Kenya - Renewal of Investment Permit

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Procedure

Based on sufficient reason, an investment permit should be renewed annually until a project becomes operational. An application for renewal of an investment permit should be submitted at least a month before the end of one year for which the permit remains valid. The investor is also required to submit a bi-annual progress report.

In Person

• Complete a investment permit renewal Application form.
• Attach all the relevant documents.
• Attach the expired previous investment permit
• Submit to customer service center at Ethiopian Investment Agency head office.

Online Renewal

You must set up an account to be able to use the "Online Services"link". This account can be used to conduct an online service transaction, obtain information specific to your Renewal of investment Permit or check the status of your investment permit.

below are the requirements to renewal your investment permit online

• Effective 2004 through an Act of Parliament (Investment Promotion Act of 2004), The new regulation come into force on that date of publication where by Applicants for new investment permits will be Eligible for investment incentives and investment Areas reserved for Domestic investors council.
• Applicant holds only a regular investment permit that is current or has not been expired for more than 1 year.
• If applicant's investment permit is suspended, cancelled or revoked then only a limited permit can be renewed online.
• Applicant must be holding a duty free incentive permit.
• Applicants must submit a list of capital goods in Advance to be allowed to renew the investment permit online.
• Applicant must be a Kenyan resident or
• Applicant must be a Kenyan Citizen.
• A credit or debit card (Visa, Master card, American Express or Discover Card) is needed to process an online payment.

Note: Name changes cannot be processed online; legal documentation of the name change must be presented at a Customer Service Center

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Required Documents

• a photocopy of its Articles of Association
• a photocopy of the Regulation for investment Authority.
• a photocopy of its memorandum of association and Articles of Association;
• a photocopy of the power of attorney;
• a photocopy of the identity card
• a photocopy of the certificate evidencing the domestic investor status and his recent two passport size photographs;
• a photocopies of the memorandum of association and Articles of Association;

Office Locations & Contacts

KENYA INVESTMENT AUTHORITY - Head Office
Address: UAP Old Mutual Towers,
Upper Hill, 14th and 15th floor
P. O BOX 55704, Nairobi 00200
Tel: +254 (730) 104-200 / +254 (730) 104-210
Email: [email protected]
Contact Details

Eligibility

• Foreign investors;
• Foreign nationals, excluding Kenyan by birth, taken for domestic investors pursuant to Article 2(5) of the Proclamation;
• Domestic investors investing in areas eligible for incentives;
• Domestic and foreign investors making investments in partnerships.

Fees

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Validity

Valid for 5 years

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Processing Time

Processing takes 15 working days

Related Videos

Videos explaining the procedure or to fill the applications. 
Attach videos using the following tag <&video type="website">video ID|width|height<&/video&> from external websites.
Please remove the "&" inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver, 
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url "http://www.youtube.com/watch?v=Y0US7oR_t3M" Video ID is "Y0US7oR_t3M". 
	

Instructions

All Companies must register with Kenya investment Authority, and be familiar with the rules relating to the filing of investment returns. The registration to renew a investment permit generally involves a few minutes.

Required Information

• a copy of its Articles of Association
• a copy of the Regulation for investment Authority.
• a copy of its memorandum of association and Articles of Association;
• a copy of the power of attorney;
• a copy of the identity card
• a copy of the certificate evidencing the domestic investor status and his recent two passport size photographs;
• a photocopies of the memorandum of association and Articles of Association; .

Need for the Document

The Kenya Investment Authority is a government agency mandated to promote and facilitate investment in Kenya by both domestic and international investors.

An investment permit issued in Kenya can be renewed up to 90 days prior to the expiration date or if the Permit is not expired for more than 1 years.

Following are procedures on how you can renew your Investment permit in Kenya.

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Other uses of the Document/Certificate

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e.g. Birth Certificate can be used as proof of identity.

External Links

http://admin.theiguides.org/Media/Documents/InvestmentPromotionActCap485B.pdf

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