Company Registration

Thinking of getting into a business. It’s easier to do it now. Gone is the era of frustration at registering your business in Sheria house. Online registration and Huduma centers have eliminated the need for complex documentation and attorneys. Thanks to innovation the process has become a lot easier.

But if you’re still unsure about registration let’s look at some reasons that make it a must.

1. Registering your company protects its identity. It eliminates the risk of copycats and puts you in a place to grow the brand.
2. A limited liability company removes the fear of personal liability away from you. The company acts is a separate entity from the owners. If the company goes into debt your personal assets are safe from the auctioneer.
3. Interested in expanding your business, register it. Investors will be wary of a company that doesn’t have legal structures that support it. Registering minimizes risks in a company and increases accessibility to other financial avenues.
4. Having foreign business partners is not a problem with a limited liability company. There are no restrictions of registering a business with owners from another country. But if they plan to work in Kenya then they must apply for a work permit.
5. It’s easier to grow your company brand after registering your business. Registration opens up inaccessible markets for your business. You can compete for tenders, take part in public procurement bids and apply for grants.
6. They’ve reduced the requirements for registration. A company seal is no longer needed to register a company. Banks though might still ask you for a seal to open a company account.

The registration process is no longer a hindrance to starting a business. In lieu, it can open unlimited opportunities for your business to grow. Opportunities, the business environment, and technology have increased the chance of succeeding in business locally. Don’t be left out, consider registration as an investment.