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The idea of a business startup is always enthralling until you consider the business registration process. To say the least, most of us possess entrepreneurial skills that could align us with Elon Musk and other fortune 500 companies, if only we got past the business registration stage.
Anyone with even a half-decent data plan knows that consulting google about the registration process, and particularly here in Kenya, is no headache at all. The information is probably on every business platform. We could just as quickly sing the process out if we were asked to, but how many of us can actually pull it off. Considering almost every phase requires more from you than the former?
For so long, it has been misrepresented that only a specific class of people could have big incorporated organizations, e.g., individuals from a pedigree of businessmen and women, those from business school, or those running other businesses.
Such classes can claim to understand the corporate world due to their exposure. However, it is critical to note that times have changed. Today, anyone can easily register, start and run a business provided they partner with the right team.
Think about this, what is an engineer or a doctor supposed to make of an article of association? What is a Memorandum of association to a farmer who has silos filled with grains? Such people most likely would give anything to venture into the business world but lack the knowledge on how to go about it. More so, they legitimately have more important things to do than sit around trying to figure out an AoA.
An advocate is, in most instances, suggested for business registration. This is usually because the process requires someone with a good understanding of the legal world to make sense of some Companies Act concepts.
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Business registration may sound like an easy task in theory, but it becomes evident that there is more to it than meets the eye when approached practically. Anyone who has even in the least bit interacted with the constitution will appreciate its complexity resulting from the use of technical and legal terms. The same case applies to the Companies Act 2015.
Entrepreneurs will often forego the agonizing business registration process and opt for a small “kiosk” or merely just owning a small unregistered organization that won’t burden them with all the hectic tasks that come with the registration of a business/company. This may result in overlooking the significance and benefits of registering the business.
One could argue the process has been eased with the introduction of Huduma centers and the eCitizen platforms and with reasonable justification. Nevertheless, the process still takes a bit longer than if you had engaged an accredited and well-known agency to carry out the task for you at a reasonable charge.
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The advantage of engaging an organization like Certified Business Solutions is taking over the entire burden for you. I.e.
- Help you determine the best type of business/company to register depending on the type of business/company options at your disposal.
- Educate you on the importance and advantages of deciding on a particular type of business.
- We will do a thorough name search relative to your interest.
- Prepare a custom Memorandum of Association as well as the Articles of Association for a business.
- Professionally and systematically document your organization’s objectives and functions.
- We shall liaise with all the potential Company directors both within the country and outside the country.
- Determine the percentage of each director’s shareholding capacity, if any.
- Fill out the business registration forms, i.e., The CR1, CR2 CR6, CR8 & CR10.
Our end goal is not to speed up your organization’s registration process and abandon you once it’s done. Be sure to check out some of the other ways our team works to ensure that your organization performs exceptionally in all aspects, even after registration. I.e., all further statutory demands are met, your business activities are completed efficiently, and all your finances are given the attention they so well deserve.
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