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Starting a Business in Mombasa County, Kenya

Procedure

































Time to Complete





























    Associated Costs





1. Obtain approval for the company name from the Registrar of Companies

































 
4 days (3 days name      approval + 1 day travel)






























KES 3,100 (filing fee: KES 100 + transportation: KES 3,000)







2. Stamp the memorandum and articles and a statement of the nominal capital

































 
10 days (7 - 14 days)































 

KES 8,080 (1% of nominal capital + KES 2,020 stamp duty on Memorandum and Articles of Association)








3. Pay stamp duty at bank

































1 day






























KES 100 (bank commission)








4. Declaration of compliance (Form 208) is signed before a Commissioner for Oaths

































1 day






























KES 200








5. File deed and details with the Registrar of Companies at the Attorney General's Chamber in Nairobi (Sheria House)

































14 days (14 - 21 days)






























KES 5,836











 6. Register with the Tax Department for the single taxpayer identification number online

































1 day






























No cost








7. Apply for a business permit

































2 days






























KES 8,500








8. Register with the National Social Security Fund (NSSF)

































1 day






























No cost








9. Register with the National Hospital Insurance Fund (NHIF)

































1 day






























No cost








10. Make a company seal after a certificate of incorporation has been issued

































2 days






























KES 3,000








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