KEY SERVICES

BOOK KEEPING

Bookkeeping is the most basic of all accounting functions. Bookkeeping involves maintaining accurate and updated records of all of your company’s financial activity. This includes bank records, tax filings, payroll records, purchase and sale records, and regulatory filings. These records are essential to regulatory compliance. Proper bookkeeping makes other accounting functions, such as audits, payroll, and tax preparation, much simpler and less time consuming. The bookkeeping industry is so wide and diverse and quite affordable for businesses, especially startups. Instead of them hiring full time accountants which might cost them more, it is much cheaper to hire bookkeeping service providers which is the area we come in. We use different accounting software as per client’s needs, such as QuickBooks and Sage for book keeping purposes

AUDIT & ASSURANCE

Auditing is not only a statutory requirement your for company, but a valuable requirement too. It is wise to conduct periodic review and analysis of your company’s financial performance, usually on a monthly, quarterly or yearly basis. It's like a medical report but for your business's financial health. An independent audit enhances the credibility of the company’s financial statements which are relied upon by shareholders, creditors, financiers, investors, and other stakeholders. As a reputable auditing firm in Kenya, we conduct our audits in a professional, efficient manner and in compliance with International Standards on Auditing and applicable financial reporting framework. We offer Statutory audits, Forensic audits, Project audits, and Special purpose audits.

PAYROLL PROCESSING

Payroll involves managing all employee compensation, benefits, and withholdings. We manage your payroll on an ongoing basis, ensuring that all employees are compensated according to their employment agreements and benefit selections. Our payroll process is done with professionals and therefore eliminates the risk of any error, as payroll processing is a sensitive function of any organization and should be carried out with much accuracy that can be relied upon.

TAX PREPARATION

Commercial tax preparation can be extremely complex. Records and submissions must be prepared carefully in order to minimize your risk of unforeseen tax liabilities, fees, or audits. Our team will work with you to prepare complete and accurate corporate tax filings on an annual basis. Our team will also carry out monthly statutory VAT and PAYE filings for your firm.

FINANCIAL CONSULTING

Our financial consulting services are designed to provide you with expert analysis and advice regarding your company’s strategic decisions. As you consider exploring business opportunities, investments, and partnerships, it is important to understand the short, medium, and long-term ramifications of your decisions. Our financial consulting services make it easy to understand the financial impact your decisions will have on your company’s future.

OTHER SERVICES

Company Registration Services

At Brimishi Enterprises, we also we assist with the registration companies in Kenya. We provide a fast and reliable company formation service for clients in Kenya and all over the world. Any individual Kenyan or a group of people may register a company in Kenya for purposes of Business.

Foreign nationals may also freely register a company in Kenya and own it 100% without no specific restrictions. Foreign nationals who needs to own, or run a business in Kenya, are required to have a valid Business Investor permit from the Immigration Department. However, a foreign National may still own a Kenyan company or shares therein without immigration status if he does not intent to live or reside in the country.

However, there are certain sectors where Kenyan shareholding such as and not limited to Banking and financial Institutions, Betting Companies, Recruitment companies.

We offer the following company registration services:

    1. Registration of Companies in Kenya: We do offer registration of companies in Kenya including Limited Companies, Unlimited Companies, Companies Limited by guarantee, Foreign Companies, Limited Liability Partnership and Business Names. Registration of each of the above types of companies has its unique requirements and costs of registration.
    2. Change of name of Company/Business Name: The decision of change of name of company/Business Name has to be approved by a majority through a special resolution held by the company. This resolution must be filed with the registrar of companies within fourteen days after it has been passed.
    3. Conversion of Business Entity from One Form to Another: Conversion of Business Entity from One Form to Another occurs in some cases, where a company that was formed as one entity type (Private Limited, Public Limited, Business Name, etc) reaches a point where it becomes necessary or preferable to change its type to a different entity type. We do facilitate the Conversion of Business Entity from One Form to Another.
    4. Change of Directors/ Office bearers: Change of Directors/ Office bearers of a company can occur through an ordinary or special resolution of the majority of the board of directors, where the company can remove or add a director or other officials such as company secretary. Depending on the circumstances that lead to the removal of a company director the following are required: Resignation letter of a Resigning Director/Secretary, Special or Ordinary resolutions passed, Minutes of the meeting and Sworn Affidavit by the resigning director.
    5. Change of Particulars of Directors: You are required to officially lodge form CR7 to the registrar of companies in case there is any change of particulars of directors necessitated. 
    6. Change of address/location of Company: You are required to officially lodge form CR16 to the registrar of companies in case there is any change of particulars of address/location of Company necessitated. 
    7. Winding up of a company: Winding up of a company is the process of liquidating a company. While winding up, a company ceases to do business. Its sole purpose is to sell off stock, pay off creditors, and distribute any remaining assets to directors or shareholders. Winding up of a company may be voluntarily (voluntary winding up), or by the court (compulsory winding up). At Brimishi Enterprises, we do help in the full winding of a company process.
    8. Transfer of Shares by a shareholder: Transfer of shares by a shareholder is when the current shareholder passes the ownership of shares on to another member or non-member of the company. A share transfer can occur due to a variety of reasons. Usually, the shares of a corporation are transferable freely. At Brimishi, we do help in the transfer of shares process.

Pricing

We offer most of our accounting services on a time-and-materials basis. This allows you to take advantage of any of our services as needed, and prevents you from paying fees for services that you may only use from time to time.