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How To Register A New Business In Kenya

Cynthia Mungai by Cynthia Mungai
September 6, 2022
in News
Reading Time: 2 mins read
How To Register A New Business In Kenya

According to data from the Kenya National Bureau of Statistics (KNBS) and the International Monetary Fund (IMF),  there has been a 52.9 percent increase in the registration of companies in Kenya.

The advantages of registering your business include: preserving the identity of the company, safety and security, continuity, and commercial growth.

Create an account on e-citizen

Create an account on the Kenyan government’s citizen services website, or if you already have one, log in and select “Business Registration Service” under the services header.

Registration of the business name

You must specify your company’s preferred name, its kind, registered office address, ownership details, and application materials.

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Your business name will be the identification of your business. You will be required to pay Ksh150 through mobile money or debit cards.

A business name that is awaiting registration may be reserved after completing this step for a maximum of 30 days. You may extend this time frame for an additional 30 days by paying a cost comparable to the Ksh150 application fee. This will give you an extra 30 days to finish the business registration procedure.

 Important ownership details

List the names of the individuals owning the company. For each person, click “Add Proprietor” and enter the information such as Kenya Revenue Authority PIN certificate number and Kenya National Identification Card or Passport Number (applicable only to Kenyan residents).

For foreigners who are legally residing in Kenya, such as refugees, you will be required to provide personal information for verification. To do this, select the “Foreign Resident” option. For Kenyans, your date of birth, full name, and gender will be verified and filled out automatically if your registration information is correct.

Include information about where you live, including your county, district, area, and address.

Add a passport photo, then hit “Submit.”

Application documents

The system will immediately generate a “BN 2 Form” once you have provided and uploaded all the required information. Save the BN 2 Form to your computer, then sign it and upload it again.

Submission process

Once you have completed all the requirements, you will pay the Ksh950 registration cost via the website (eCitizen on business registration). Your application will be handled within 3-5 working days, subject to the number of applications submitted.

Processing of the certificate

The certificate for your business will be accessible for download on the eCitizen website where you submitted the registration application, after approval. To open a bank account for your business, you can use your Kenya Revenue Authority (KRA) PIN certificate.

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