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Kenya: The government introduces a 30% domestic ownership requirement for foreign companies

Description

On 15 June 2016, the government of Kenya enforced in full the ‘Companies Act 2015’. This law for the first time introduces the necessity for all the newly registered foreign firms in Kenya (i.e. firms...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

15 Jun 2016

Revocation date

20 Sep 2016

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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