Kenya officially named as the Republic of Kenya and it is a country in the African Great Lakes region of East Africa. Its capital city is Nairobi. Kenya has a number of tax treaties and investment promotion and protection Agreements. Kenya is a popular business destination due to its free enterprise economy and boasts the biggest economy in East and Central Africa as measured by gross domestic product (GDP). Kenya Investment Authority (KenInvest) is a statutory body established in 2004 with the main objective of promoting investments in Kenya. It is responsible for assisting the implementation of new investment projects, offering aftercare services for new and existing investments.
Scroll down for more information on Company Formation in Kenya.
|Type||Limited Liability Company/Branch office|
|Under Kenya law, foreigners can own||100%|
|Share Capital||Min of KES 100,000|
|Memorandum and Articles of Association||Yes|
|Can the entity hire expatriate staff in Ethiopia||Yes|
|Tax Registration Certificate required||Yes|
|Statutory audit required||Yes|
|How long to open Corporate Bank Account||1 week|
|Timeframe to Incorporation||3-4 weeks|
|Access to Mozambique double tax treaties||Yes|