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11
Sep

HOW TO CONVERT A BUSINESS NAME INTO A LIMITED COMPANY IN KENYA

Convert A Business Name Into A Limited Company In Kenya – Most Start Ups in Kenya start as a Business Name and then Later on convert the Business Name into a limited Company. The process to convert a Business Name into a Company in Kenya is usually undertaken so that the Business can enjoy the Benefits of a Limited company that include but are not limited to the Following;

  • A Limited Company in Kenya is regarded as an Independent legal Entity, so as a shareholder your liability is limited to the extent of your share Contribution in the company.
  • They outlive the life of the Shareholders in case of death of a shareholder because the shares can be transferred to another entity.
  • A Limited Company has a strong competitive advantage that allows for larger profits.
  • A Limited Company provides a more professional image. In some instances, certain sectors, contractors or agencies will prefer to work with a Limited Company because of the legal protection it provides.

The Procedure to Convert a Business Name into a Limited company in Kenya is as Follows

  • The First step will be to link the business on the BRS Portal so as to verify information details and Business ownership.
  • The next step will be to deregister the Business Name by Filling form BN 6.
  • Upon successful deregistration, the business will cease operations, and then you will be free to register a Company as per the requirements for Company Registration in Kenya under the Company’s Act.

We hope that you found the Information helpful, Feel free to Contact Us for any clarification on how to Convert a Business Name into a Limited Company in Kenya.

All the Best

7
Aug

How to Find Agents & Distributors in Kenya

How to Find Agents & Distributors in Kenya – Finding Agents & Distributors in Kenya can be at times a Daunting task for Companies and Business owners looking to expand their Market into this region. This However negate the need to find Local Agents and Distributors to help you access the Kenyan Market and also the Larger East and Central African Region with a total Population of about 140 Million People.

We follow the following simple steps To help you Find Agents & Distributors in Kenya .

  1. We start by identifying your Company, Product and Service offering and then together with you we help you identify the Geographical Area and the Demography to Target. This then informs on whether a Company or an individual would be the best fit taking into consideration the Commission to give and the kind of Sales Volumes to expect from the Agent.
  2. The 2nd step is to analyze your Particular needs, Products, Services and Current Distribution channels available in Kenya and then recommend on the Most efficient methods to bring import your product / service, r on the best Set Up for you and the distribution Channels to embrace.
  3. The 3rd Step is to analyze the various Agents and Distributors in our Database and carefully selecting the ones that perfectly match your requirements. On Average we send you a list of about 15 Agents/ Distributors and incase the list is not Sufficient enough we normally run Specific Ads targeting agents that fit in your requirements. This Process is Climaxed by the Process of helping you choose the Best Agent/Distributor
  4. On the 4th step we help you Negotiate and Contract the Agents and Distributors making sure that your interests are well taken care of, The commission Plan is well captured, the obligations of each party is well captured and a clear conflict resolution criteria is explicitly stated.
  5. Lastly we shall from time to time check on the Performance of the Agent and distributor in Kenya giving them the necessary support to ensure that their targets are met and also guiding you on the necessary changes in the Market and Kenyan Laws that might affect the performance of the uptake of your Services and products in Kenya.

We really hope that this blog has answered your questions on how best to find Agents & Distributors in Kenya. Feel free to Contact Us Today for a detailed explanation on how best to Find Agents & Distributors in Kenya or for a customized approach that suits your specific needs.
Many thanks and all the best 🙂

21
Jul

Front Office Administrator Job at East Africa Business Consultants

Front Office Administrator Job  – East Africa Business Consultants is a Subsidiary of Enticing Africa Group Limited Headquartered in Kenya and with Branch office in Branch Offices in Uganda, Tanzania, Rwanda and Burundi and soon expanding to South Sudan, Zambia and Congo and with Business Associates in Ghana, Nigeria and South Africa. The Group of Companies is in the process of reviewing its strategic plan and consequently wishes to engage various professionals to enhance its capacity to implement the plan.

Location: Nairobi

Duties for the Front Office Administrator Job

  • Manage the reception area to ensure effective telephone and visitor handling to maintain professional image of the Group of Companies.
  • Making appointments and reservations both internally and externally for staff in the Group of companies
  • Receiving and assisting clients/visitors at the reception, greeting them in a courteous, warm, and professional manner Promoting a positive image of the Group of Companies
  • Receiving, sorting, registering and forwarding incoming mails to the relevant Departments for action.
  • Routinely perform basic typing, filing, and clerical work as requested
  • Performing basic office administrative and HR duties assigned.
  • Attending to all incoming and outgoing calls of the Group of Companies
  • Attending to all Social Media Queries for the group of companies
  • Operate office machines, such as photocopiers and scanners

Front Office Administrator Job Qualifications

  • Possess a Diploma in secretarial studies from a recognized institution preferably KNEC, or Degree in Human Resource/Business Administration.
  • Proficient in Microsoft Office to include: Word, Excel, and PowerPoint
  • Be excellent interpersonal skills and integrity
  • Good command of both English and Kiswahili languages
  • Have ability to work under pressure and independently
  • Three (3) years relevant experience in a similar position in a busy organization with HR and administrative responsibilities.

How to Apply

If you meet the above qualifications, skills and experience send CV to info@eastafricabusinessconsultants.com.

State your salary expectation in your email.

Application Deadline is 28/07/2018

Only the shortlisted candidates will be contacted

12
Jul

Telecommunications licensing in Kenya

Telecommunications licensing in Kenya – The Communications Authority of Kenya is the Regulatory Authority for the communications sector in Kenya. The Authority is responsible for facilitating the development of the information and communications sectors including Broadcasting, Multimedia, Telecommunications, Electronic, Commerce, Postal and Courier Services.

In this blog we are going to talk about the whole process for Telecommunications licensing in Kenya

Telecommunications licensing in Kenya – Outline

The Telecommunication Market Structure is divided into 6 market segments under the unified licensing framework. The market segments include:

  1. National network facilities provides
    1. Tier 1
    2. Tier 2
    3. Tier 3
  2. International network facilities providers
    1. Submarine cable landing license
    2. International gateway license
  3. Non-infrastructure service providers
    1. Application service providers
    2. Content service providers
  4. Terminal equipment providers
    1. Telecommunication terminal equipment contractors
    2. Telecommunication technical personnel
  5. Private very small aperture terminals (VSAT)
    1. Operated through VSAT hub operators licensed in Kenya
    2. Operated through foreign VSAT hub operators
  6. On time authorisation
    1. GMPCS landing rights authorization
    2. Business process outsourcing

Requirements for Telecommunications licensing in Kenya

The licensing process commences with the submission of a duly completed application form available at the authorities website. The applicants must meet the following conditions:

  1. Be registered in Kenya with the Registrar of Companies as a Company, Sole Proprietor or a Partnership
  2. Have a duly registered office and permanent premises in Kenya
  3. Provide details of Shareholders and Directors
  4. Registered Companies are required to have at least 20% local shareholding on or before the end of three years after receiving a license
  5. Provide Evidence of Compliance

At the conclusion of the licensing process, the applicant is advised of the outcome in writing. If the application is approved, the applicant is given a maximum of six months within which to take up the offer, failing which he/she may be required to apply a fresh if still interested in the license. The license must be put into operation within 12 months from the date of issuance.

It is a requirement that all electronic communications systems be type approved by the authority before they are activated. The authority inspects all networks before they are out into operation.

We hope that this Blog answered all your questions about Telecommunications licensing in Kenya. Feel Free To Contact Us for any clarification on the same or for compliance.

All the Best 🙂

12
Jul

How to Register an Insurance Agency in Kenya

How to Register an Insurance Agency in Kenya – The insurance industry is licensed and regulated by the Insurance Regulatory Authority. The authority is guided by the Insurance Act. The Authority work is to practice regulation and supervision that enables the industry players to be innovative and entrepreneurial. The Authority deploys significant resources in monitoring market behaviors, compliance and solvency issues.

After a person has registered their company they then contact the Authority for licensing.

This is the Procedure on How to Register an Insurance Agency in Kenya

  1. The applicant or its principle officer must have passed or been exempted from Certificate of Proficiency (COP) examination for Insurance Agents. The examination is offered by the College of Insurance.
  2. Documents as proof of nationality. Note that all agents must be East African citizens.
  3. Confirmation by the principle officer of the insurer whom the applicant proposes to be an agent certifying that the applicant has the knowledge and experience necessary act as an agent.
  4. A certified copy of the certificate of registration of business name reflecting the kind of business applied for. In case of corporate agent the following also be required A certified copy of the certificate of registration of business name reflecting the kind of business that applied for or a certificate incorporation
    1. A copy of the articles of association or rules and regulation
    2. Details of the shareholders or partners
  5. A Statement of all the classes of business the proposer intends to transact
  6. All proposal and policy forms of all the classes of business the proposer intends to transact, including all endorsements and other written matter appertaining to the same
  7. The premium rates the proposer intends to use
  8. The reinsurance arrangements
  9. Location of office and branches if any

For more information on licensing you can visit the Insurance Regulatory Authority website or Contact us for help in Compliance.

All the Best  🙂