June 6, 2017
Disclosure of beneficial ownership of shares in Kenyan companies

The Government of Kenya has published the Companies (Amendment) Bill 2017 which among other things, seeks to introduce for the first time in Kenya, a register of beneficial ownership of companies. A beneficial owner is a natural person with ultimate ownership or control.  At present, it is not known when the Bill will be passed into law and when it will come into force.

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Daly & Inamdar Advocates (previously known as Daly & Figgis) is a leading Kenyan law firm and a member of the Nextlaw Referral Network-In association with Dentons and Mackrell International, an international network of law firms ranked in Band 1 by Chambers Global

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ABC Towers, ABC Place, 6th Floor

Waiyaki Way

P.O. Box 40034

Nairobi-00100

Tel: (+254) 20 – 4297000 or 0711064000

Fax: (+254) 20 – 4448907

Mobile: (+254) 722/734 – 310304

 

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Mama Ngina Drive

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Mombasa–80100

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