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

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

Kenya incorporation costs in Year 1 amount to US$8,750 and annual costs in Year 2 and thereafter amount to US$5,500. The average fee per Kenya engagement amounts to US$19,950 including company incorporation, company secretary, corporate bank account opening, VAT registration and estimated Government fees.

What business can I start with 20k in Kenya?

List of Businesses to Start with 20k

  • Selling second hand (Mtumba) Clothes. Many young people have resolved to sell this kind of clothes. …
  • Printing and Photocopying. …
  • Poultry farming. …
  • Selling Baby Diapers. …
  • Operating a Daycare/ school. …
  • Start a Car Wash. …
  • Start a Movie shop. …
  • Operating a Coffee Shop.

What business can I start with 1K in Kenya?

Businesses To Start With 1K In Kenya

  • Selling Mandazis and Chapatis. …
  • Selling Baby Diapers. …
  • Hawking. …
  • Weight Measurement. …
  • Manicure and Pedicure. …
  • Open a Grocery Stall. …
  • Selling Mitumba. …
  • Selling Boiled Eggs and Smokies.
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What business can I start with 5000 Kenyan shillings?

17 Business To Start With 5K In Kenya Or Less Today

  • Sell Cosmetics. Ladies like looking good as a matter of fact. …
  • Door Mats. Selling door mats is a business to start with 5k in Kenya. …
  • Selling Perfumes. …
  • Drinking Water Distribution. …
  • SEO Services. …
  • Flipping Domains. …
  • Selling Potatoes. …
  • Start A Juice Bar Business.

How much does it cost to create a company name?

Filing a trademark for your business name with the U.S. Patent and Trademark Office (USPTO) will cost between $225 and $600, plus legal fees. You can register with most states for $50-$150 if you don’t want protection outside your state.

How much money do I need to register a company in Kenya?

To finish registering your company, you’ll also need to pay the mandatory fee of Kes. 10,650 either through the eCitizen portal or by check or credit card at the Registrar’s office. Download your business certificate from the eCitizen platform.

How can I make 3000 a day in Kenya?

21 Simple Ways To Make 3000 In A Day In Kenya

  1. Video showing best ways to make 3000 a day in Kenya.
  2. 1). Sell your stuff on Pigiame or Jiji.
  3. 2). Trading.
  4. GET FREE $10,000 TO YOUR DEMO ACCOUNT.
  5. 3). Food Delivery.
  6. 4). Website Flipping.
  7. 5). Selling Photos.
  8. 6). AirBNB.

Can I start a shop with 50K?

If you have good business management skills, starting a grocery store can be best, with 50K in Kenya. Since most people need daily groceries in large quantities, this is an ideal opportunity for anyone who wants to make big bucks.

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How can I invest 10k in Kenya?

Here are the top 10 businesses to start with 10k in Kenya:

  1. Sell stock photos. …
  2. Drop shipping. …
  3. Sell outsourced services online. …
  4. Start an “outsourcing” agency. …
  5. Make organic soaps. …
  6. Create a course based no something you’re good at. …
  7. Gardening and landscaping. …
  8. Errand services.

How can I make 1000 KSH a day?

40 New Ideas on How To Make 1000 a Day in Kenya

  1. Money Making Apps in Kenya.
  2. Swagbucks.
  3. Pinecone Research.
  4. Triaba.
  5. Survey Monkey.
  6. Prize Rebel.
  7. Mint Vine.
  8. Rev.

Can I start a business with 10K?

You can get ideas to startup businesses under 10K. It is that easy today. Gone are the days of heavy investments and having a large capital. With only 10k or even less you can start your own business as per your choice.

Which job can I start with 20K?

7 Profitable Businesses You Can Start With 20K Or Less

  • Selling Second Hand Clothes. This has become a very lucrative business option for many young people. …
  • Printing/Photocopying. …
  • Operating a Salon/Barber Shop. …
  • Selling Boiled Eggs, Smokies Or Sausages. …
  • Movie Shop. …
  • Car Wash. …
  • Selling fruits & vegetables.

How can I invest 5K in Kenya?

How To Invest Ksh5,000 – 10 Practical Business Ideas

  1. (1)Invest in unit trusts. …
  2. (2)Invest in a Sacco. …
  3. (3)Hire a Laptop, Pay For Internet & Start Online Freelancing. …
  4. (4)Start a Blog. …
  5. (5)Write and sell eBooks. …
  6. (6)Buy airtime scratch cards in wholesale and re-sell. …
  7. (7)Mobile food delivery. …
  8. (8)Start small with stocks.

Which business can I start with 50K?

What Business Can I Start With 50K In Nigeria?

  • Noodle Stand. Starting a noodle stand is a business that is quite profitable in many parts of Nigeria. …
  • Soap Production. …
  • Perfume Oil Sales. …
  • Thrift Shop. …
  • Popcorn Production Business. …
  • Mini-Importation Business. …
  • Become A Used-Car Seller. …
  • Start A Printing/Branding Business.
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What business can I start with 30k in Kenya?

30 Business To Start With 30k In Kenya Or Less Now

  • Soap Making. …
  • Small Scale Poultry Farming. …
  • Selling Snacks, Fresh Juice and Soft Drinks. …
  • Selling of Second Hand Clothes (Mitumba) …
  • Setting Up an Agro Vet. …
  • Stationery Supply. …
  • Office Supply. …
  • Private Teaching.