Kenya

Ease of Doing Business in

Malaba - Kenya

This page summarizes Doing Business data for Malaba. The first table shows its rank among 13 cities/regions in Kenya. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Sub-Saharan Africa
Income Category Low income
Population 41,609,728
GNI Per Capita (US$) 820.00
Ease of Doing Business Rank among 13 cities in Kenya Top city in Kenya
1 Malaba
Topic Rankings Rank among 13 cities in Kenya Top city in Kenya
Starting a Business 6 Thika
Dealing with Construction Permits 1 Malaba
Registering Property 4 Mombasa
Enforcing Contracts 3 Garissa

Subnational Data


Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

Indicator Malaba Sub-Saharan Africa OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
10 8 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
45 34 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
43.1 67.3 4.5

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
0.0 116.0 13.3
No. 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 14 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 3 days KES 4,000
8 Register with the National Social Security Fund (NSSF) 1 day KES 400 (transportation)
9 Register with the National Hospital Insurance Fund (NHIF) 1 day KES 400 (transportation)
10 Make a company seal after a certificate of incorporation has been issued 5 days KES 4,000 (company seal: KES 3,000 + courier: KES 1,000)

Subnational Data


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