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ABC's of setting up a new company and starting a business
blacksilvergal
#1 Posted : Saturday, July 09, 2011 6:01:40 PM
Rank: New-farer


Joined: 3/10/2011
Posts: 18
Hi Wazuans,

Any advice on the steps one needs to take to set up a company and start a business - especially the legal, tax/finance, etc angles?

I'll appreciate any input I can get.
icecube
#2 Posted : Tuesday, July 12, 2011 6:14:54 PM
Rank: Member


Joined: 1/2/2008
Posts: 268
Location: Nairobi
Starting a company in Kenya has its challenges but the steps are,
1. Think of a good business idea.
2. Think of a business name.
3. Reserve and register the names at the registrar at Sheria House
4. Get a good lawyer who will draft for you articles of association depending on the business you want to engage in.
The whole process should take about 3-4 weeks, unless you part with something to expedite the process. Many times the lawyer will do everything for about 20K.
blacksilvergal
#3 Posted : Tuesday, July 12, 2011 10:13:45 PM
Rank: New-farer


Joined: 3/10/2011
Posts: 18
Thanks @icecube

smile
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