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

Announcement

16 Jun 2016

On 16 June 2016, the government of Kenya announced that as of 15 June 2016, it will fully enforce the 'Companies Act 2015'. This full enforcement of the 'Companies Act 2015', for the first time, introduced a domestic ownership requirement for newly registered foreign companies in the country.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Jun 2016

Revocation date:

20 Sep 2016

Updated: 16 Jun 2016

FDI: Entry and ownership rule

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 Ke...

Related State Acts

20 Sep 2016

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

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