Obtaining Your Company Registration Number in Kenya: A Necessary Step
Learning how to get a company registration number in Kenya is a fundamental step for any entrepreneur looking to establish a formal business entity. This unique identifier, issued by the Registrar of Companies under the Companies Act, 2015, is essential for various business operations, including opening bank accounts, tax compliance with the Kenya Revenue Authority (KRA), and conducting legitimate commercial activities. Mwenda Njagi & Co. Advocates simplifies this process, providing clear guidance and support to ensure your company is registered efficiently and compliantly.
Understanding the Company Registration Number (CR12)
In Kenya, your company registration number is a crucial piece of identification. It is often referred to in documents like the CR12 form, which is an extract from the register of companies. This number verifies your company's legal existence and is obtained after successful incorporation with the Companies Registry. The registration number is used in all official correspondence, contracts, and government filings. It distinguishes your business from others and signifies its legal status as a registered corporate entity. Understanding its importance is the first step towards proper business setup and compliance with Kenyan business law.
The Step-by-Step Process to Get Your Company Registration Number
The process to get a company registration number in Kenya begins with choosing a unique company name and then proceeding with online registration via the eCitizen portal. Key steps include: 1. Name Reservation: Propose several names to the Registrar of Companies for approval. 2. Document Preparation: Gather necessary documents, including Memorandum and Articles of Association (MEMARTS), directors' and shareholders' details, and the Statement of Nominal Capital. 3. Online Application: Submit the prepared documents and application forms through the eCitizen platform. 4. Approval and Issuance: Once the Registrar reviews and approves the application, your Certificate of Incorporation will be issued, bearing your company registration number. Mwenda Njagi & Co. Advocates can manage this entire process on your behalf.
Legal Representation in Kenya
Mwenda Njagi & Co. Advocates provides legal advisory and court representation across Kenya and all 47 counties in Kenya.
Associated Costs and Timelines for Company Registration
The costs associated with obtaining a company registration number in Kenya are primarily government fees set by the Registrar of Companies. These fees vary based on the company's authorised share capital. For a private limited company, the registration fee is typically around KES 825 plus KES 100 for Stamp Duty on the Memorandum and Articles of Association. Additionally, there are nominal charges for name reservation. Professional legal services from firms like Mwenda Njagi & Co. Advocates may incur additional charges, usually ranging from KES 10,000 to KES 30,000, depending on the scope of services provided. The entire process, from name reservation to receiving the registration number, typically takes 1-3 working days if all documentation is accurate.
