commitment guarantee a smooth journey towards establishing a successful company in Kenya. Do not let the challenges of starting a business in Kenya hinder your success. Trust in us to help your company reach its full potential. Start your path to success by reaching out to us today. Complete and send the inquiry form below, and our team will reach out to you.