Registration of a Limited Liability Partnerships
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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
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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
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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
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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
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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 Is a Synchronization License?
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A synchronization license is an agreement between a music user and the owner of a copyrighted composition (song) that grants permission to release the song in a video format (YouTube, DVDs, Blue-ray discs). This permission is also called synchronization rights, synch rights, or sync rights. Who needs a Synchronization License? Whenever you release a recording of a […]
Requirements needed to set up a company
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Do you want to setup a company? Having a business up and running most often one needs a company in order to have a structured and well aligned system to function. That is why it is advisable that you open up a company in order to run your business, because a company is a legal […]
Corporate governance in start-up companies
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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 […]
Steps to take when your copyright is or has been infringed
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Establishing legal grounds in Copyright infringement The first step towards filing a claim for copyright infringement is identifying the legal grounds on which your copyright may have been infringed. Infringement of a copyright often arises when a third party performs any acts legally granted to the copyright holder or author in relation to the […]
Lending money to a friend? What kind of investor are you? Who is an investor?
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A person or organization that puts money into financial schemes, property, etc. with the expectation of achieving a profit/ financial returns from it. The investors may include everyone, that is, from startup accelerators to Capital Markets institutions and even family members who loan money to one another. They buy into long-term strategic positions and expect […]