Companies are one of the biggest businesses in Kenya that play a vital role in the growth of the country’s economy and also in creating financial freedom among citizens. A company is the best venture for you due to the high-demand niche in the country at large.
You can start a company that will specifically perform a certain business in the country. In this article, I am going to walk you through a very informative detail that will help you establish a successful company business in Kenya. Are you curious to know how much it cost to open a company in Kenya?
The cost of opening a company in Kenya ranges from Ksh. 1,000,000 to Ksh. 500,000,000. This cost mainly caters for the company’s registration, start-up cost, among other costs.
You may also wish to know the cost of registering a company in Kenya which ranges from ksh.5,000 to Ksh. 30,000 depending on the type of company you are registering.
Different Companies And Their Registration Cost
Different types of companies have different registration fees.
Private Limited Company.
Private limited company registration cost is Ksh. 11,000 and you will be able to get a certificate of incorporation.
Construction Company
You may also wish to start a construction company in Kenya. The cost of registering a construction company in Kenya is averagely Ksh. 20,000.
Foreign companies
Foreign companies can also be formed and run here in Kenya. The cost of registering a foreign company in Kenya ranges from Ksh.25,000 to Ksh. 30,000. This caters for all the charges required for registration.
Betting Companies
You may be interested in knowing the cost of starting a betting company in Kenya which is averagely Ksh.20,000,000 to Ksh.100,000,000. This company requires a lot of money because it is one of the money companies business in Kenya.
Security Companies
Also, security companies offer a lot of job opportunities for many citizens and this can be a good venture that will fetch you a lot of cash. The cost of starting a security company in Kenya is basically Ksh. 500,000.
Final Word
To sum up, companies have brought more good than harm to the society at large as it creates several job opportunities for citizens in the country leading to Kenya’s economic growth.
