Author name: Denis Agutu

Dormant firms hit plan to lift the corporate veil on true owners

An estimated 60 percent of private firms are yet to disclose a list of their beneficial owners risking fines in the hundreds of thousands of shillings alongside sanctions, including the inability to conduct business with the government. New data from the Business Registration Service (BRS) shows only 40 percent of private firms or 276,014 companies …

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Right to Reply: Remove red-tape at companies registry to spur business growth

We refer to an opinion piece published in the Business Daily on Tuesday, 24th January, 2023 on page 24, titled “Remove red-tape at companies registry to spur business growth”. Please allow us to make some clarification on the issues raised as follows: For further enquiries and clarification, please contact Corporate Communication via Communication@brs.go.ke KENNETH GATHUMA …

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