It used to be difficult to register a company in Africa.The registration process has been streamlined by the government.The registration process can take up to a month if your documents are disorganized, but you can begin the process well in advance of when you want to start your business.
Step 1: Make an eCitizen account by gathering your Kenyan ID.
Much of its official business is conducted through the online portal eCitizen.It is easy to sign up for.To create a personal account, you need to include your name and your ID number.Enter a working email address.You can start your eCitizen account online.You can create an account from the top-right corner.You can use your Foreigner Certificate number instead of your ID number if you are a foreign citizen.A company can have directors who are not from the country.One of the directors will have to be a Kenyan citizen in order to access eCitizen and submit certain forms.
Step 2: There is a passport photo that is 2.2 in in.
You have to have a passport photo in order to register your eCitizen account.You can get a photograph taken at a drugstore or post office.When the photo is being taken, look directly into the camera and maintain a neutral expression.If you are wearing a hat or glasses, take them off.Attach a digital copy of the photo to your profile on the eCitizen portal.When you register your company, you need a photo to be taken within 6 months.
Step 3: Go to the home page of the business registration service.
You can access the online portal after you create your account.You can log in to the National Safety and Transport Authority, Business Registration Service, and Department of Immigration Services if you visit the eCitizen home page.There is a business registration service.You will be directed to the home page for the business registration service.You need to create an eCitizen account to access this page.You can't link directly to the business registration service page before you make the account.
Step 4: Pick a business type to begin your application.
Click on the next screen to choose the type of business you would like to create.There are 6 main types of businesses.A branch office of a foreign registered company is one of these.
Step 5: If you would like your business to have a name, enter it here.
Sally's Print Shop or QuickFix automotive services can be typed in the indicated field.If the name is too close to an already registered business, it will be rejected.If the name is acceptable, you should hear back from the registration service within 2 business days.The name will be reserved for 30 days if it is accepted.You have time to register your business.
Step 6: Pay the Kes.
Potential business owners are required to pay a small fee in order to run a business name search.You can pay using a credit card.Pay the fee to begin the name search by entering your name and credit card number into the respective text boxes.Once the name has been approved, the eCitizen site does not email you.You have to log in to your account daily to check if the approval has been granted.Kes.Roughly, 150 is equivalent to $1.50USD.
Step 7: You need to fill out the company registration form.
Write the company's name and location on a piece of paper.Form CR1 asks for the names and other personal information of all of the directors and shareholders of your company, as well as any who may live abroad.All company directors and shareholders should have a copy of the ID cards and passport photos scanned.Attach these documents to the completed form CR1.A copy of their government-issued ID from the country that they reside in is a must for company directors who live outside of Kenya.You can find a PDF copy of the form online.
Step 8: The addresses of the company's directors are listed on the form CR8.
The addresses of directors who live outside of the country are required by the government.Write the name and business type of your company on a copy of the form.Write down the legal name and home address of the company directors.To finalize the form, sign and date it.You can download a PDF version of form CR8 from the website.
Step 9: You can state your businesses nominal capital holdings on the form.
All new businesses have to declare their capital holdings.You can fill in the form with your own name and business name.Under the corresponding text boxes, give the amount of capital that your company has.How many shares the company's capital holdings are divided into can be stated if your company is publicly traded.You can find a PDF copy of form BN6 online.
Step 10: The Stamp Duty is calculated by the amount of capital your company has.
Stamp duty collection is overseen by the Kenya Revenue Authority.Once your business name is registered, the KRA will give you instructions on how to pay Stamp Duty.They want to know the ID number of your company's employees and shareholders.The minimum amount of money that you have to pay is Kes.The minimum nominal capital is Kes.There are 2,000.You will be charged Kes when you complete the Stamp Duty requirements.Each document must have 100 for it to be approved by the KRA.Sending in the required information and paying the Stamp Duty should take between 5 and 10 days.
Step 11: To outline your business objectives, draft a Memorandum and Articles of Association.
The Memorandum of Association and the article of association are two documents that new businesses are required to file.If you want to file your final registration paperwork, you need to draft these documents.These documents can be drawn up by an administrative assistant or the company's director.The Memorandum of Association details your business's name, location, its business object, states the value of each company share, and specifies how many shareholders the company has.The rules and regulations of the company are contained in the article of association.The powers of the company directors, the rights of all company members, and how they are to be removed from their position are listed.There is a sample article of association online.
Step 12: You can pay the fee at the office.
Take the CR1, CR8, and BN6 forms, along with all the scanned and copied documents, and seal them in a large envelope.The documents should be sent to the office of the Registrar.You can deliver them to the Business registration department in person.The mandatory fee of Kes is what you need to register your company.Either through the eCitizen portal or by check or credit card at the office.The forms can be delivered to the Chief Registrar of the Judiciary Supreme Court Building.Box 30041 is in Nairobi.
Step 13: You can get a business certificate from the eCitizen platform.
The Kenyan government will take a week to review all of the forms that you have sent in, make scans and copies, and register your business.Once everything has been approved and your business is officially registered, the business certificate will be posted online in your eCitizen portal.The amount of time can be different.You might need to wait for 21 days.With the business certificate in hand, you are ready to start your business.