How much money do I need to start a business in Kenya?

How much does it cost to start a business in Kenya?

Fees

Different Kenya entity types Cost Draft invoice
Tax resident LLC US$17,350 View invoice PDF
PLC US$18,950 View invoice PDF
Branch of foreign company US$16,250 View invoice PDF
LLP US$15,850 View invoice PDF

What business can I start with 50k in Kenya?

Below are businesses to start with 50k in Kenya as your capital:

  • Movie Shop. The huge demand of Tv shows create a great niche for setting up a movie shop for the locals in rural areas. …
  • Hardware Store. …
  • Mobile Money Agent. …
  • Farming. …
  • Milk Bar. …
  • Car Wash. …
  • Professional Cleaning Business. …
  • Boda Boda Business.

How much does a business permit cost in Kenya?

The cost for a business permit is around Ksh. 15,200 for those with five employees whereby Ksh. 200 is the application fee. The rates for a single business permit also depend on the size in square meters of your business.

How long does business name registration take in Kenya?

A Business Name registration will take an average of 3 days to process.

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What job can I start with 50K?

Here are the best businesses to start with 50k in Kenya.

  1. Butchery. Kenyans love food, especially various types of meat. …
  2. Movie shop. There is a high demand for western films and TV shows provided by streaming services in Kenya. …
  3. Salon/barbershop. …
  4. Hardware store. …
  5. Grocery store. …
  6. Mobile money agent. …
  7. Farming. …
  8. Milk bar.

Which is the cheapest business to start?

20 Cheap Businesses You Can Start in Your Spare Time

  1. Sales Consultant. Avon, Mary Kay, Pampered Chef, and Tupperware all enlist the help of local sales representatives to get the word out to shoppers about their products. …
  2. Lawn care. …
  3. Homemade gourmet foods. …
  4. Babysitting. …
  5. Cleaning services. …
  6. Catering. …
  7. Errands. …
  8. Handyman.

What should I invest in with 100k in Kenya?

28 Business To Start With 100k In Kenya For More Profits

  • Wines And Spirits. …
  • Fashion House. …
  • Sacco Investment. …
  • Pallet Furniture. …
  • Start A Travel Agency. …
  • Start An Advertising Agency. …
  • Selling Niche And Trendy Products. …
  • Sell Bonsai Trees.

How much does a shopkeeper earn in Kenya?

Salary range for the majority of workers in Shop keepers – from Ksh13,370.76 to Ksh74,779.66 per month – 2021. Shopkeepers operate small retail shops either independently or with support from a small number of others.

How much does a YouTuber earn in Kenya?

Monthly Salary Of A YouTuber

Well a YouTuber can earn up to over 1million Kenyan shillings per month. This depends on how the view count is and the number of subscribers.

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Which business I can start with 20K?

Invest just Rs. 20,000 and start-up these 10 businesses to earn lakhs

  • Driving School. To start a driving school is an excellent idea. …
  • Translation Services. …
  • Social Media Support. …
  • Second Hand Car Dealership. …
  • Ice-cream Parlour. …
  • Medical Tour Service. …
  • Day Care Service. …
  • Virtual Assistant.

What can I start with 10k?

The business ideas listed here would give you an idea of how to start something with as little as 10k.

  • Freelance writing business. …
  • Fastfood business. …
  • Social media marketing. …
  • Dropshipping. …
  • Mini importation. …
  • Small Scale Agriculture Business. …
  • Fish Farming. …
  • Small chops sales.