Overview In the last ten years, the number of retail chemists has increased both in rural and urban areas. In the last three years, Chemists are almost becoming like normal grocery shops in terms of being at every corner of the neighborhood. The growth can not exactly be tied to increased demand for medicine, but […]
1. Do I have to register my foreign Company before commencing operations in Kenya. It is illegal to operate a foreign company in Kenya unless it is registered in Kenya under the Companies Act, 2015. A Foreign company shall not conduct business in Kenya unless it is registered in Kenya, or has made an application […]
a. MAKING A SALE (TYPE A MACHINE) Example VAT 16%amount inclusive of VAT = KSHS.500,000 STEPS OF MAKING SALES Go to mode 1 —– or Registration mode Press Total Key in Amount Inclusive of VAT. E.g., Kshs.500,000.00 Press SH thenPLU to store the amount. Key in Item code/PLU code e.g., for Service charge key in […]
To start a LPG Retail business the following licenses are required:
Most Start Ups in Kenya start as a Business Name and then Later on convert the Business Name into a limited Company. The process to convert a Business Name into a Company in Kenya is usually undertaken so that the Business can enjoy the Benefits of a Limited company that include but are not limited to the Following;
Nowadays, the number of Sacco’s in Kenya has grown rapidly. A Sacco is a very effective way of saving and way to access quick and cheap means of raising capital. The Sacco as an entity has power that comes from having members and regular income from contributions.
Planning to start a Biashara in Kenya? Here are the Fears Entrepreneurs Face and How to overcome them.
The process of setting up a company is easy and the thought of ever separating never crosses the directors minds and hence most of them never care to come up with a strong agreement. This process is often confusing to many and can lead to a serious breach of the law if not well executed. […]
The law requires that after charging VAT, you are required to account for it to the Commissioner. The VAT legislation stipulates following ways in which you should account for the tax: