A sole proprietorship is the simplest form of business organization. It’s owned and operated by one individual, and there is no legal distinction between the owner and the business. This type of business is easy to set up and manage but carries unlimited personal liability Partnerships involve two or more individuals who jointly own and manage a business. Partners share profits, losses, and responsibilities. There are two main types of partnerships in Kenya: general partnerships and limited partnerships. In a general partnership, all partners have unlimited liability, while limited partners have limited liability up to their investment. A limited liability company is a popular choice among businesses in Kenya. It provides limited liability to its owners (known as members) while allowing flexibility in management and taxation. LLCs are governed by the Companies Act in Kenya and require registration with the Registrar of Companies This type of company is often chosen by small and medium-sized enterprises (SMEs). It is a legal entity separate from its owners and offers limited liability protection. Private limited companies have a minimum requirement of at least one director and one shareholder Public limited companies in Kenya can issue shares to the public and are subject to more regulatory requirements than private limited companies. They are often used for large-scale business operations that require substantial capital NGOs are incorporated for charitable, humanitarian, or non-profit purposes. They are regulated by the Non-Governmental Organizations Coordination Board in Kenya and are required to meet specific legal and reporting obligations Cooperatives are formed by a group of individuals with a common interest, such as agriculture, savings, or consumer goods. They operate on a cooperative basis, with members sharing in the decision-making and profits Foreign companies looking to establish a presence in Kenya can set up a branch office. The branch operates as an extension of the parent company and must comply with Kenyan laws and regulations Joint ventures involve two or more entities collaborating on a specific project or business endeavor. These ventures can be structured as partnerships, companies, or contractual agreements, depending on the nature of the collaboration  Franchise businesses are based on an agreement between a franchisor (the owner of the business concept) and a franchisee (the individual or entity that operates the franchise). Popular franchise models include fast-food restaurants, retail outlets, and service providers LLPs are a relatively new business structure in Kenya, suitable for professional services firms like law, accounting, and consulting. They offer limited liability to partners while allowing flexibility in management
Incorporations
Services & Add-ons
Incorporations
Services & Add-ons
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