FORM cr1
[Section 13 of the CompaniesAct, 2015]
1. Thename of the company is ………………………………limited (Insertname of company as reserved)
2. Thecompany is—
(a) apublic company; or
(b) aprivate company; or
(c) acompany limited by guarantee.
(d) anunlimited company (either public or private).
(Strike out whichever kind of companydoes not apply)
3. Thecompany—
(a) hasprepared its own articles of association; or
(b) willadopt the model articles of association appropriate to the company; or
(c) willadopt some of those model articles and has prepared its own articles ofassociation to supplement or modify those model articles.
(Strike out the words that do notapply)
If the company has prepared its ownarticles or articles to supplement or modify the model articles, those articleshave been printed, dated and signed by the applicants and are attached to thisapplication.
4. Theregistered office of the company will be located at
(Here state the address where thecompany’s registered office is or will be located ……………………………………………………………………
……………………………………………………………………
5. Thefollowing are the details of the first directors, secretary and authorisedsignatory of the company
| No. | Name | Address | Identity card or passport number[1] | Nationality | Tel no. and email address | Consent to act as director/ secretary |
| | | | | | | |
| | | | | | | |
| | | | | | | |
| | | | | | | |
| | | | | | | |
| | | | | | | |
(Attach copies of national I.D, KRA-PINand passport photograph)
6. Theobjects (if any) for which the company is established are as follows:[2]
…………………………………………………………………………
…………………………………………………………………………
7. Theliability of the members—
(a) islimited by shares; or
(b) islimited by guarantee; or
(c) isunlimited.
(Delete the items that do not apply tothe company).
8. Ifthe company is limited by shares, its share capital is KShs ………… (Insert amount of share capital) dividedinto ………….. shares of KShs ………… each.
| Class of shares | Nominal value of shares | Number of shares | Total number of shares |
| | | | |
| | | | |
| | | | |
9. Theamount to be paid up (if any) and the amount to be unpaid on each share KShs………………
Date of this application: …………………………………………20 …
This application is lodged by:
………………………………………………..
Address of the person lodging thisapplication:
………………………………………………………………………………………………
………………………………………………………………………………………………
(Subscriber/Agent) (Strike outwhichever does not apply)
__________________________________________________________________________
For official use only
| Verified by | |
| Received by | |
| Approved/ not approved | |
| Reason for rejection | |
[1] Add issuing country andplace and date of issue if a passport number is provided.
[2] Note: Unless the articles of a company specifically restrict theobjects of the company, its objects are unrestricted.
FAQs
APPLICATION TO REGISTER COMPANY LIMITED BY SHARES OR
GUARANTEE OR IS UNLIMITED.
What is the statement of guarantee for a company? ›
What does Statement of guarantee mean? A statement of guarantee is a statement by each of the members of the company limited by guarantee that each member will pay for the debts and other expenses if the company is wound up.
How to register a company limited by guarantee in Kenya? ›
To register a company limited by guarantee you require the following:
- 3 Proposed names of company in order of preference.
- Objectives of the company.
- Names of the Directors of the company.
- Residential Address of the Directors.
- A Memorandum/Constitution of company.
- Contact information of the directors of the company ie.
To register a private limited company in Kenya, you must have a minimum of one shareholder. This means that, as a founder or business owner, you can be the sole shareholder of the company. Having a single shareholder simplifies the process for entrepreneurs who wish to maintain full control over their businesses.
What is the form for CR1? ›
The first step is to file a Petition for Alien Relative, Form I-130, with the Department of Homeland Security, U.S. Citizenship and Immigration Services (USCIS) for your spouse (husband or wife) to immigrate to the United States.
How do I get a CR1? ›
To apply for a CR1 or IR1 visa, you'll need to go through consular processing, which means you'll need to apply and interview at your local U.S. Embassy or Consulate.
What are the three types of guarantees? ›
Traditionally, a distinction is made between:
- Real guarantees relating to assets having an intrinsic value.
- Personal guarantees involving a debt obligation for one or more people.
- Moral guarantees that do not provide the lender with any real legal security.
For example, it must be in writing and signed by the guarantor or their authorised agent. It must also be supported by consideration, which is something of value given or promised in exchange for the guarantee.
What is an example of a guarantee company? ›
Clubs, sports associations, students' unions, and other membership organizations, workers' co-operatives, social enterprises, and non-governmental organizations (NGOs) may also form guarantee companies. Typically, a guarantee company does not distribute profits to its members nor divide its assets into shares.
What are the disadvantages of a company limited by guarantee? ›
Disadvantages of trading as a company limited by guarantee
This type of company cannot issue shares, members do not receive dividends from profits, and it does not have share capital and hence cannot raise capital. Businesses rarely use these types of the company because of all those reasons.
Advantages: Limited Financial Liability: Guarantors are shielded, liable only up to the agreed guarantee amount. Professional Credibility: The 'Limited' status fosters trust and enhances the organization's credibility among clients and sponsors.
Who owns the assets of a company limited by guarantee? ›
Who owns a company limited by guarantee? A company limited by guarantee is owned by individuals and/or corporate bodies known as 'guarantors'. Guarantors do not have any shares in the company and, generally, they do not take any of the profits.
How long does it take to get CR12 in Kenya? ›
It takes about 3- 5 days to process a CR12 from the Registrar of Companies. Please note this is not guaranteed as older companies may take longer. I have not filed Annual Returns, will i still be issued with a CR12- Yes, but the CR12 will indicate that annual returns have not been filed.
What is the difference between limited and unlimited company in Kenya? ›
We can say unlimited liability is just the opposite of limited liability. In this case, the liability that the owners and investors might have is not limited to the amount that they have contributed. This means that there is no limit to the losses that the owners or investors have to bear.
How much does one pay to register a company in Kenya? ›
Cost for Kenya company registration
A corporation's cost fluctuates depending on its nominal capital. However, the average price to register a company in Kenya is 10,650 Kenyan Shillings. The filing fee for a name inquiry is Kes. 150.
What does CR1 mean in real estate? ›
This document details the removal of contingencies by the Buyer and Seller for a residential property purchase agreement. The Buyer is removing contingencies for loan approval, appraisal, reports/disclosures, title, and their own investigation of the property.
What is the meaning of CR1? ›
The CR1 visa allows you to enter the United States as a conditional resident, meaning that after two years, you'll have to file for a 10-year green card.
What is the difference between k1 and CR1 visa? ›
A K-1 visa is a nonimmigrant visa available to couples who are engaged to get married to a U.S. citizen. A CR-1 visa is a conditional green card given to a noncitizen who is married to a U.S. citizen or green card holder living in the U.S., and the noncitizen lives abroad.
What is NYS 1 form used for? ›
Form NYS-1 is used to remit to New York State the personal income taxes that you have withheld from your employees' wages or from certain other payments (for example, pensions).
