Banks, tender committees and overseas counterparties now ask companies for more than a CR12: they want to know who ultimately owns and controls the entity. The answer is supplied through beneficial ownership filings at the Business Registration Service, an obligation many companies encounter for the first time during due diligence, usually with a transaction clock … Read more
Most Kenyan companies meet their annual return obligations only when a bank, tender or prospective buyer asks for proof of good standing, by which point penalties have accumulated and the cure takes weeks. When is the annual return due? A company with share capital must file an annual return with the Registrar of Companies within … Read more
Registering a company in Kenya no longer means queues and paper files. The process runs online through eCitizen and the Business Registration Service, and most of the work is preparing the right particulars before you start. What are the steps to register a limited company? Create an eCitizen account and access the Business Registration Service … Read more
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