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Foreign Company Legal Requirements

id : 97 Companys Act   
posted by : Admin
 DOQ : 2020-04-22 12:38:09
   Admin
  
97_20041118.jpg

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).

REGISTERED OFFICE

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.


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Comments
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What was the provision like in the "repealed" Act?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


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