Navigating Company Secretarial Services in Kenya

Understanding the company secretarial services fees for new companies in Kenya is crucial for compliant and efficient business establishment. These services, mandated by the Companies Act, 2015, ensure your company adheres to statutory requirements, including the maintenance of crucial registers and filing of annual returns with the Registrar of Companies at Sheria House. At Mwenda Njagi & Co. Advocates, we provide transparent and competitive pricing for these essential services, ensuring your business foundation is solid.

Mandatory Compliance & The Role of a Company Secretary

In Kenya, every company registered under the Companies Act, 2015, is required to appoint a Company Secretary. This individual or firm plays a pivotal role in maintaining the company's statutory books, such as the Register of Members, Register of Directors and Secretaries, and Register of Charges. They are also responsible for filing annual returns, notifying the Registrar of any changes in the company's particulars, and ensuring compliance with legal obligations. Failure to do so can result in penalties and legal repercussions. Mwenda Njagi & Co. Advocates, with its deep understanding of Kenyan corporate law, acts as a reliable partner in fulfilling these duties.

company secretarial services fees for new companies Kenya
Mwenda Njagi & Co. Advocates

Key Services Included in Company Secretarial Packages

Comprehensive company secretarial packages typically cover a range of critical services essential for ongoing statutory compliance. This includes the initial appointment and registration of your Company Secretary with the Registrar of Companies, maintaining statutory registers accurately, and ensuring timely filing of annual returns. Furthermore, our services encompass managing changes in directors, shareholders, and registered office addresses. We also advise on corporate governance best practices and assist with board meeting minutes. This proactive approach by Mwenda Njagi & Co. Advocates safeguards your company against non-compliance.

Legal Representation in Kenya

Mwenda Njagi & Co. Advocates provides legal advisory and court representation across Kenya and all 47 counties in Kenya.

Understanding Company Secretarial Service Fees in KES

Company secretarial services fees for new companies Kenya

The company secretarial services fees for new companies in Kenya vary based on the scope of services and the complexity of the company. At Mwenda Njagi & Co. Advocates, we offer tailored packages designed to meet the needs of burgeoning enterprises. A typical annual retainer for basic secretarial services, including maintenance of statutory registers and annual return filing, can range from KES 30,000 to KES 60,000. More complex requirements, such as frequent filings or specialised advisory, may incur additional charges. We provide detailed quotations upon consultation to ensure full transparency.

Frequently Asked Questions

What are the typical costs for company secretarial services in Kenya?
Typical company secretarial services fees for new companies in Kenya range from KES 30,000 to KES 60,000 annually for standard services. This includes statutory register maintenance and annual return filing. More complex needs will incur additional fees, which are transparently detailed by firms like Mwenda Njagi & Co. Advocates.
Is it mandatory to hire a company secretary in Kenya?
Yes, under the Companies Act, 2015, it is mandatory for all companies registered in Kenya to appoint a Company Secretary to manage statutory compliance and filings with the Registrar of Companies.
How does Mwenda Njagi & Co. Advocates ensure compliance for new companies?
Mwenda Njagi & Co. Advocates provides comprehensive company secretarial services, including meticulous maintenance of statutory registers and timely filing of annual returns. We proactively manage changes and advise on corporate governance, ensuring your company remains compliant with all Kenyan legal requirements.