Global Trade Alert
Global Trade Alert

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

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January 201 the current national regulations concerning the domestic ownership requirements for foreign companies are repealed.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jan 2017

Revocation date:

No revocation date

Updated: 20 Sep 2016
FDI: Entry and ownership rule In force

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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