• Search for:

    Category Archives: Business services

    1. Home  - Blog
    2. Archive by category "Business services"
    18Jan, 2023
    REGISTRATION OF SOCIETIES IN KENYA

    WHAT IS A SOCIETY?

     A society is a grouping of individuals, which is characterized by common interest and may have distinctive culture and institutions.

    Societies in Kenya include; charitable societies, private member clubs, churches, welfare societies, political parties etc. They must be registered under the Societies Act (Cap 108) for them to be functional. Under section 8, the Registrar of Societies in Kenya is appointed and this includes the assistant and deputy registrar.

    WHICH ARE THE DIFFERENT TYPES OF SOCIETIES THAT CAN BE REGISTERED IN KENYA?

    1.WELFARE

    Its a type of  society formed by group of individuals aimed at offering programs that provide aid eg. Financial aid to themselves or to those who cannot support themselves.

    A welfare can be formed for instance in work places to help a staff incase of sicknesses or demise, relatives can form a welfare for the same purpose,or also supporting individuals in a certain location who cannot support themselves.

    2.ASSOCIATION.

    A type of society formed by a group of people for a particular purpose or objectives as permitted by the Societies Act Cap 108

     

    3.FOUNDATION

    A society set up for solely charitable purposes and relies on its members contributions to support its activities.

    Can also be defined as a charitable trust that makes grants to organizations, institutions, or individuals for charitable purposes such as science,education,culture and religion.

     

    4.ALUMNI

    The word Alumni means graduates or former students of a particular school,college, or university.

    Therefore an ALUMNI society is a siciety formed by a group of persons who have either attended or graduated as students or pupils of a school, college, university or institution. 

    The alumni then can decide to start a society to probably give back to the institution they were in eg by planting trees,building modern classes,buying sanitary pads to girls of that school etc.

    5.RELIGIOUS

    A society formed by a group of persons who relate to, or devoted to certain similar religious beliefs or observance.

    6.PROFESSIONAL.

    A society formed by a group of persons who are competent or skilled in a particular activity that requires a certain level of education, skill, training, standard of competency, knowledge, or education that must be demonstrated often in the form of a credential as well as adhering to codes of conduct and ethical standards.

    7.RECREATIONAL CLUB

    A society formed by a group of persons for social and recreational purposes and offering a facility that has all with the related facilities eg. golf club- houses, swimming pool clubhouse, tennis clubhouse etc.

    NB: 

    • SOCIETIES REGISTERED UNDER THE SOCIETIES ACT IN KENYA SHALL BE NON-POLITICAL AND NON-PROFIT MAKING.
    • NAME SEARCH ANS REGISTRATION PROCESS WILL TAKE A MAXIMUM OF 120 DAYS UPON SUBMISSION AND PAYMENT.

     

    Jamii Capital is ready to offer you registration service for any kind of society you and your colleagues or family may want to start.

    Click here
    20Oct, 2022
    CONVERSION OF BUSINESS NAME TO A LIMITED COMPANY IN KENYA.

    Most start-ups   in Kenya are mostly registered as  business names (either a sole proprietorship or a partnership).

    After a certain period of time, need arises say diversification which requires the owners to a limited company for the same business.

    You need not start from scratch again but only need to convert that business name to a limited company, which enables you to enjoy the following advantages over a business name:

    • Separate legal entity

    The company is separate from its owners and the companies assets are also separate from the owners.

    • Perpetual succession.

    A company will always be in existence unless  would up even upon death of the directors unlike a sole proprietorship/partnership where the death of the owners may be the end of that business.

    • Sole directorship

    Many entrepreneurs seek to register sole proprietorships so as to enjoy the priviledge of being the sole decision making.

    Even upon converting the same remains since after the enactment of the Companies Act 2015, a company with one director is duly constituted to carry on business.

    The Procedure Of Conversion.

    • Linking a business if the business was registered under the manual system and not yet on boarded to the online system.
    • Apply for the ‘Cessation to Convert’ where you attach the prescribed documents eg the BN2(CERTIFICATE OF REGISTRATION)
    • Upon approval of cessation a certificate of cessation to convert is issued
    • The process of registering the ceases business name as a company commences.(It is similar to the normal company registration only that no submission of names will be made).
    CONTACT US FOR THE SERVICE
    20Oct, 2022
    BUSINESS CESSATIONS/ DEREGISTRATION OF BUSINESSES IN KENYA

    This normally occurs when a business cease its
    operations/business.

    The business is thus struck off the register of companies
    for limited companies and the register of business names for business names and
    partnerships.

     

    Grounds for Deregistration of a Company or
    Business Name:

     

          i.       
    Compulsory winding up of the company by a Court order.

         ii.       
    Voluntary Winding up where shareholders and directors of the company
    apply to the Registrar of Companies to have the company dissolved.

        iii.       
    Insolvency of a company where the company is no longer able to carry on
    operations.

        iv.       
    Where the Directors of the Company or majority of the directors make an
    application to the Registrar of Companies to have the company struck off.

         v.       
    Where the company is under liquidation and it has been wound up, the
    Registrar may strike off the Company’s name from the Register.

        vi.       
    Termination of partnership due to say death or withdrawal of a partner which
    makes it impossible to carry on the business

    Deregistration of a Company In Kenya

    For
    a deregistration of a company to be conducted:

    a)    The company must be linked/ automated through the e-citizen
    portal  if it was registered with the old
    manual system of registration since the application is lodged online.The
    process is done using the directors ecitizen account.

    b)    The company must have filed all the annual returns up to
    date.

    c)    A meeting of the
    Board of Directors should be held in which a resolution to dissolve the company
    is passed and minutes presented.

    d)    Application to the
    Registar  and payment of the prescribed
    amounts done.

    e)    Once  approved by the Registrar of Companies, the
    de-registration is published in the Kenya Gazette for intended dissolution: for
    a period of three (3) months to invite any outstanding claims owed to creditors
    by the company for settlement.

    f)     Removal from the
    Register of Companies: If there are no claims brought forward, the Registrar
    proceeds to strike off the company from the Register of Companies in Kenya. The
    process takes 6-12 months.

    g)    Filing of Closure
    accounts to KRA for the outstanding period.

    h)    De-registration of
    the company KRA PIN Certificate and all other obligation i.e. PAYE, VAT is done
    once: the company is stuck off at the Companies Registry. The directors
    therefore apply for de-registration of the company pin upon settling any
    outstanding taxes owed to KRA

    DEREGISTRATION OF A BUSINESS NAME.

    For a business name the following must be done.

    a)    The business name must be linked/ automated through the
    e-citizen portal  if it was registered
    with the old manual system of registration since the application is lodged
    online.The process is done using the proprietors  ecitizen account.

    b)    Application of the cessation done through form BN6 – Notice
    Of Cessation of business and signed by the proprietors.

    c)    Submission of the BN2-Certificate of Registration and the BN6
    and payment of the prescribed amount for the process.

    d)    Upon approval the business is struck off the the register of
    business names.

    e)    Lastly, an application for deregistration of the KRA PIN
    Certificate is undertaken for partnerships.

     

     

     

     

    HOW DO WE HELP YOU?

    You may not be in a position to know where
    to start in case you want to cease your business operations.

    As Jamii Capital Limited we assist our client
    in deregistration by making the process swift and seamless in the shortest time
    possible and at the convenience of wherever you are.

     (INFO@JAMIICAPITAL.CO.KE

    CONTACT US FOR THIS AND MORE SERVICES
    info@jamiicapital.co.ke
    8Feb, 2022
    Reasons why your business: Company or Business Name would undergo Deregistration.

    Company.

    The de-registration of limited companies may happen:

    1. In the event that the  entity  wishes to discontinue its operations and have the company struck of from the register of companies  maintained at the Companies Registry.
    2. Companies Act 2015, mandates the Registrar of Companies to strike off a company for not carrying on business/operations.

    What then are the Grounds for De-registration of a company?

    • Compulsory winding up may be by a Court order.
    • Through Voluntary Dissolution where shareholders and directors of the company apply to the Registrar of Companies to have the company dissolved.
    • Insolvency of a company and it is longer able to carry on operations.
    • Application to the Registrar of Companies by the directors of the Company or majority of the directors to have the company struck off.
    • Where the company is under liquidation and it has been wound up, the Registrar may strike off the Company’s name from the Register.

    Business Name.

    What then are the Grounds for De-registration of a business name – Sole Proprietorship?

    The de-registration of a business name may occur:

    1. In the event of cessation of operations of the business.
    2. In the event where the business name is  converted  to a limited company.

    What then are the Grounds for De-registration of a business name – Partnership?

    • Termination of partnership terms.
    • Death of a partner or a trader.
    • Withdrawal of a partner or for any other reason which makes it impossible to carry on the business.

    For de-registration to take place , the business must be linked  to the e-citizen  portal so that the applications can be successful

    Once the business is struck of the list of business names, the application of de-registration of KRA PIN should be undertaken for the case of partnerships.

    For a company:

    • The company must be linked/ automated through the e-citizen portal since the application is lodged online. The application is done on the directors e-citizen account and for a foreign-owned company.
    • The company is expected to file its annual returns up to date.
    • A meeting of the Board of Directors should be held in which a resolution to dissolve the company is passed.
    • An application to the Registrar of Companies is made in the prescribed form, stating the intention of the company to wind up its affairs. The application should be accompanied by the necessary resolutions (Form CR19 and Form CR18).
    • The application is reviewed for verification purposes.
    • Upon approval by the Registrar of Companies, the de-registration is published in the Kenya Gazette for intended dissolution: for a period of three (3) months to invite any outstanding claims owed to creditors by the company for settlement.
    • Removal from the Register of Companies: If there are no claims brought forward, the Registrar proceeds to strike off the company from the Register of Companies in Kenya. The process takes 6-12 months.
    • Filing of Closure accounts to KRA for the outstanding period.
    • De-registration of the company KRA PIN Certificate and all other obligation i.e. PAYE, VAT is done once: the company is stuck off at the Companies Registry. The directors therefore apply for de-registration of the company pin upon settling any outstanding taxes owed to KRA.
    4Feb, 2022
    LINK A BUSINESS

    Why Link a business and which businesses need the linking?

     

    Linking is an important requirement by the company registrar where all businesses registered manually ( before the online registration was introduced) are able to be accessed online in the ecitizen portal.

    Linking will help you access the following services for your business:

    -Filling annual returns

    -Conducting official search.

    -Making changes e.g change of shareholding,change of directorship, change of registered office

    -Conversion eg a sole proprietorship to a limited company etc

    among others.

    It is advisable to comply with the requirements so that to enjoy all services that may otherwise hinder you from accessing very important services.

    Kindly contact us for linking services on info@jamiicapital.co.ke or 0768-050-866

    1Oct, 2020
    ACCESS TO GOVERNMENT PROCUREMENT OPPORTUNITIES (AGPO)

    AGPO is a program in Kenya that was launched in 2013 with the aim of facilitating the enterprises owned by women, youth and persons with disabilities be able to participate in Government opportunities.

    For the purpose of benefiting from preference and reservations schemes, an enterprise owned by youth, women or persons with disabilities shall be a legal entity that:

    • Is registered with the relevant government body;
    • and has at least seventy percent membership of youth, women or persons with disabilities and the leadership shall be one hundred percent youth,women and persons with disabilities, respectively

    The three groups eligible for AGPO registration and who benefit from it are discussed in detail below.

    1. YOUTHS

     Who is a youth?

    A ‘Youth’ as defined by the Kenyan constitution, refers to a  young person  between the ages of 18 years and 35 years.

    A youth-owned enterprise refers to a legally registered business in the form of a sole-proprietorship, partnership or limited company. For both the partnership and the limited company, the ownership in form of capital invested or shares owned should be at-least 70% for the youth.

    REQUIREMENT FOR REGISTRATION

    • National Identity Card/ Kenyan Passport – youth are from ages 18 years to 34 years old
    • Business Registration Certificate/ Certificate of Incorporation
    • CR12 for Limited Company from Registrar of of Companies (system generated soft copy)
    • Partnership Deed for partnership business
    • Tax compliance certificate
    • National Construction Authority Letter/ Certificate for construction category

    2. PEOPLE WITH DISABILITY ( DIFFERENTLY ABLED)

        “Disability” as per the meaning assigned to it under the Persons with Disabilities Act, 2003 means a physical, sensory, mental or other impairment, including any visual, hearing, learning or physical incapability, which impacts adversely on social, economic or environmental participation.

    Note:All persons with disabilities seeking preference in Government procurement must provide their National Council for Persons with Disabilities (NCPWD) registration number.

    REQUIREMENT FOR REGISTRATION

    • National Identity Card/ Kenyan Passport
    • Registration Document from the National Council for persons with disabilities
    • Business Registration Certificate/ Certificate of Incorporation
    • CR12 for Limited Company from Registrar of of Companies (system generated soft copy)
    • Partnership Deed for partnership business
    • Tax Compliance Certificate
    • National Construction Authority Letter/ Certificate for construction category   

    3. WOMEN

    Who is a woman?

    A “Woman” means a person of the female gender who has attained the age of eighteen years and includes a company, association or body of persons, corporate or unincorporated in which at least seventy percent of the shareholders, members or persons and a majority of its directors are of the female gender.

    REQUIREMENT FOR REGISTRATION.

    • National Identity Card/ Kenyan Passport
    • Business Registration Certificate/ Certificate of Incorporation
    • CR12 for Limited Company from Registrar of of Companies (system generated soft copy)
    • Partnership Deed for partnership business
    • Tax compliance certificate
    • National Construction Authority Letter/ Certificate for construction category

    For you to enjoy procurement opportunities in Kenya it is advisable to have your business registered for AGPO.

    19Feb, 2019
    Register To Be A Contractor

    The National Construction Authority in short NCA Kenya is a body constituted under Act No. 41 of 2011 Laws of Kenya. Contractors operating or willing to undertake construction operations in Kenya are required by law to register through the NCA

    NCA is mandated to clear Kenya builders and contractors as a way of eliminating rogue contractors and malpractices in building and construction. The authority, which has recently started inspecting construction and building projects around the country to ensure high quality of work and close projects posing health risks and collapse hazards, is expected to provide the regulatory framework for registration and renewal of contractors.

    WHAT DO U NEED TO BE FULLY REGISTERED AS A CONTRACTOR?

    • Academic certs and testimonials  for the technically qualified directors.
    • CR12
    • Certificate of Incorporation.
    • Certified copy of current business   licenses.
    • Certified copy proving ownership of assets.
    • K.R.A  valid tax compliance certificate.
    • If applying for electrical engineering, attach a certificate of ERC( Electrical Regulatory Commission)
    • Three years audited accounts and other relevant financial information.
    • Contractors association membership certificate.
    18Feb, 2019
    What is the aim of the Access to Government Procurement Opportunities (AGPO) Program?

    The aim of the AGPO program is to facilitate the enterprises owned by women, youth and persons with disability to be able to participate in Government opportunities.

    This is will be made possible through the implementation of the legal requirement that 30% of Government procurement opportunities be set aside specifically for enterprises owned by these groups. As a result, the program is aimed at empowering them by giving them more opportunities to do business with Government

    NB:For the purpose of benefiting from preference and reservations schemes,an enterprise owned by youth, women or persons with disabilities shall be a legal entity that:

    • Is registered with the relevant government body;
    • and has at least seventy percent (70%)membership of youth, women or persons with disabilities and the leadership shall be one hundred percent youth,women and persons with disability, respectively.

    YOUTH

    ‘Youth’ as defined by the Kenyan Government, refers to young people between the ages of 18 years and 35 years. A youth-owned enterprise refers to a legally registered business in the form of a sole-proprietorship, partnership or limited company. For both the partnership and the limited company, the ownership in form of capital invested or shares owned should be at-least 70% for the youth.

    PERSONS WITH DISABILITY

    “Disability” as per the meaning assigned to it under the Persons with Disabilities Act, 2003 means a physical, sensory, mental or other impairment, including any visual, hearing, learning or physical incapability, which impacts adversely on social, economic or environmental participation. All persons with disabilities seeking preference in Government procurement must provide their National Council for Persons with Disabilities (NCPWD) registration number.

    WOMEN

    “Woman” means a person of the female gender who has attained the age of eighteen years and includes a company, association or body of persons, corporate or unincorporated in which at least seventy percent of the shareholders, members or persons and a majority of its directors are of the female gender.

    29Jan, 2019
    ACCESS TO GOVERNMENT PROCUREMENT OPPORTUNITIES.(AGPO)

    ACCESS TO GOVERNMENT PROCUREMENT OPPORTUNITIES.(AGPO)

    Access to Government Procurement Opportunities (AGPO) certificate  enables Youth, Women and Persons with Disability who own businesses access to opportunities for government tenders and contracts.

    The target groups for these procurement opportunities are:

    • Disadvantaged Groups (Youth, Women, and Persons with Disability)
    • Small Enterprises
    • Micro Enterprises
    • Citizen Contractors
    • Local Contractors
    • Citizen Contractors in Joint-venture or Sub-contracting arrangements with foreign suppliers

    Requirements For YOUTH/ WOMEN

    Original scans of:

    1. National Identity Card/ Passport – youth are from ages 18 years to 34 years old
    2. Business Registration Certificate/ Certificate of Incorporation
    3. CR12 for Limited Company from registrar of business names
    4. Partnership Deed for partnership business
    5. Tax compliance certificate
    6. National Construction Authority Letter/ Certificate for construction category

    Requirements For PERSONS WITH DISABILITIES

    Original scans of:

    1. National Identity Card/ Passport
    2. Registration Document from the National Council for persons with disability
    3. Business Registration Certificate/ Certificate of Incorporation
    4. CR12 for Limited Company from registrar of business names
    5. Partnership Deed for partnership business
    6. Tax Compliance Certificate
    7. National Construction Authority Letter/ Certificate for construction category

    Benefits of registering for *AGPO* as per the law:
    – waiver of tender securities
    – unbundling of procurement
    – 30% govt procurement
    – budgetary reservation
    – facilitation of funding
    – prompt payments.
    – invoice discounting.

     

    17Jan, 2019
    How to register an association in Kenya.

    An Association is a type of society formed by a group of people for a particular purpose or objectives as permitted by the Societies Act Cap 108.

    Associations are usually non-profit making organisations and also non-political.

    What are the requirements for registration?

    • A maximum of three names in order of preference.
    • Four objectives of the society that you intend to register.
    • Registered office:street/road/building/postal address.( If no physical office is set for the association,specific place of residence of one of the office bearers should be indicated)
    • Officials details:-ID,Phone Numbers,Postal  Addresses ,Passport  Photos (WITH A WHITE BACKGROUND) and Signatures (SIGNED ON A PLAIN PAPER SEPARATELY)
    • Members details same as those of the officials apart from the signatures.
    • A letter explaining the meaning of names incase they are provided in vernacular language.
    • In case the word Africa, International or Worldwide, Global or Professional body is used, a letter of no objection will be required from the relevant organization.
    • In case of a Community Association e.g. Forest or Water Resource Users, a letter of no objection will be required from the regulator.
    • In case of a Government institute or Alumni Association, ⁣ a letter of no objection will be required from the institution.
    • In case of a residential association, a letter of introduction will be required from the area chief or assistant chief.

    NB:

    • The membership of an association should have a minimum of 10 people and no set maximum

     

    • NAME SEARCH ANS REGISTRATION PROCESS WILL TAKE A MAXIMUM OF 120 DAYS UPON SUBMISSION AND PAYMENT.

     

    We also offer registration of other societies as follows:

    • WELFARE
    • FOUNDATION
    • ALUMNI
    • RELIGIOUS
    • PROFESSIONAL.
    • RECREATIONAL CLUB
    Whatsapp us

    Warning: implode(): Invalid arguments passed in /home/jamiiboo/public_html/wp-content/plugins/facebook-pagelike-widget/fb_class.php on line 44
    %d bloggers like this: