Incorporation refers to the process of forming a corporation, which is a separate legal entity from its owners (known as shareholders). Incorporation provides limited liability protection to the shareholders and allows the company to raise capital through the sale of stocks. The process typically involves filing articles of incorporation with the relevant government agency, such as the Secretary of State, and obtaining a corporate tax ID number. The specific requirements for incorporation vary by jurisdiction and type of corporation.

Contact ocl business associates for company formation and set up in Kenya, Uganda, Tanzania, Burundi, Rwanda ,south Sudan and DRC Congo

Incorporating a company in Kenya involves several key steps, including name reservation, preparing and submitting registration documents, and obtaining a certificate of incorporation. The process is primarily managed through the eCitizen portal.

Key Steps in Company Incorporation:

  1. Name Reservation:

Select a unique company name and reserve it through the eCitizen platform.

  1. Prepare Registration Documents:

This includes the Company Registration Form (CR1), Memorandum and Articles of Association, and other relevant forms like CR2, CR8, and CR10.

  1. Submit Application:

Upload all required documents and pay the registration fees through the eCitizen portal.

  1. Obtain Certificate of Incorporation:

Once the application is processed, the Registrar of Companies will issue a Certificate of Incorporation.

  1. Post-Incorporation Steps:

Register for tax (KRA PIN), open a corporate bank account, and obtain a business permit.

Documents Required:

  • Company Registration Form (CR1)
  • Memorandum of Association (CR2)
  • Articles of Association
  • Particulars of directors and secretary (CR2 and CR10)
  • Statement of Nominal Capital
  • Notice of Residential Address of Directors (CR8)
  • National ID or Passport copies of directors and secretary
  • Passport-sized photographs of directors and secretary

Additional Information:

  • The Companies Act 2015 and the Companies (General) Regulations govern company registration in Kenya.
  • Registration fees vary depending on the share capital.
  • It’s crucial to register for the Kenya Revenue Authority (KRA) PIN for tax compliance.