tag:blogger.com,1999:blog-34725338.post4140750301715352158..comments2023-11-02T18:43:07.942+03:00Comments on Startup Kenya : Differences between a Business Name (Sole-Proprietorship / Partnership) and a Limited Liability CompanyHarry Karanjahttp://www.blogger.com/profile/14088676584066449200noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-34725338.post-72927910839437232922013-08-08T18:38:48.361+03:002013-08-08T18:38:48.361+03:00You can actually register your business online. Ch...You can actually register your business online. Check out inc.co.keAnonymoushttps://www.blogger.com/profile/07197958401395068957noreply@blogger.comtag:blogger.com,1999:blog-34725338.post-92042426631150474672013-06-19T18:23:42.047+03:002013-06-19T18:23:42.047+03:00Thank you so much for this info. Now I have a ques...Thank you so much for this info. Now I have a question, if I already have a limited company but I need to start a new one which is somewhat different to the parent one, how can I associate or 'tie' the new company to the parent one.redthemanhttps://www.blogger.com/profile/03204462264401551061noreply@blogger.comtag:blogger.com,1999:blog-34725338.post-40830773181967579742013-05-12T13:12:03.796+03:002013-05-12T13:12:03.796+03:00Hi,
Great advise.
Could you please enlighten me on...Hi,<br />Great advise.<br />Could you please enlighten me on registration of LLC whereby one of the directors does not resides in Kenya. What are the obligations? <br /><br />Regards.<br /><br />PJAnonymoushttps://www.blogger.com/profile/04027971358038170956noreply@blogger.comtag:blogger.com,1999:blog-34725338.post-26686539460024559032011-04-01T14:40:18.566+03:002011-04-01T14:40:18.566+03:00@Anon April 1. Yes it is possible to start as a so...@Anon April 1. Yes it is possible to start as a sole-proprietorship and later change this to a company. Although technically what actually happens is that you cease trading as a sole-proprietorship and then use the same name to register as a company. So legally the two are separate and distinct. As for your second question, I assume you are asking about the tax implications? If this is so, then Harry Karanjahttps://www.blogger.com/profile/14088676584066449200noreply@blogger.comtag:blogger.com,1999:blog-34725338.post-73787729922456635492011-04-01T14:36:10.426+03:002011-04-01T14:36:10.426+03:00@Anon March 3. For a medical practice, either a so...@Anon March 3. For a medical practice, either a sole-prop or an LLC would work. Determining which one would better be decided by the other factors listed in the email<br /><br />@Cathy. Thanks, we're happy to hear from you.<br /><br />@Nyambura. Two things you'd need here. A company with a nominal capital that is greater than your investment, where one's shares are determined by theirHarry Karanjahttps://www.blogger.com/profile/14088676584066449200noreply@blogger.comtag:blogger.com,1999:blog-34725338.post-9099899131910172792011-04-01T11:56:20.457+03:002011-04-01T11:56:20.457+03:00Is it possible to start up as a sole proprietor th...Is it possible to start up as a sole proprietor then as the company grows you convert to LLC?<br />2ndly,what are the legal implications on someone operating alone and from home as a realtor hence irregular income.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34725338.post-11278471923839167242011-03-22T22:28:23.749+03:002011-03-22T22:28:23.749+03:00We started a chama some time ago, we want to move ...We started a chama some time ago, we want to move that chama to the next level. serious investment, money making. we started that means we have higher shares then the other members 8. currently contributing 15000 monthly. what's your legal advice for us. to make it a company.nyamburanoreply@blogger.comtag:blogger.com,1999:blog-34725338.post-5813131045657276232011-03-22T20:36:11.503+03:002011-03-22T20:36:11.503+03:00this is great. u have already answered all my ques...this is great. u have already answered all my question. will differently keep in touch. we are starting a business.cathyUnknownhttps://www.blogger.com/profile/03457866018189901901noreply@blogger.comtag:blogger.com,1999:blog-34725338.post-520050829794223262011-03-03T01:27:45.258+03:002011-03-03T01:27:45.258+03:00what would you recommend for one who wishes to sta...what would you recommend for one who wishes to start a medical practice-sole or LLC?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34725338.post-34807151023140413662011-02-18T10:41:53.219+03:002011-02-18T10:41:53.219+03:00This comment has been removed by the author.Harry Karanjahttps://www.blogger.com/profile/14088676584066449200noreply@blogger.comtag:blogger.com,1999:blog-34725338.post-49192283470582704872011-02-18T10:20:52.785+03:002011-02-18T10:20:52.785+03:00hi
my friend and i are starting a business toget...hi <br /><br />my friend and i are starting a business together, what would you recommnd we go for ? we dont have that much money but its a huge venture which might n=mean we go for a loan. what are your thoughts ? wht are the leagl requirements of a partnership ?<br /><br />tephWanjiku Ndung'uhttps://www.blogger.com/profile/14675771697406918379noreply@blogger.comtag:blogger.com,1999:blog-34725338.post-24318356847438305142011-01-21T18:42:41.598+03:002011-01-21T18:42:41.598+03:00Anon,
Like I mentioned before in Kenya there are ...Anon,<br /><br />Like I mentioned before in Kenya there are only three legally recognized business structures: sole-proprietorship, partnership and limited liability company.<br /><br />In practice most consultants will register as either a sole-prop or partnership. In this case the business name is usually suffixed with 'consultants'. To register as a consultant it is necessary to submitHarry Karanjahttps://www.blogger.com/profile/14088676584066449200noreply@blogger.comtag:blogger.com,1999:blog-34725338.post-83755975673465367852011-01-14T17:13:07.460+03:002011-01-14T17:13:07.460+03:00Some people operate as consultants rather than com...Some people operate as consultants rather than company. is that a legally recognized institution?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34725338.post-77037097236496652011-01-14T12:40:26.265+03:002011-01-14T12:40:26.265+03:00Thanks Anon
Sorry I don't understand what you...Thanks Anon<br /><br />Sorry I don't understand what you mean about the mysterious 'consultant'Harry Karanjahttps://www.blogger.com/profile/14088676584066449200noreply@blogger.comtag:blogger.com,1999:blog-34725338.post-74718852738227227172011-01-10T18:07:05.508+03:002011-01-10T18:07:05.508+03:00Great post.
Can you also do one on the mysterious...Great post.<br /><br />Can you also do one on the mysterious 'consultant'?Anonymousnoreply@blogger.com