BRANCH/SUBSIDIARY/FOREIGN COMPANY REGISTRATION IN KENYA

OPENING A FOREIGN COMPANY IN KENYA

OPENING A BRANCH

A branch office is not a separate legal entity of the parent corporation. A branch is just an outlet used to carry out the business of the company.

Disadvantages
i. Subjects the parent corporation to taxation on its entire corporate income (rather than just the branch’s income)
ii. Does not shield the parent corporation from liability incurred at the branch level.
iii. Losses are included in the parent company’s income statement

Advantages
i. The concept of “branches” is a simple registration system which removes the need for oversea companies to face complex procedure of incorporation.
ii. The charges of starting up a branch is less as opposed to incorporating a subsidiary
iii. The branch maybe exempted from filing the returns at the branch office

An overseas company wishing to open a branch office in Kenya should deliver the following to the Registrar of Companies:
• A certified copy of the Charter, Statutes or Memorandum and Articles of Association of the Company, or other instruments defining the constitution of the company;
• A list of the directors and secretary of the company, giving full names, nationality and other directorships of companies in Kenya;
• A statement of all existing charges entered into by the company affecting properties in Kenya;
• Names and postal addresses of one or more persons resident in Kenya authorised to accept, on behalf of the company, service of notices required to be served on the company;
Full address of the registered or principal office of the company in its home country; and,
• Full address of place of business in Kenya. CONTACT US ON 0746522216 FOR THIS SERVICES IN KENYA

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