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The Board of Investment (BOI) in Kenya is a governmental body that aims to promote and facilitate investment in the country. The BOI provides various incentives and services to attract both local and foreign investors. It plays a crucial role in fostering economic growth and development in Kenya.
There are several situations where you may require legal assistance in matters related to the Board of Investment (BOI) in Kenya. This includes setting up a business, navigating investment regulations, negotiating contracts, resolving disputes, and seeking legal protection for your investments.
In Kenya, the laws governing investments and the functioning of the Board of Investment are outlined in the Investment Promotion Act and other related regulations. These laws aim to provide a conducive environment for investment, protect investors' rights, and regulate business activities in the country.
The Board of Investment in Kenya is responsible for promoting and facilitating investment, providing incentives to investors, and supporting economic growth.
You can register your business with the BOI by submitting the required documents and following the prescribed procedures outlined by the investment promotion authorities.
Investors in Kenya can benefit from incentives such as tax breaks, duty exemptions, access to investment grants, and priority in government procurement processes.
The Investment Promotion Act, the Companies Act, and other related regulations govern investments in Kenya and outline the rights and obligations of investors.
If you have a dispute with another party in an investment agreement, you may seek legal assistance to negotiate, mediate, or litigate the matter in accordance with the law.
Yes, foreign investors can own 100% of a business in Kenya, subject to certain conditions and restrictions as specified by the regulatory authorities.
The process for obtaining an investment license in Kenya involves submitting an application to the relevant authorities, meeting the eligibility criteria, and complying with the necessary regulations.
You can stay updated on changes in the investment laws in Kenya by regularly consulting legal experts, attending seminars and workshops, and following updates from the relevant government departments.
Investors in Kenya can choose from various investment structures such as sole proprietorships, partnerships, limited liability companies, and joint ventures, depending on their business objectives and preferences.
You can protect your investments in Kenya by understanding the legal framework, drafting clear and comprehensive agreements, conducting due diligence, and seeking legal advice when needed.
For more information and resources related to the Board of Investment (BOI) in Kenya, you may consult the Kenya Investment Authority (KenInvest) website, the Ministry of Industry, Trade, and Co-operatives, and legal professionals specializing in investment law.
If you require legal assistance in matters related to the Board of Investment (BOI) in Kenya, it is advisable to seek the guidance of experienced legal professionals who can provide tailored advice and representation to protect your interests and ensure compliance with the relevant laws and regulations.