Practice Area
Compliance, Company Secretarial & Licensing
A. Company Secretarial Services
Corporate entities registered in Kenya are required to ensure compliance with various legal and statutory requirements under the laws of Kenya to allow for the efficient and effective management of their operations.
As part of this compliance, the entity should engage the serviced of a company secretary to ensure that the entity is compliance with ethe applicable laws and regulations of Kenya and that it director and shareholders effectively run and manage the operations of the company in compliance with the law.
Netsheria has a panel of company secretaries who have vast experience in providing the following secretarial services for is clients:
1. Management of Board Affairs: Arranging for and managing board meetings for directors and annual general meetings for its shareholders in compliance with the Companies Act which include:
- Preparation and issuance of notices for board and shareholder meetings.
- Assisting in compiling and circulating the reports and attendant documentation to the directors and shareholders for the meetings; and
- Attending the meetings, taking minutes of the meeting and circulating them for signature once approved.
2. Providing company administration and corporate secretarial services including:
- Preparation and filing of statutory returns with the Registrar of Companies;
- Maintaining correct records of the company secretarial file;
- Confirming the correctness of records maintained with the Registrar of Companies; and
- Maintaining of the Company’s Statutory Books including:
- The Register of Members,
- Register of Charges and Debentures,
- Minute Books; and
- Share Certificate Register.
3. Providing routine corporate support services including:
- Advising the board on any required changes in the company structure for:
- Directorship structure,
- Shareholding structure,
- Change of company particulars including the registered office and address and company name;
- Providing general guidance to the Board with respect to company secretarial matters;
- Guiding the directors on the technical application of the Companies Act 2015 and the application of the company’s Memorandum and Articles of Association.
- Providing guidance on compliance with any rules and regulations set out under the Companies Act 2015 or by the Registrar of Companies/Business Registration Services Department from time to time;
B. Compliance and Licensing
Netsheria’s lawyers are experienced in providing advise on the regulatory compliance licensing process and precures for companies operating in various business sectors including:
- Advising on corporate law and governance compliance issues relevant to the specific area of the company’s business operations;
- Advising and assisting in applications for various business licenses and approvals from the Government, County Councils and parastatals.
- Reviewing the licensing requirements for various business sector and providing legal opinions to the company on the procedures, costs and timelines for the application process.
- Following up on the issuance of the business licenses.
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