Foreign Company Legal Requirements

id : 97 Companys Act   
posted by : Admin
 DOQ : 2020-04-22 12:38:09

A foreign company registered outside Kenya wishing to do business in Kenya may either register a branch office or a subsidiary in Kenya. A subsidiary is considered a local company with compliance requirements similar to those of local companies owned by locals. A branch office on the other hand is unique and is considered a foreign company under Part XXXVII of the Companies Act, 2015 (Companies Act).


A registered foreign company is required to establish and maintain a registered office in Kenya to which all communications and notices may be addressed. Any change to the registered office should be made known to the Registrar within a period of seven days. A registered foreign company is required to paint or affix in letters easily legible, on the outside of every office and place (including its registered office) that is in Kenya, at which its business is carried on and that is open and accessible to the public the following details:

- its name and the name of its place of origin

- if the liability of its members is limited and the last word of its name is neither the word -Limited nor the abbreviation Ltd. notice of the fact that the liability of its members is limited, and

- in the case of its registered office the expression -Registered Office.

The registered office must remain open on each business day from at least 10 a.m. to 12 noon and from at least 2 p.m. to 4 p.m. and a notice of the same lodged with the Registrar.

You may also like...


The tax treatment of lease transactions in Kenya is based on whether the lease qualifies as a lease


BACKGROUND In January 2016, the International Accounting Standards Board (‘IASB’) issued IFRS


By John Muiruri Reviewed April 06, 2021 The difference between being an independent contractor



The Kenya Revenue Authority (KRA) on Monday suffered a blow after the High Court sitting in Nairobi
WHAT HAS CHANGED? HMRC has changed its approach to VAT on deposits. The change affects situations w



Kenya’s Taxman will introduce an amnesty programme for income tax, VAT and Excise Duty once the Fi
I am not sure whether the same applies for a partnership.
   Admin    Admin  2020-04-28 03:34:28
What was the provision like in the "repealed" Act?
   Admin    Admin  2020-04-28 03:38:52

more comments

my Views
(0) @2014-2023 All rights reserved
Powered by :