With the vast growth in Technology comes effective solutions and innovations. Many business have embraced this by taking their businesses online.
Most recently in Kenya, company registration took a new direction. The company registration process in Kenya is now set to go digital. Initially the process would take a longer waiting time, but with the recent news from the State Law Office, Kenya is yet to enjoy the benefits. Most of the services offered by the registrar of companies are now carried online and via mobile phones at the comfort of the applicants.
Why digital company registration?
This move has given Kenyans a great ease from the long waiting process before getting their business fully registered. The initial company registration process was a nightmare to the business persons. The applicants only need to have a personal identification number (PIN), passport-sized photos and eight hundred shillings (KShs 800/=) which is payable via M-pesa. This is set to take a single day unlike the initial duration which would take up to 30 days waiting time for a full company registration period.
The State Law Office, with its digitized records, looks forward to having this performed to completion in a day. This is also with obtaining Business permits, Tax registration, NSSF and NHIF registration as well as making a company seal. Initially these would take up to ten (10) working days.
The news was backed up by the 14 million shillings deal between the State Law Office and Safaricom to ensure investors can register their businesses through mobile phones at their own convenience.
Conclusion
This step has brought Kenya closer to other East African States like Tanzania and Rwanda that have already implemented the online business registration services. Using this method to register your business as more advantages, among them; time saving, effective and resourceful
