Set up a Private Company Limited By Shares Today;
A Company is a legal entity used to carry on trade or other activities and is a separate entity to those that own and/or control it. A Company only exists once it has been registered (incorporated) with the Company Registry (Located near Sheria House on Harambee Avenue, Nairobi).
Why Start A Limited Liability Company?
The main reason to form a company is because all directors of the limited liability company are protected from personal liability for business debts and claims. Hence the feature known as “limited liability” which means that if the business owes money or faces a lawsuit, only the assets that belongs to business itself are at risk. As the company is a separate legal entity to its owners (members or shareholders), the debts of the company are not the debts of the individuals.
See Also: Why You Need To Start A Business
Who Can Start A Limited Liability Company?
In order to start a limited company, it will require 1 or more individuals. Foreigner(s) can also be able to register a Limited Company.
How You Can Start A Limited Liability Company?
There are many things to consider when starting your limited company. For example, what business activities you will need to be added on Memorandum & Article of Association, you need to know the number of company directors will be incorporated into the company, how the company shares will be divide. Here are some articles that will help you to start your limited company.
- How To Register Limited Liability Company In Kenya
- How To Upgrade Your Sole Proprietorship To Limited Company
- Lite Plan – Ksh. 20,000 – Includes Name Search, Certificate of Incorporation, Memorandum & Article of Association Only.
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Register Your Limited Company Today
Here Is To Your Success In Starting A Limited Company!