To carry out business in Kenya, a foreign company has to be registered under the Kenyan Companies Act. Failure to register the foreign company in Kenya will lead to a fine of Kshs. Five Million Shillings.
Procedure for the registration of a branch of a foreign company in Kenya:
Under Section 975 of the Companies Act, 2015, the following are the requirements for the registration of a foreign company (branch);
Registrar issues a Certificate of Compliance signifying the registration of the Foreign Company is complete.
Time scale: It takes approximately 4 weeks to secure the Certificate of registration or in this regard “a Certificate of Compliance”