The New companies Act provides for a minimum of 1 Director / shareholder in a company, So there can be a sole director ( shareholder) in a Kenya Company. You can register a private limited company alone here in Kenya if you are a foreigner without having local directorship and shareholding.
requirements for a foreign to open a private limited company here in Kenya.
- director kra pin
- passport copy
- photo for the foreigner
- email, mobile number and address
- name of the company
- country of origin
foreigners can register and fully own companies in Kenya. They can do so without needing a local partner in most cases. However, certain sectors like telecommunications, insurance, and banking may have restrictions on foreign ownership.
Registration Process:
- eCitizen Portal:
Foreigners need to register on the eCitizen portal to obtain company registration documents.
- Company PIN:
Upon registration, they must obtain a company Personal Identification Number (PIN).
- NSSF and SHA:
They also need to register with the National Social Security Fund (NSSF) and the Social Health Authority (SHA).
- Business Permit:
Foreigners need to obtain a business permit from the relevant county government to operate.
- Other Requirements:
They may also need to obtain permits from other relevant regulatory bodies.
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