Why Corporate Governance Experts Recommend specially designed articles of association for your Start Up

Why Corporate Governance Experts Recommend specially designed articles of association for your Start Up Introduction The articles of association (AoA) are basically regarded as the “constitution of a company.” They outline the rules and regulations that stipulate a company’s internal affairs. The articles of association are also considered a user’s manual for an organization that […]

Registration of a Limited Liability Partnerships

A limited liability partnership (“LLP”) is a type of partnership where the liability of all partners is limited to the amount that they have each contributed to the partnership. This is unlike a limited partnership in which there exists at least one general partner whose liability is unlimited while the rest of the liability of […]

Registration of a Simple Partnership

REGISTRATION OF A SIMPLE PARTNERSHIP Partnerships in Kenya are governed by the Partnerships Act No. 16 of 2012 (the “Act”). A partnership is the relationship which exists between 2 or more persons who carry on business in common with a view to making a profit. Partnerships can either be general or limited. General partnerships differ […]

Understanding Employee/ Share Ownership Plan (ESOPS) in Kenya

Understanding Employee/ Share Ownership Plan (ESOPS) in Kenya What is an ESOP? An ESOP stands for employee stock/ share ownership plan. An ESOP grants company stock to employees, often based on the cadre and duration of their employment. Typically, it is part of a compensation package, where shares will vest over a period of time. […]

Non-disclosure/ confidentiality agreements: The best business practice for protecting confidentiality

A Business may wish to protect certain trade secrets and confidential information from access to third parties and the public in general. Non-Disclosure Agreements, which are also known as confidentiality agreements offer alternative protection, aside from the more common ways of protecting business interests such as copyrights or patents and especially for interests that do […]

Are you an Influencer: A look at the contractual practices in influencer marketing

What Is Influencer Marketing As social media platforms expand and evolve, the advertising industry has had to change and adapt to continue to reach more consumers. The number of social media users has registered a sustained growth over the years with approximately two billion internet users currently using social networks. With social media growing in […]

What are the Contractual Features of a brand Ambassador Agreement ?

A brand ambassador is an individual hired by a brand to promote and recommend a certain product or shed positive light on a particular brand to their network to increase sales. Following the rise of social media, brand ambassadors, (also known as brand representatives or social media influencers), have become increasingly central to the marketing […]

Defining an offer before a business transaction is made

Defining an offer before a business transaction is made An offer, according to the Black’s Law Dictionary, is a proposal, to do a thing; to present for acceptance or rejection; to hold out or proffer; to make a proposal to, or to exhibit something that may be taken or received or not. Under common law, […]

8 Reasons why the most successful startups hire a lawyer and why you should

The focus of entrepreneurs when starting a business should be developing the product and building the brand. In carrying out any business, there are teething legal issues that cannot be ignored or shelved as they are key in the development of the business. For this reason and to enable the entrepreneurs focus on business generation, […]

Corporate governance in start-up companies

CORPORATE GOVERNANCE IN START- UP COMPANIES   WHAT IS CORPORATE GOVERNANCE? Corporate governance is defined as the legal and regulatory measures taken to ensure the protection of shareholders’ interests in a company and ensure the proper direction and control of the company in line with the said laws and regulations. This definition was derived from […]