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Procedure of increasing share capital of a company in Kenya Increasing the share capital of a company in Kenya is a formal process governed by the Companies Act, 2015. Businesses may choose to increase their share capital to raise additional funding, admit new investors, or strengthen their balance sheet. 1. Understanding Share Capital Share capital…

The company management may be desirous to change the name of the company for various reasons. Such reasons include mergers & Acquisitions, change of ownership, on consolidation of various companies into one, making a name shorter for marketing and many other reasons.

Have you filed the annual returns? Well, you run the risk of being penalized and the company being struck off by the Registrar of Companies. Annual returns show the changes that have occurred at the company during the year such as change of shareholding, directorship and registered office of the company. Section 125 of the…

Have you registered with NSSF and NHIF? Well, the law will catch up on you since you are violating the laws of the country and yet the registration is simple. Take a look at the simple registration procedures and requirements for ultimate compliance with the laws on NHIF and NSSF National Health Insurance Fund (NHIF)…

Work permits in Kenya are issued by the Department of Immigration. They are issued in various classes depending on the activity that a person intends to undertake in Kenya. CLASSES  Class A Issued to persons who intend to prospect for minerals and mining. Requirements Obtain all the required licenses or be assured that they will…

All foreigners who remain in Kenya for more than three months (90 days) must register as an alien and get an alien registration card. Alien Registration forms are available at Alien registration counters at Nairobi Nyayo House Southern wing ground floor, Mombasa, Kisumu, Eldoret and Malindi offices. Persons who qualify for this service Visitors •…