Announcement
20 Sep 2016
On 20 September 2016, the government of Kenya adopted Act No. 38 of 2016. As a result of this Act, from 01 January 201 the current national regulations concerning the domestic ownership requirements for foreign companies are repealed.
Source
Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
Implementation date
01 Jan 2017
Revocation date:
No revocation date
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 latte...
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