Financial Law
Financial Law
Learning how to set up your Kenya subsidiary will start with understanding any restrictions on foreigners. For example, Kenya requires any person wanting to run a foreign business in Kenya to obtain a work permit from the Ministry of Immigration. The type of permit you need depends on whether you’re acting as the owner of the business or an employee.
Different cities in Kenya have separate minimum wages depending on the type of employee, showing that location is an important factor. Various regions can also have their own Kenya subsidiary laws that impact incorporation. If you’re not familiar with the areas in the country, we recommend seeking out a consultant or lawyer who can help.
Finally, you have to choose between three types of subsidiaries — a corporation, branch office, or representative office. Each business form has advantages and disadvantages and will allow you to engage in different types of activities. Many companies decide to incorporate as a limited liability corporation because it gives them the most freedom to operate in Kenya.