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Registering a company in Kenya in 2020

The main advantages of starting a business in Kenya include:

  • Favorable conditions for the establishment of a tourism, mining and energy company;
  • The availability of 7 trade zones;
  • Tax incentives;
  • High investment attractiveness of the region;
  • A relatively simple registration process.

Business registration – from €3,390

Company registration period – from 3 weeks

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Kenya is an independent country located in Eastern Africa on the Indian Ocean coast. Kenya is the main financial and trade center of the continent.

The territory, with an area of 582650 km², includes savannas, lakes, the Great Rift Valley and uplands.

If you are planning to register a company in Kenya and open an account with an African bank, note that:

  • Official languages are: English, Swahili.
  • Population: over 44 million people.
  • Currency: Kenyan shilling (1 USD is approximately 100 shillings).
  • The country is a member of COMESA, EAC.
  • The state neighbours are: Somalia, South Sudan, Uganda, Ethiopia and Tanzania.

Tourism and the service sector are the main sources of income for the country. More than half of GDP comes from service industry. Therefore, registering a travel company in Kenya or opening a Kenyan trade company can be a good solution.

Popular types of business activities

If you want to set up a company in Kenya, we recommend that you take a closer look at the following options:

  • Registering a mining company in Kenya. The country is rich in minerals, but due to the predominance of agriculture in the economy, oil and gas deposits have not been discovered, and deposits of non-ferrous metals, soda, salt, fluorite, rubies and minerals are practically not developed;
  • It is profitable to set up an export company in Kenya and open a Kenyan agricultural company for cultivation of the flowers, coffee, sugarcane, fruits, vegetables, tea, corn and cereals are grown in the country;
  • Registering a farm in Kenya. Livestock is also well-developed;
  • Setting up a Kenyan production company. There are ship repair workshops, car assembly plants, salt factories, factories for the manufacture of textiles, batteries, cigarettes, alcohol and soap in Kenya. Also, you can open your business for printing industry, agro-processing, cement industry and oil production activities.

For more information, you can ask for qualified advice on business registration process in Kenya and legal assistance in opening an account for a company in Kenya from IQ Decision lawyers.

Read also:
Legal forms & tax regime

Most investors choose to register a LLC in Kenya. The reason for registering a LLC in Kenya (EPZ) is the presence of 7 export trade zones in which there are 10-year tax holidays for corporate tax, as well as exemption from VAT on commodity imports (16% in other cases) and no stamp duty.

Legal form

Corporate tax


Minimum share capital





Free Zone LLC







97 000 USD






n addition, you can open a branch in Kenya (corporate tax rate is 37,5%).

To learn more, please request for individual advice on company registration procedure in Kenya from IQ Decision experts.

Business benefits

Setting up a Kenyan company and opening a corporate account with a Kenyan bank can be a profitable decision, according to the following:

  • Obtaining a license in Kenia takes up to 4 weeks;
  • Kenya has a well-developed export infrastructure;
  • Renting a premium office space in Kenya costs less than $ 11.5 per 1 m2;
  • Opening a company in Kenya will give you an opportunity to manage your financial flows remotely;
  • 80% of Kenyans speak English;
  • Cheap workforce: the salary can be $ 40 a month;
  • Very cheap mobile communication and Internet.
How to open a bank account in Kenya

If you are interested in setting up a company in Kenya remotely and opening an account for a Kenyan company, then we recommend that you consider the following banks:

  • ABC Bank;
  • Standard Chartered;
  • EcoBank;
  • Barclays Bank Kenya;
  • KCB;
  • National Bank.

If you decide to open a business in this jurisdiction, then you can ask for personal advice on company registration process in Kenya from IQ Decision specialists. Also, we can provide you with legal support services in opening a Kenyan bank account.

The information outlined in the article is actual at the time of its publication. Please refer to our specialists for checking possible solutions for your business.

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