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Corporate Governance and Compliance: Safeguarding Business Resilience in a Complex Legal Landscape
In today’s interconnected and increasingly complex global economy, organizations face a multitude of challenges, including ever-evolving legal frameworks, regulatory changes, and an expanding array of risks such as technological disruptions and geopolitical...
Understanding the Ruling in Technoservice Limited v. Nokia Corporation
Key Legal Principles and Implications On October 11, 2024, the Court of Appeal of Kenya delivered a significant ruling in Technoservice Limited v. Nokia Corporation & another (Civil Application E610 of 2023) [2024] KECA 1429 (KLR), which reinforces the principles...
Joint Ventures – A Successful Market Entry Strategy?
Among various effective market entry options, establishing a joint venture often with a local partner or partners in the respective target market can offer a competitive, effective, and successful market entry option. Joint ventures are two or more businesses...
Starting up in Silicon Savannah
Kenya has fast become one of the leading startup hubs in Africa. With a rapidly growing and dynamic entrepreneurial landscape, Kenya’s silicon savannah has experienced tremendous growth over the past decade. A majority of startups focusing on agriculture, integration...
Is Trademark Registration Worth The Hustle In Kenya?
In today's competitive business environment, protecting your brand is essential. But is trademark registration worth the effort, especially in Kenya? Let’s break it down. What is a Trademark?A trademark is a unique symbol, word, or phrase that identifies and...
How to structure successful Distributorship Arrangements
Some Strategic and Legal Key Considerations A. BackgroundThere are various ways on how to enter a new market, expand your business within a region or increase your overall market share, one common option is to appoint a distributor for the sale of your products and...
Understanding and Negotiating Commercial Contracts successfully
In the world of business, commercial contracts serve as the foundation upon which transactions and partnerships are built. Determining whether you will get the best outcome for your business in a transaction will be based on the terms of the contract and how you...
Kenya’s FATF “Grey Listing” – What Kenyan Businesses can do to Mitigate Adverse Effects
BackgroundOn 23 February 2024 the Financial Action Task Force (“FATF”) added Kenya and Namibia to the list of countries subject to increased monitoring which is commonly referred to as “grey list”. The FATF is the global money laundering and terrorist financing...
Obtaining Immigration Status in Kenya
Kenya is a vibrant country with a dynamic economy, which has made the country an attractive destination for investment opportunities and travel. Foreigners looking to visit work or move to Kenya have several entry options. There are several immigration options to...
Unlocking the potential of the kenyan carbon market
With the signing into law of the Climate Change (Amendment) Bill in September 2023, Kenya officially sent the signal that it is open for carbon business. Before September, 2023, Kenya did not have laws specifically governing carbon credits and carbon markets. Its...
Restructuring: How to navigate your company out of debt
IntroductionBy the beginning of 2018, the Egyptian Government has promulgated a new Law no. 11 of year 2018 regulating Restructuring, Preventive Composition and Bankruptcy (the ‘Law’) which abrogated and replaced Chapter 5 of the Egyptian Commercial Law No. 17 of...
Exploring market entry options into Kenya: Special Economic Zones
IntroductionTrade is one of the key sectors in which the Government of Kenya has a keen focus, with the aim of attracting investment into the economy as well as exploiting the local trade opportunities. Previously Kenya had implemented Economic Processing Zones (EPZ)...
Corporate Tax Law in the United Arab Emirates
On 9 December 2022 the United Arab Emirates (“UAE”) has issued Federal Decree-Law No. (47) of 2022 on the Taxation of Corporations and Businesses (“Corporate Tax Law”). The Corporate Tax Law will be effective for financial years starting on or after 1 June 2023....
Changing Global Economic Landscapes – Time for Realignment of your Business Strategy and Risk Management Framework
After a challenging year with significant economic and geopolitical volatilities caused by a sharp increase in global inflation and simultaneous hike of interest rates by Central Banks across regions to contain rising inflation, severe energy crisis, and energy supply...
Legal Alert: Deadline for Mandatory IPRs Recordation in Kenya
In 2021, the mandatory recording of Intellectual Property rights (IPRs) was introduced in Kenya. In a bid to fight against counterfeiting in the country, the exercise requires mandatory recording of IPRs such as trademarks with the Kenyan Anti-Counterfeit Authority...
Highlights on Legal Updates in Egypt during 2022
IntroductionDuring the year 2022, there were vast changes in the laws, and new laws were enacted to facilitate business in Egypt. In this article, we shall keep our clients on track with highlights of the new laws enacted in Egypt or amendments to current laws that...
Why Due Diligence is Essential in Property Transactions
Due diligence is a commonly used phrase in most property transactions in Kenya but is greatly overlooked in practice. Beyond a standard search at a land registry, most purchasers do not investigate the conditions or history of a property before signing a sale...
How to get sectional title for properties in Kenya
This article discusses how sectional titles are created, the concrete steps to be taken obtain the same in Kenya and conversion of existing sub-leases. This is the second of a two part series seeking to demystify sectional title ownership in Kenya. In today’s blog, we...
Understanding the Fundamentals of Sectional Title under the Sectional Properties Act of Kenya, 2020
This is the first of a two-part series seeking to demystify sectional title ownership in Kenya. With the enactment of the Sectional Properties Act, 2020, there are a lot of questions among developers of housing estates and prospective buyers of apartments on how they...
Intellectual Property Protection: Protecting your creative Business Ideas
Introduction Intellectual property rights are rights granted to exclusive use of creative ideas. This allows creators to claim ownership and profit from their ideas. Protection of intellectual property rights can often be overlooked when setting up a business. Many...