Kenyan Law allows for various forms of registration of non-profit making entities. Some of these include Non-Governmental Organizations(NGO), International NGO, societies, trusts and companies limited by guarantee. The Privileges and Immunities Act (Cap 179, Laws of Kenya) (“PIA”) provides that where the Government of Kenya has entered into any agreement with an external agency under…
You believe in providing solutions and changing the world, one student at a time. Worry not-You are in good company. At Legal Answers Consulting, the Answers Blog is not only keen on sharing useful information, but on impact as well. This week we look at some of the legal considerations you should think about as…
This week on The Answers Blog we explore an issuing bank’s duty to the customer, and the things you need to think about as you transact with your bank as a Startup/SME in the ordinary course of business. Nature of banker-customer relationship. It is settled knowledge that a person (or a legal entity) becomes a…
You got an offer that seems irresistible to you/your startup. This week on The Answers Blog we explore 3 points to consider before you append your signature to a Shareholders Agreement. Board Structure & shareholders’ matters Some of the considerations you need to think about include whether or not each shareholder will be entitled to…
In line with our tradition, and because most good things come in three’s, here are the 3 things you need to bear in mind during the process of a merger or an acquisition: Distinction between the two Simply described, Mergers and Acquisitions (“M&A”) are transactions in which the ownership of companies, businesses or their operating…
You finally chose a legal entity, registered/incorporated it and got your approvals. Your business is ready to trade with the government of Kenya (and the rest of the world). Not quite. In a bid to level the playing field, the law was amended in 2013 to facilitate the participation of women, youth and persons with…
You are excited about your business idea, and raring to go. Power to you! But hold up for a minute, have you thought about your business name and its impact? In this series of #StartUpsLegalNeeds we will share with you 3 legal considerations that might make a huge difference in your business. Availability Your proposed…
After the light-bulb moment, you finally condensed your business idea/innovation into a workable plan. How do you discuss and pitch this brilliant idea without having it stolen? This being the first series of #StartUpsLegalNeeds, we will interrogate how to talk about it and legally protect your thoughts. Step 1. Don’t share it online Whenever you…
The Cabinet Secretary in the Ministry of Interior & Coordination of National Government(the “Ministry”), Dr. Fred Matiangi has directed that all foreigners seeking work permits will henceforth apply for the same in their countries and only come to Kenya once the application is approved. This new directive issued on 30th July, 2018, just like the…
Please note that the Ministry of Lands has migrated certain services in relation to land transactions to the e-citizen online platform, effective 3rd April, 2018. By way of a public notice on 18th April 2018, the Principal Secretary reiterated that the digitisation process is strictly in respect of administrative tasks with a view to expedite…