At Bellmac, we simplify the process of establishing your business in Kenya. From selecting the right business vehicle to facilitating seamless registrations, compliance and assist in obtaining the requisite business licenses.
Business Set Up
Our Services Include:
1. Business Entity Advisory
Expert guidance on choosing the optimal business structure for tax efficiency, liability protection, and growth.
2. Business Registration
Fast-track registration for:
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- Business Names(Sole Proprietorship)
- Companies (Private Companies Limited by Shares/Guarantee,Public Companies)
- Partnerships & Limited Liability Partnerships
- Public Benefit Organizations(PBOs)
- Co-operative Societies
- Local Branch/Subsidiary Setup
3. Advising on and obtaining business Business Licenses,Permits & Statutory Registrations
We handle all mandatory registrations, including:
- Kenya Revenue Authority (KRA) Personal identification Number (PIN):A unique tax number issued by the KRA to track a company’s tax compliance, filings, and statutory obligations under Kenyan law.
- Pay As You Earn(PAYE):Mandatory statutory deduction for employee earning above Kes. 24,000 per month.Employers deduct and remit to KRA by the 9th day of the following month.
- Corporate Income Tax:This is charged 30% for resident,subsidiary companies and branches of foreign companies,an additional branch/permanent establishment (PE) repatriation tax of 15%
- VAT Registration:16% on taxable goods/services remitted by the 20th of the next month).It is Mandatory if annual turnover exceeds Kes. 5M
- County Business Permits: Issued by local county government, covers operations, fire safety, and advertising.
- NSSF (National Social Security Fund) and SHIF(Social Health Insurance Fund): Retirement and health fund contributions (monthly remittance).
- National Industrial Training Authority (NITA) Levy:Kes.50 per employee per month for industrial training.
- Work Injury Benefit Act (WIBA) Insurance:Covers workplace injuries
- Tax Compliance Certificates (TCC) :Proof of tax compliance, required for government tenders and licensing.
4. Domiciliation & Local Representation
- Local Business Address: Use our physical address for official registrations and compliance.
- Nominee Directors/Trustees: Our professionals act as your local representatives for government, banking, and legal requirements.