How much does a business license cost in Kenya?

How much does a single business permit cost in Kenya?

At the registrar of companies offices you will be given Form BN/2 Statement of Particulars Registration to fill and complete. Submit the competed application form and pay the prescribed application fees of Ksh 850.

How much is a small business permit in Kenya?

The cost for a business permit is around Ksh. 15,200 for those with five employees whereby Ksh. 200 is the application fee. The rates for a single business permit also depend on the size in square meters of your business.

How long does it take to get a single business permit in Kenya?

Requirements to Apply for a Single Business Permit in Kenya

The officer visits your business within 1-3 days to verify the company. The information obtained by the inspection team determines the fees to charge for the permit. The BR-1 form is then stamped, and you are referred to the main office, City Hall.

How much does it cost to get a business permit in Nairobi?

The approximate cost to obtain a Business Permit in Nairobi is as follows: Application fee Ksh 200. Permit fee: for a small workshop of up to 5 employees -Ksh 15,000.

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Can a foreigner start a business in Kenya?

Business Factors

Generally, Kenya requires that foreigners wanting to own, or run a business in Kenya to obtain a work permit from the Ministry of Immigration. The type of permit applied for will depend on whether the foreigner will be an owner of the business or simply an employee (to be elaborated further below).

How much does one need to start an mpesa business?

b) Minimum Float balance of Kshs 200,000 in the head office. Organization ready to avail a minimum of Kshs. 200,000 as capital to run M-PESA Agency business.

How much does it cost to get business permit?

The cost of your business license or permit depends on several factors, like license type, your location, processing fees and recurring fees. The average business license costs somewhere between $50 and a few hundred dollars plus renewal fees. However, Gilmer said some states have general business license requirements.

How can I get business permit online?

Register your business name in the Department of Trade and Industry (DTI)

  1. Prepare your business name. …
  2. Confirm the availability of your business name. …
  3. Fill up the online registration form. …
  4. Pay the registration fee. …
  5. Download your certificate.