How long does business name registration take in Kenya?

A Business Name registration will take an average of 3 days to process.

How long does a business name search take on eCitizen?

Currently, it takes one(1) day for the business name search to be processed. Steps to start business name search: Visit: https://ecitizen.go.ke/ Sign in using you user name and password (ensure that you are registered in the portal)

How do I register a business name in Kenya?

You must be able to access your eCitizen portal to obtain a business name registration form in Kenya.

  1. Step 1 – Log into your eCitizen portal. Go to the eCitizen portal and key in your username/email and password.
  2. Step 2 – Submit your business name. …
  3. Step 3 – Payment procedure. …
  4. Step 4 – Get confirmation of name registration.

10.04.2020

How much is it to register a small business in Kenya?

Service Offered Fees Time
Registration of Business name Kshs 950 1 day
Limited Liability Partnership Kshs 25000 1 day
Private Limited Company Kshs 10650 3-5 days
Public Limited Company Kshs 10650 3-5 days
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How much does it cost to register a business name with a CAC?

The CAC official filing fee for the registration of business name in Nigeria is N10,000 (Ten Thousand Naira Only). However, where an accredited agent is engaged by the applicant for such registration, the agent will also charge a professional fee for the services to be rendered.

How do I check if a company is legitimate in Kenya?

How to check if a company is legit

  1. Have a look at the official website of the company.
  2. The company’s accepted mode of payment.
  3. Google the company.
  4. Check the company on the Registrar of Companies.
  5. Visit the company physically.

How do I check a company name?

In most states, the website of the state business filing agency includes an online entity name check tool. You can use the online tool to search business names and find out whether another business is already using the name you have chosen.

How do I register a small business in Kenya?

How do I register a business in Kenya? You create an account at the government services website ecitizen.go.ke. Then you go to the Attorney General section, where you do first a name search. After a successful name search and registration, you need to start another application, which is the company registration.

What are the requirements for business registration?

Register your business in the Bureau of Internal Revenue (BIR)

  • DTI Certificate of Registration.
  • Barangay Business Clearance.
  • Mayor’s Permit.
  • Certificate of Lease (if the place is rented) or Certificate of Land Title (if owned)
  • Government-issued identification (Passport, Driver’s License, Birth Certificate, etc.
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How much does it cost to register a sole proprietorship in Kenya?

You will need to login to your eCitizen account and fill the forms with all your information required. You will be required to pay for the registration fees of Ksh. 850 on the website.

Can a foreigner register a business in Kenya?

Business Factors

Generally, Kenya requires that foreigners wanting to own, or run a business in Kenya to obtain a work permit from the Ministry of Immigration. The type of permit applied for will depend on whether the foreigner will be an owner of the business or simply an employee (to be elaborated further below).

How much does it cost to open a company in Kenya?

Fees

Different Kenya entity types Cost Draft invoice
Tax resident LLC US$17,350 View invoice PDF
PLC US$18,950 View invoice PDF
Branch of foreign company US$16,250 View invoice PDF
LLP US$15,850 View invoice PDF

How do I register a company in Kenya 2020?

how to register a business in Kenya 2020

  1. Business Name Search and ecitizen business registration. With our help the applicant shall be required to propose five desired name to the Registrar of Companies in Kenya for company registration.
  2. Memorandum and Articles of Association. …
  3. Stamp duty Payment. …
  4. Company Registration in Kenya forms.

3.06.2020

What are the benefits of registering a business name?

ADVANTAGES OF BUSINESS NAME

  • Business name requires little capital.
  • Business name is easy to register.
  • Business name requires less formalities.
  • A sole person can register a Business name.
  • Profit of the business is solely owned by the owner.
  • Tax liability in Business name is minimal.
  • Decision making is easier with Business name.
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What’s the difference between registering a company and business name?

Companies must be registered with ASIC, and company officeholders have legal obligations under the Corporations Act. Registering a business name does not provide exclusive ownership of that name. It also doesn’t prevent other people from being able to register and use similar names.

Is CAC doing free registration?

The Federal Government has approved all self-employed and business owners to carry out their Corporate Affairs Commission (CAC) registration online free of charge.

Hai Afrika!