To register a private limited company in Kenya, you need to follow these steps:
- Choose a company name and conduct a name search to ensure it is available and not in use by another company.
- File an incorporation form with the Registrar of Companies, along with the necessary fees and documents, including:
- Memorandum and Articles of Association
- List of directors and shareholders
- Proof of identity and address of directors and shareholders
- Business address
- Obtain a tax identification number (TIN) from the Kenya Revenue Authority (KRA).
- Obtain a certificate of incorporation from the Registrar of Companies, which confirms that your company has been legally registered.
- Register with the KRA for corporate tax, value-added tax (VAT), and pay-as-you-earn (PAYE) tax.
- Open a bank account in the company’s name and deposit the minimum share capital requirement, which is KES 50,000 for a private limited company.
- Register for business permits and licenses as required by the local authorities for your business activities.