Blog Updates

Estate planning

INTRODUCTION Estate planning is a crucial process that allows individuals to manage and distribute their assets in a way that aligns with their wishes and provides for their loved ones. It involves creating a detailed plan for the transfer of property, minimizing taxes, and designating guardianship for minors, among other considerations. Proper estate planning can […]
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10 May 24

Unlocking success through Corporate Governance

Corporate Governance is a term that is normally ascribed to large corporate bodies and listed companies. However, every business, regardless of its size ought to consider using corporate governance mechanisms for it to have longevity, attract financiers and key partners.  Research has shown that companies that are properly governed have better financial results, grow faster […]
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PROBATIONARY CONTRACTS IN EMPLOYMENT

The probation of an employee is generally governed by a probationary contract. Section 2 of the Employment Act defines a probationary contract as “a contract of employment, which is of not more than twelve months duration or part thereof, is in writing and expressly states that it is for a probationary period;”  Probation allows the […]
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Employment Contracts Terms

Section 9 of the Employment Act provides for the particulars to be contained in written employment contracts. It provides that a written contract of service shall state:- Some of the key clauses employers need to take into consideration while drafting employment contracts include but are not limited to; The Regulation of Wages (General) Order, 2022 provides […]
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AMENDMENTS OF THE LIMITED LIABILITY PARTNERSHIP ACT (2011)

The signing of the Anti-Money Laundering and Combating of Terrorism Financing Bill into law instituted recent amendments in the Limited Liability Partnership Act (201). By virtue of an LLP having company traits, the amendments aimed to align LLPs in the fights against money Laundering. Some of the amendments which are key to your business include:
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UNDERSTANDING SOLE PROPRIETORSHIPS

Introduction: Embarking on the entrepreneurial journey in Kenya offers a myriad of business structures, and one that stands out for its simplicity and autonomy is the sole proprietorship. This business model is favored by many due to its ease of setup and minimal regulatory requirements. In this article, we explore the key aspects of sole […]
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NAVIGATING THE NOT FOR PROFIT ORGANIZATIONS (“NPOs”) LANDSCAPE IN KENYA: REGISTRATION, ADVANTAGES, AND DISADVANTAGES

Introduction: Not-for-profit organization (“NPOs”) play a pivotal role in Kenya’s development, addressing diverse social, economic, and environmental challenges.  The two main ways in which to register a NPO in Kenya are as below: They both serve the same functions and some of the similarities include In as much as both NPOs are not allowed to […]
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