How to register a sole proprietorship in Kenya
Why Choose Sole Proprietor!
• Easy to register.
• Minimal requirements for registration.
• Only requires 1 person to register.
• Affordable and low registration fees.
• Can be upgraded to Limited Company at any time.
How It Works!
In order to register a sole proprietorship company, you need to meet the following;
1. Name of Business – A name search needs to be performed first as part of the registration process.
2. Nature of business – You will need to come up with one specific nature of business.
3. The Physical Address of the principal place of business – (Plot No., Section and Name of Street or Road, Name of Building)
4. Postal Address
5. Address of any other place of business - This is only applicable to businesses that are currently operating business in other counties or have other branches under the same business name.
6. Your Full Names and any other partners
For instance, it is highly recommended to use Susan Chemtai Maingi instead of Susan C. Maingi.
A Sole Proprietor Business, will require only one person whereas
for a Partnership Business, require minimum of at least two people with a maximum of 20 people will be required.
7. Nationality – You will also be required to avail your nationality as indicated on your identification documents e.g. Kenyan, British, American, Korean, Nigerian etc.
8. Age – You must make sure that you have provided your correct age based on your ID/Passport
9. Gender – Here you either state Male (M) or Female (F).
10. Usual place of residence
11. Other business occupation– Your occupation
12. Signature at the back page of the BN2 Form document
Duration:
The full process only takes up-to two working days
For inquiries on this, contact us on 0712107233 or visit our official website https://www.companysecretariesafrica.com