Introduction Crowdfunding is raising funds to fund a project or a business through a website, internet-based portal, or technological application (crowdfunding platform) that allows interaction between investors and issuers. One will require authorization from Capital Markets Authority (CMA) to operate a crowdfunding platform. Investment-based Crowdfunding campaigns: the process of crowdfunding in exchange for shares, debt…
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Legislative & Regulatory Update
The Anti-Counterfeit Authority (ACA) began recordation information concerning registered intellectual property (IP) (patent, trademark, utility models, among others) to create a database on IP to enhance measures of reducing counterfeit products imported to Kenya. If you are an importer, you must declare to ACA any goods entailing IP - whether it is your IP or another person.…
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Premium & Efficient Immigration Permits in Kenya
Premium & Efficient Immigration Permit Services in Kenya Immigration matters in the country are governed by the Kenya Citizenship Immigration Act, No. 12 of 2011. Foreign nationals keen to operate in Kenya must obtain a permit. The Permits are issued by the Director of Immigration Services and enable a foreigner to engage in trade, employment,…
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Establishing a Trust in Kenya
Introduction A trust, regardless of the type as provided below, is considered invalid if it is meant to conduct or engage in anything illegal in Kenya, lacks identifiable or ascertainable beneficiary, uncertain terms making it impossible to achieve its purpose, settlor’s lack of legal capacity to create the trust; or established by duress, fraud, misrepresentation,…
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