To register a Limited Liability Partnership (LLP) under the Companies Act 2015 the following specific set of requirements are followed.
Propose at least three unique names in order of preference for the business and submit it for reservation through the eCitizen portal. The names should comply with the requirements specified in the Companies Act, such as not being similar to existing company names.
Preparation of Incorporation Documents:
- Prepare and fill out Form LLP1: It includes the names of the partners, phone numbers, postal addresses, ID numbers & residential details.
- A professional certificate & letter of no objection. One of the partners is required to provide a professional certificate to proof mastery in the field for example field in accountancy
- LLP Agreement: This is a legal document that governs the establishment, operation, and dissolution of an LLP. It entails:
- Partnership Details,
- Partners,
- Contributions,
- Management and Decision-Making,
- Profit Distribution and Loss Sharing,
- Meetings and Communication,
- Admission and Withdrawal of Partners,
- Dissolution,
- Liabilities and Indemnification,
- Confidentiality and non-compete,
- Governing Law and Amendments.
For Limited liability partnership registration requirements;
- At Least three names for search and reservation (in order of preference)
- Postal address of the partnership
- A new email address for the partnership
- Phone number of the partnership
- Registered office of the partnership (house name, Plot number, Town name & road)
- Nature of the business – the business that the partnership is formed to do eg; manufactucturing, real estates, construction, etc. A description of the activities the business will engage in.
For natural persons partners
- ID copies (strictly for Kenyans) & passport/Alien card for foreigners
- Passport photos
- KRA pin
- Phone numbers (should not be shared)
- Email addresses (must be active for correspondences from the companies’ registry and should not be shared).
- Postal addresses
- Residential details (Town, estate name & street/road)
For a corporate partners;
- Incorporation certificate copy;
- KRA pin copy;
- Phone number;
- Email address;
- Postal address
Payment of Fees:
- Payment of the prescribed registration fees.
Review and Approval:
- The Registrar of Companies will review the application and documents submitted.
Certificate of Registration:
Upon approval, the Registrar will issue a Certificate of Registration.
The LLP is now officially registered and can commence its business activities.