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Saturday, June 28, 2014

Government automates registration of companies

Corporate News


President Uhuru Kenyatta at State House, Nairobi. Photo/FILE
President Uhuru Kenyatta at State House, Nairobi. He has launched a one-day company registration system to improve efficiency at the State law office. Photo/FILE 
By PSCU
In Summary
  • President Kenyatta said the service will allow Kenyans to search and reserve names for their businesses and companies from the comfort of their homes and offices.
  • To further improve efficiency, President Kenyatta said all registry services have been opened to mobile money to enable payments by M-Pesa.

President Uhuru Kenyatta on Friday launched a one-day company registration system to improve efficiency at the State law office.

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The system is expected to improve transparency of enterprises by allowing access to the full list of directors in any company registered in Kenya.
Speaking during the launch at the Attorney-General's chambers, President Kenyatta said the service will allow Kenyans to search and reserve names for their businesses and companies from the comfort of their homes and offices.
The President said the Government is committed to automation and digitisation of all its services to serve Kenyans better.
The new service is part of a comprehensive Doing Business Improvement Programme by the government.
“We will not create the jobs for our young people, if delays in service provision by Government departments impede the efforts of innovative Kenyans,” President Kenyatta said.
He said upgrading of the companies registry is one of the government flagship reforms for rapid economic growth.
“Kenya’s ranking in the Ease of Doing Business Index in the recent past has not been encouraging to many of us that are concerned about the social and economic development of our people,” he added.
To further improve efficiency, President Kenyatta said all registry services have been opened to mobile money to enable payments by M-Pesa.
Said the President, “The gains from this reform cannot be overemphasised. The clearer records this reform will enable, and the speed with which payments for company registration can be processed, will sharply reduce delay in service provision as well as opportunities for corruption.”

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