Home » Kenya » Fees and timelines

Fees and timelines in 2024

Fees

payment by instalmentKenya incorporation costs in Year 1 amount to US$5,750 and annual costs in Year 2 and thereafter amount to US$1,200. The average fee per Kenya engagement amounts to US$19,650 including company incorporation, company secretary, corporate bank account opening, VAT registration and estimated Government fees. Refer to draft invoice in the table below.

Different Kenya entity types Cost Draft invoice
Tax resident LLC US$19,650 View invoice PDF
PLC US$19,950 View invoice PDF
Branch of foreign company US$16,250 View invoice PDF
LLP US$16,850 View invoice PDF
EPZ US$26,440 View invoice PDF
Fast solution US$30,710 View invoice PDF
Shelf company US$25,670 View invoice PDF

Other fee considerations

Timelines

The average Kenya company formation engagement period is 16 weeks as outlined below:

Service Duration
Engagement planning 3 weeks
Company incorporation 4 weeks
Corporate bank account approval 4 weeks
Corporate internet banking approval 4 weeks
Engagement completion 1 week
Total engagement period 16 weeks

kenya business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Kenya, please contact our in-house country expert, Mr. Kunal Fabiani, directly:
client relationship officer - Kunal