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Global Trade Alert

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Kenya: Repeal of the 30% domestic ownership requirement for foreign companies

Description

On 20 September 2016, the government of Kenya via 'Act No. 38 of 2016', established that from 01 January 2017, it will repeal the 30% domestic ownership requirement for foreign companies. The latter r...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

01 Jan 2017

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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