I désire to open à company in nairobi what are the formalities about licence and company intallation
I désire to open à company in nairobi what are the formalities about licence and company intallation
Hello Baristar,
Have a look at the following article to know how and what is needed to set up a business in Kenya : Setting up a business in Kenya
All the best
Bhavna
Registering a business is quite easy. You will also need to register with Kenya Revenue Authority and obtain a PIN. Once you have a PIN you will be liable to complete tax returns irrespective of whether you leave Kenya.
The difficulty as a foreigner is to obtain the permit to allow you to work within the company you have registered - all types of work are illegal in Kenya without the correct work permit. To work within your own company you need a Class G: (Specific trade, business or consultancy) permit. This requires you to have a minimum $100,000 or equivalent in another currently, to invest.
There are ways round this such as owning property, which is rented and fully managed by a Kenyan management company.
The full list of requirements are below:
@baristar
First it depends with the type of company/ business you plan to run