Businesses have six more months to smoke out owners in new regulation

NAIROBI, KENYA: The Government has extended by six months deadline for submission of business ownership details to the end of July.

Companies registered under the Companies Act, 2015 and the Companies Act Cap.486 Laws of Kenya (now repealed) are required under Section 93A to prepare and submit a copy of the Beneficial Ownership registers to the Registrar of Companies within 30 days of its preparation and to notify the Registrar within 14 days of any change in beneficial ownership information.