I received this book from my good friends at KenyaBuzz on “How to set up a business in Kenya”. Reading through it, I came to a simple conclusion that it is one of the best compilation of setting up a business in .ke I’ve ever come across.
The book, is said, was conceived after the Directors of KenyaBuzz went through the process of setting a business in Kenya and found it too difficult and burdensome. They weren’t able to find any resources about what were the full set of procedures to set up a company in the country and made a lot of mistakes along the way. But after several mistake they managed to set-up KenyaBuzz.
They thus decided to put together sort of a Kenyan business set-up manual. Through this book, readers can see the general process of setting up any business (sole proprietorship, partnerships, limited companies, foreign companies and even how to acquire an already existing business – as a going concern of course!) at a glance, including the ‘average’ time it takes and the costs involved. It also includes samples of all the paperwork and tips for making the whole process smooth and cost-effective.
Furthermore, the book gives a detailed analysis on how to open a bank account for your start-up business, accounting requirements, taxation requirements and licenses from all relevant authorities (including City Council licenses – for Nairobi based businesses)
I believe this 65 page book is a must have for anyone thinking of setting up a business anywhere in Kenya. At a small investment of only Ksh.500 (≈ US$7.00), it is worth every coin. And would save you a lot of time and money too!
“A much needed step by step guide about how to set up a business in Kenya that de-mystifies the process” – Alix Grubel (Director KenyaBuzz)