Quick Answer: How do I register a foreign company in Kenya?

Appointment of a Local representative of the Foreign Company in Kenya. Registered address of the Foreign Company in County of registration. Proposed registered address in Kenya. Copies of Passport and passport photos of the Directors / shareholders.

Can foreign companies be registered in Kenya?

Yes. A foreign company may not be registered in Kenya unless it has at least one local representative. A local representative may be any person of the company’s choice but must be resident in Kenya.

How do I register an international company in Kenya?

Requirements for Foreign Company Branch Registration in Kenya

  1. a completed Form FC 2 (Application for registration as a foreign company)
  2. a copy of the company’s certificate of incorporation or registration in its place of origin (or similar document) duly certified by a Notary Public.

How long does it take to register a foreign company in Kenya?

Registration of a branch office takes on average 2 weeks. It is thus more expedient for foreign investors seeking to break into the Kenyan market.

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What is required to register a company with a foreigner in Kenya?

To register it, the CR1, CR8 and Statement of Capital forms need to be filled, and a memorandum of the company and its articles of association should be drafted. The names, addresses, passport photos, KRA PIN certificates and a copy of their IDs, local or alien, of the directors and shareholders, are also required.

Does Companies Act apply to foreign companies?

Hence, the Act requires two kinds of foreign companies to be regulated: a foreign company having a place of business and or doing business in India and. a foreign company doing business in India in which more than half of its capital is held by Indian citizens or companies or bodies corporate incorporated in India.

How can a foreign company own land in Kenya?

Foreigners can own property in Kenya in their name. The Constitution (2010), the Lands Act (6/2012) and the Land Registration Act (3/2012), subject to certain limitations, grant the right to any person, either individually or in association with others, to acquire and own land in Kenya.

What is required to register a company in Kenya?

To register a company in Kenya you shall require the following information and documents.

  1. Proposed company names for name search approval. …
  2. Objectives of the Company. …
  3. Names of the shareholders in Full.
  4. Names of the Directors in full if different from the shareholders.
  5. Contact information of the directors / shareholders.

Can a foreigner be a director of a Kenyan company?

It can be wholly owned by a foreigner and some argue that a work permit may not be required in its formation. There is no requirement for a resident director or a company secretary.

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How do I register a holding company in Kenya?

Fill out the company registration form CR1.

Begin by writing the company’s name and the location of its business office. Form CR1 also asks for the names and other personal information of all of the directors and shareholders of your Kenyan company (including any who may live abroad).

What is a branch of a foreign company?

A foreign branch is another location of your company that operates entirely in another country. Think of it as an extension of your main office, similar to adding on an extension to your current office, but on a global scale. A subsidiary, on the other hand, is a new business in a foreign country.

How do I register my international business?

You can register a foreign (out-of-state) corporation in California by filing a Statement and Designation by Foreign Corporation (Form S&DC-S/N), along with a Certificate of Good Standing, to the Secretary of State’s office. There is a $100 filing fee.

What is a foreign company in company law?

“foreign company” means any company or body corporate incorporated outside India which,— (a) has a place of business in India whether by itself or through an agent, physically or through electronic mode; and. (b) conducts any business activity in India in any other manner.

Can a foreigner start a business?

In fact, there are no restrictions on foreign citizens generally. You do not even need to have a green card to start your business or purchase a corporation or Limited Liability Company (LLC) that is headquartered in the US. However, starting a business and actually working in the US are two different things.

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How much is Kenya residence permit?

The annual fee for the permit is USD 2000 which translates to Kshs. 200,000 and the permit lasts for a period of two years. The applicant may also be required to provide a security bond amounting to Kshs. 100,000/= for a period of three years.

Can a foreigner be a shareholder in a Kenyan company?

There is no limitation on foreigners subscribing to and owning some or all of the shares in a private or public company registered in Kenya. However, foreigners setting up companies in Kenya must pay heed to local representative requirements if they do not intend to be resident in Kenya.