Kenya being the third largest economy in Africa, the main incomes correspond to agriculture, forestry, mining, forestry, energy, manufacturing, financial services and tourism. 

It is important to note that Kenya is ranked number 61 of the 190 that make up the Doing Business ranking, this study shows the result of the countries that offer facilities to do business.

If you are interested in registering a company in Kenya, Foster Swiss can advise you, we have experts in this jurisdiction who can facilitate the entire incorporation process. 

The first thing to consider when setting up a company in Kenya are the types of legal entities available. The most common and used by both foreign and local entrepreneurs is the Limited Liability Company or LLC.

The registration of this type of company only requires at least one director and one shareholder of any nationality and must not necessarily reside in Kenya. According to the law there is no minimum share capital for the constitution. 

There is another form of entity that, although similar, the requirements are different. The private liability company or LLP is constituted with only two corporate or individual partners, a minimum capital contribution of USD 2 and a manager who must be authorized to work in Kenya. 

Unlike other countries, the partners of this entity may be limited and enjoy limited liabilities against losses of the company. The main advantage of LLPs is that they are a transparent tax entity, not subject to corporate income tax.

The creation of a joint-stock company in Kenya requires at least seven shareholders and two directors. These are preferred by entrepreneurs and investors looking to list their company on the Nairobi Stock Exchange. 

If you own a company abroad and want to expand your business to Kenya, a branch is the perfect choice. Branches can bill local customers, sign sales contracts, and receive revenue. However, the necessary licenses must be obtained for the business industry. 

What most attracts the attention of international entrepreneurs are the companies incorporated in Free Zones of Kenya. This type of registration is indisputably ideal for local or foreign companies wishing to establish manufacturing companies or agriculture-oriented enterprises for export purposes.

All limited liability companies that want to obtain the status of working in the Free Zone must go through a registration and then be approved by the authorities of the Export Processing Zone. 

If you want to register an entity in Kenya, Foster Swiss can advise you. We help you in practically everything: we provide advice from the moment you choose a corporate structure for your company until even one year after you have incorporated your company. And of course we take care of the whole process for you.   

For more information on this topic or any requirement related to our services, you can contact directly through info@fosterswiss.com