Samwel GathiaRegistration o business in Kenya has been simplified from the amendment of the Company’s ACT and the subsequent implementation of technology through the ecitizen portal. Registering a company in Kenya is now more efficient, you can register a company, register a partnership or register a sole proprietorship.
You can a operate a business as either:
- Limited Company
- Partnership
- Sole Proprietorship
The significant difference between these business classifications is in the composition of the owners and the liability to the business.
For a Sole Proprietorship, the business is wholly owned by a single individual, the business and the individual is treated as the same, and it has unlimited liability.We offer offer business name reservation for Sole proprietorship
On the other hand, a partnership is a business where the owners are a group of partners with a common objective. It has unlimited liability; however the new Company’s Act provides for registration of a partnership with limited liability.
Finally, a Company is a business owned by a group of shareholders, and it has limited liability. A company shareholders usually elect directors who run the operations of the company, the new company’s ACT now allows an individual to register a company from a minimum age of 18 years.
To register either a company one is required to lodge the following documents with the Company Register (Checklist items for registration of a company) :
- CR1, Application for registration of a Limited company.
- CR2, Company’s Memorandum.
- CR8, Notice of Residential address of the directors.
- Statement of Nominal Capital.
We offer services for business registration. You can fill this form for the service.
Samwel Mwangi Gathia is a Certified Public Accountant (CPA), Certified Secretary (CS), an MBA graduate, and a member of the Institute of Certified Public Accountants of Kenya (ICPAK) and the Institute of Human Resource Management (IHRM). He is the Lead Consultant at Anziano Consultants.
A practising accountant and business consultant based in Nairobi, Kenya, Samwel brings extensive expertise in accounting, taxation, investment, insurance, corporate governance, and human resource management. He holds an MBA (Corporate Management) from KCA University, a Bachelor of Arts from the University of Nairobi and a Certificate of Proficiency in Insurance (COP) from the College of Insurance.
As a seasoned trainer and consultant, he is passionate about financial literacy, corporate compliance, strategic management, and FinTech-driven digital transformation. Through his articles, he simplifies complex finance and governance topics to help individuals and businesses make smarter financial and business decisions.
Credentials: MBA |BA | CPA | CS | ICPAK | IHRM | COP (Insurance)
