A company, abbreviated as co., is a legal entity made up of an association of people, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise. Company members share a common purpose, and unite to focus their various talents and organize their collectively available skills or resources to achieve specific, declared goals. Companies take various forms, such as:
A company or association of persons can be created at law as a legal person so that the company in itself can accept limited liability for civil responsibility and taxation incurred as members perform (or fail to discharge) their duty within the publicly declared “birth certificate” or published policy. Companies as legal persons may associate and register themselves collectively as other companies – often known as a corporate group. When a company closes, it may need a “death certificate” to avoid further legal obligations. To register a business instead, follow this procedure.
Contents
Here are the types of companies a person can register in Kenya.
Here are the requirements for one to register a company in Kenya.
Note:
You can register a company with one person as both the shareholder and director.
To know how much you are required to pay in order to register a company in Kenya, check out this fee schedule.
Follow the procedure below to register a company in Kenya.
Victor Mochere is an award winning blogger, social media influencer, literati savant, altruistic, and a netpreneur creating and marketing digital content.
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Copyright © 2021 Victor Mochere. All rights reserved.