Fenesi.com Start, Run and Grow Your Business In Kenya
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In this article, we will be outlining some of the frequently asked questions that Americans citizens ask when planning to invest in Kenya by setting up their company.
How can I register my limited company?
As it stands, there are five common ways for foreigners to set up or own a limited company in Kenya.
- Register a Foreign Company With a Kenyan Partner as Director
- Register a Foreign Company with Nominee Director
- Opening a Branch of an Existing Foreign Company
- Register a Foreign Company Fully Owned by Foreign Nationals
- Acquire an Existing Company Previously Owned by Kenyans
Learn more about foreign company registration
What type of visa should I apply for?
If you are planning to come to Kenya to set-up your company formation, you will need to apply for Class G visa (Business Visa).
It is meant for any person who is looking to enter Kenya to carry out business activities. The visa is valid for three (3) months only. Issued at a cost of $51 by the government.
Learn more about Single Entry Visa
Where can I apply for my visa?
In America, there are Kenyan embassies where you can make your visa application. However, if you are visiting Kenyan for not more than 3 months, you can be able to apply for a visitor visa on arrival at the airport.
Do I need a work permit to run my company?
There are different types or classes of work permits available in Kenya. For business owners who have registered their companies in Kenya and are looking to work in Kenya, they will need to apply for Class G permit which is valid for two (2) years and subject to renewal.
Learn more about Work Permit
Would I need an Alien ID Card?
This is a document for foreign nationals which enables them to have an ID recognized by Kenyan government institutions and gives access to services such as KRA PIN and applying for a work permit, opening a business bank account, applying for Company KRA PIN, making tax returns and much more.
Learn more about Alien ID Card
How can I apply for a company PIN once I register my company?
This is the most important document your company must obtain to do any business in Kenya. Kenya Revenue Authority (KRA) PIN can be used to open a business bank account, perform tax returns on rental income, applying for Government tenders, purchase of land, buying and selling a property and many other business transactions.
I am planning to export goods to Kenya, what do I need?
You will need to get a certificate of conformity (CoC) before you export your goods to Kenya. This certificate will be issued based on meeting standards and guidelines from Kenya Bureau of Standards (KEBS).
Get your copy of the ebook for “Foreigners Starting A Company In Kenya”!
We have launched our new ebook that will guide you to start, run and grow your own business in Kenya.
Our ebook covers in more depth all the crucial topics you need to start your business in Kenya, including;
- Complying with Company Regulations
- Kenya Revenue Authority compliance
- Business Visa
- Business Premises
- Work Permit
- Alien ID
- Add/Remove Director
- Taxation
- Opening a Business Bank Account
- Getting a Lipa Na Mpesa Account
- Applying for Government Tenders
- ETR Machine
- Company Seal
Order your copy today!
You can proceed to make your order by filling in the form below;
Photo courtesy of tuttoamerica.it
