BRS News Updates

News
Business Registration Service promotes financial inclusion
In 2017, the Government sponsored the enactment of the Movable Property Security...

News
A LAYMAN'S GUIDE TO INSOLVENCY PART 1
What is insolvency?
An individual is insolvent if he/she is unable to discharge his or her debts as...

News
A layman's guide to insolvency_ Part 2
In Part 1 of this article, we explored the various insolvency procedures that are available to an individual undergoing financial...

Clarification
Right to Reply: Remove red-tape at the 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”.

News
Dormant firms hit the plan to lift 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.