Mombasa is a coastal city in southeastern Kenya along the Indian Ocean.
It was the first capital of British East Africa, before Nairobi was elevated to capital city status in 1907.
It now serves as the capital of Mombasa County.
Starting a Business
Procedure | Time to Complete | Associated Costs |
1. Obtain approval for the company name from the Registrar of Companies | 4 days (3 days name approval + 1 day travel) | KES 3,100 (filing fee: KES 100 + transportation: KES 3,000) |
2. Stamp the memorandum and articles and a statement of the nominal capital | 10 days (7 – 14 days) | KES 8,080 (1% of nominal capital + KES 2,020 stamp duty on Memorandum and Articles of Association) |
3. Pay stamp duty at bank | 1 day | KES 100 (bank commission) |
4. Declaration of compliance (Form 208) is signed before a Commissioner for Oaths | 1 day | KES 200 |
5. File deed and details with the Registrar of Companies at the Attorney General’s Chamber in Nairobi (Sheria House) | 14 days (14 – 21 days) | KES 5,836 |
6. Register with the Tax Department for the single taxpayer identification number online | 1 day | No cost |
7. Apply for a business permit | 2 days | KES 8,500 |
8. Register with the National Social Security Fund (NSSF) | 1 day | No cost |
9. Register with the National Hospital Insurance Fund (NHIF) | 1 day | No cost |
10. Make a company seal after a certificate of incorporation has been issued | 2 days | KES 3,000 |
Reference: County Government of Mombasa