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