Doing Business in Kenya - A Handbook for Local Investors

Why this Handbook

The motivation for preparing a handbook for local investors in Kenya is the need to promote local investments. This arises from the current government efforts to
promote both local and Foreign Direct Investments (FDIs). While there is a significant material available on foreign investment promotions particularly on
investment opportunities, requirements, procedures and regulations, there is little of such material on local investments.

The recent Government of Kenya (GoK) move to simplify business licenses, the on going efforts to amend the Companies Act, the enactment of the Investment
Promotion ACT (2004) and the preparation of the Sessional Paper No. 2 of 2005 on ‘Development of Micro and Small Enterprises for Wealth and Employment
Creation for Poverty Reduction’ introduces new opportunities for indigenous Kenyan entrepreneurs. However, access to and awareness of such legislations as well as other legal business requirements and information has remained largely confined to elitist business leaders. Rural entrepreneurs in provinces, districts and other
towns may not have access to such investment information, which they could take advantage of.

This is particularly true for small-scale entrepreneurs, who, not being well informed of the necessary legal business requirements they should adhere to with respect to their enterprises, may often feel that they are harassed by local authorities. Many local entrepreneurs prefer to run their businesses in an informal state,
which hampers their potential for growth, expansion and innovation. This also prevents them from taking advantages of the incentives provided by the government
for formal investment businesses.

pdf Download Doing Business in Kenya - A Handbook for Local Investors (PDF, 900KB)Doing Business in Kenya - A Handbook for Local Investors (PDF, 900KB)

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