Types of Companies under Kenya Company Law

The most common forms of companies in Kenya are:*.a company limited by guarantee. Commonly used where companies are formed for non-commercial purposes, suchas clubs or charities.

The members guarantee the payment of certain (usually nominal) amounts if the company goes intoinsolvent liquidation, but otherwise they have no economic rights in relation to the company .
*.a company limited by guarantee with a share capital. A hybrid entity, usually used where the company is formed for non-commercial purposes, but the activitiesof the company are partly funded by investors who expect a return.
*.a company limited by shares.

The most common form of company used for business ventures.
*.an unlimited company either with or without a share capital. This is a hybrid company, a company similar to its limited company (Ltd.) counterpart but where the members or shareholders do not benefit from limited liability should the company ever go into formal liquidation