How To Register A Sole Proprietor Company In Kenya
File form BN6 to deregister your business. You will then be able to register your company in Kenya.
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It takes you atleast a week to Register a Sole Proprietorship Business in Kenya and get the Business Registration Certificate also from the Business Registration Service in Kenya.
How to register a sole proprietor company in kenya. The Registrar of Companies is responsible for business registrations in Kenya. We register different types of companies in Kenya. There is one way you can go about.
BUSINESS NAME AND SOLE PROPRIETORSHIP REGISTRATION IN KENYA. Currently the cost of registering the sole proprietorship business. It is good you chose three business name for business registration.
The Procedure to Convert a Business Name into a company in Kenya is as Follows The First step will be to link the business on the BRS Portal so as to verify information details and Business ownership. Business name search letter Kenya. Business name registration in Kenya.
Business Registration in Kenya is commonly referred to as Sole Proprietorships BN2 or Partnerships and are Registered under the Business Names Act. Heshe issues certificates of compliance for foreign companies certificates of incorporation for local companies and certificates of registration for sole proprietorships and partnerships. Create your account on e citizen portal that you will use for all business registration process in Kenya.
A sole-proprietorship being owned by one person files taxes under Individual Income Tax and the PIN certificate used is usually that of the owner. You will be required to state the nature of your business or company clearly. During the registration process the authorities will do a business name search.
The first step to registering your sole proprietor is by securing your business name. Conduct a name search This is the first and most important process in registering a sole proprietorship business in Kenya. Registration of the business is done at any Huduma Center in Kenya.
See our guide on how to register a company in Kenya. Procedure of Company Registration in. You must have a Kenya identity card and Kenya revenue authority pin certificate.
For Sole Proprietor Business you will require to make income tax return yearly before every 30th June. As long as you have all the required documentation and registration fee you can proceed to register a company online at the comfort of your bed. The business name will be then deregistered and an option given on the portal for Registration of a company.
This nature has to be specific. Go to the Business registration tab and click on the partnership or sole proprietorship tab. The Business Registration Services Act 2015 establishes the Business Registration Service BRS to streamline effective administration of the laws relating to the incorporation registration operation and management of companies.
The business will therefore be taxed at the rate of personal income instead of as a corporation. One is required to reserve a name and then register the business name within a specified period. Easy huduma kenya is well versed with e-citizen company registration process in the Business Registration Service Portal BRSNow day company registration in kenya takes one day.
Name search can be done in any HUDUMA center-huduma center has several branches across the country. As you can see to register a business in Kenya especially as a sole proprietor or a small number of partners isnt as hard as it seems. Postal Address and physical location of the business.
REGISTERING A SOLE PROPRIETORSHIP IN KENYA. The ACT also provides on how to register a sole proprietor company in Kenya. You will be redirected to an empty BN2 form which you will be required to fill with the relevant details.
Most Kenyans own and run small businesses which have been registered but they have not added Business as a Source of Income on their KRA PIN. Requirements for registering a sole proprietorship in kenya A unique business name. 30 rows Company registration processes are now online and have to be done on the E-Citizen.
Upload ID cardpassport KRA PIN certificate and recent colored passport photographs of. A national identification card is required for registration. The next step will be to deregister the Business Name by Filling form BN 6.
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