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Setting up a Business in Kenya
| 5 EASY STEPS | Procedures
for Establishing a Company in Kenya | 5 EASY STEPS
Procedures for Establishing a Company in KenyaThe principal types of business enterprises in Kenya are:
Companies are registered as limited liability companies as in 1 and 2 above, and regulated by the companies Act (Cap 486). Kenya's legal system is based on English law and practice. A wide range of legal services are locally available. For further details visit KIA website at: http://www.investmentkenya.com Patents and trade marksPatents are regulated by the Industrial Property Act and
administered by the Kenya Industrial Property Institute
(KIPI),
while trademarks are regulated by the Trade and Service
Marks Act (Cap 506) and administered by the Registrar of
Trademarks at KIPI. The duration of trademarks is seven
years from the date of filling and renewable every 14 years. Work permitsThe government allows investors to
have key expatriate staff in senior management positions
or where the locals with
specific skills are not available. Work permits for such
expatriates are issued by the immigration department and
are valid for one to two years, renewable on application. Import and export proceduresThere is no import licensing except for a few items restricted for security, health or environmental reasons detailed in the Imports, Exports and Essential Supplies Act (Cap 502). During the Budget for Fiscal Year 2001/02 the Minister agreed to waive the 2.75% Import Declaration Form (IDF) fees applicable on imported goods used for manufacturing goods for export under the Tax Remission for Export Office (TREO) scheme. Manufactures under the TREO will have to pay ksh.5000 as processing fees. |
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