Understanding Bankruptcy Laws and Processes in Kenya INTRODUCTION Bankruptcy is the legal state where one is unable to meet his or her financial liabilities. This is different from insolvency which the in ability of a debtor is to pay his debts as, and when they are due. This means that one can be insolvent but...
Read MoreMaster Business Compliance to Boost Growth in Kenya’s Trade Business Compliance with local and international rules is critical in today’s global economy for any firm that wants to succeed and expand, particularly in dynamic places like Kenya. This guide goes deeply into the legality of Kenya’s commerce industry, providing vital insights for companies looking to...
Read MoreInvesting in Kenya: Mastering the Legal Terrain for Startup Success Kenya’s burgeoning startup ecosystem is rapidly becoming a beacon for investors looking to capitalize on innovative ventures and high-growth potential businesses. The allure of investing in Kenya is undeniable, offering a unique blend of opportunity and challenge within a market known for its entrepreneurial spirit....
Read MoreUnlock the Secrets of Data Protection Compliance in Kenya: Essential Insights for Your Business with CR Advocates LLP In today’s digital landscape, data protection compliance in Kenya transcends legal obligations, becoming integral to business integrity. The Data Protection Act of 2019 in Kenya is pivotal in safeguarding personal data and imposing critical obligations across various...
Read MoreSecuring Your Financial Transactions: The Excellence of CR Advocates LLP in Paymaster and Escrow Services In today’s complex and fast-paced financial environment, the necessity for a specialized, reliable intermediary in significant financial transactions cannot be overstated. This is where CR Advocates LLP stands out, offering expert Paymaster and Escrow services. Our firm is dedicated to...
Read MoreEXPLORING THE TAX IMPLICATIONS OF THE FINANCE ACT 2023 IN KENYA Introduction The Finance Act plays a crucial role in shaping the fiscal landscape of a country, and Kenya is no exception. In 2023, the Kenyan government introduced the Finance Act, bringing about significant changes to the country’s tax regime. This article aims to delve...
Read MoreTHE ESTABLISHMENT OF A DEPOSIT-TAKING MICROFINANCE BANKING INSTITUTION IN KENYA Introduction Starting a microfinance bank in Kenya requires navigating complex regulatory requirements and legal frameworks. This guide on the registration of a microfinance bank in Kenya offers a step-by-step overview of the process, including compliance with the Central Bank of Kenya (CBK) regulations, licensing requirements,...
Read MoreCrypto Assets Regulation in Kenya: Key Insights on the 2022 Amendment Bill Not so recently, technocrats devised a new digital payment system anchored on blockchain technology. Names such as Changpeng Zhao, Sam Bankman-Fried, and Brian Armstrong are spoken of highly in the Forbes Billionaires list for the huge strides made in the volatile world of...
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