Here at Upplex we offer company secretary services for companies. By outsourcing the company secretarial tasks to specialist professionals, directors can rest assured that their compliance responsibilities are in good hands.
It is a misconception that "one size fits all" in companies. The Companies Act contains many "alterable provisions" – many of which define the divisions of powers between directors and shareholders. While less costly to establish, a shelf company will not make provision for a company's specific requirements. Shareholders might well be advised to take professional advice about the provisions in the company's Memorandum of Incorporation from the outset. In addition it should be considered whether there are matters which should be incorporated in a shareholders' agreement. Early planning can avoid costly consequences in due course.
All company details which constitute public information are registered at the Kenya Industrial Property Institute (KIPI) or require to be maintained in perpetuity at the company's registered office. The latter will include, for example, registers and company minutes. In order for a company to remain on the register, certain resolutions, as well as an annual return incorporating up to date financial information and changes in directors and officers, required to be filed with KIPI. In order for actions by the company to be valid and legally binding it is critical that administrative requirements of the Companies Act are complied with meticulously.
We offer a registered office (peace of mind) facility to all of our limited liability clients. This facility provides the business with its formal address for service of notice and a repository for its statutory records but most importantly, it ensures that your statutory obligations are managed in a timely fashion. Our specific administration services include:
Formation, Registration & Amendment of Companies & Trusts
Preparation of Minutes & Resolutions
Conversions of Corporations
Maintenance of Statutory Records
Amendments to & Registration of Statutory Details at the Registrar of Companies
Registered Office Facility
Statutory Registrations
Deregistration of Companies & Trusts
Submission of Annual Returns for Companies.
