Author:
Edward Omondi,
Business & Immigration Consultant
Last updated: 29 May 2026
Biz Brokers Kenya provides reliable nominee director and nominee shareholder services in Kenya for investors, founders and businesses that require a local representative, privacy support, company registration assistance, tax registration support or bank account facilitation.
A Nominee shareholder is an individual who holds shares or stock in a company on behalf of the actual owner or beneficial owner under a Nominee agreement. The nominee director serves as a proxy for the beneficial owners.
A nominee Director likewise is an individual appointed as a director in a company on behalf of the actual director to represent the interests of the nominator in the company board.
| Service | Practical purpose | Important safeguard |
|---|---|---|
| Nominee director | Appears as director and acts under the nominee agreement and written instructions of the beneficial owner. | Nominee service agreement, resignation letter, CR9 notice and clear written authority limits. |
| Nominee shareholder | Holds shares on behalf of the actual or beneficial owner under a nominee agreement. | Share transfer certificate, predated transfer of shares and resignation affidavit. |
| Power of Attorney support | Allows the beneficiary director or shareholder to participate in company activities without appearing as director or shareholder in company records. | The scope of authority must be carefully drafted and should not require unlawful action. |
A nominee director or shareholder is normally used for different purposes but largely a nominee shall step in:
Nominee director service may also be used where a client does not wish to be personally appointed as a director in a company and opts to nominate someone in his place in order to guarantee his privacy or for any other reason.
We provide reliable Nominee director / shareholder services in Kenya.
The cost of nominee director or nominee shareholder services depends on the company structure, the nominee role, the period of appointment, the risk profile of the business, bank signatory requirements, compliance obligations and whether additional documents such as a Power of Attorney or share transfer safeguards are required.
| Item | What affects the quote |
|---|---|
| Nominee director appointment | Whether the nominee is required only for incorporation, tax registration, bank account support or ongoing company operations. |
| Nominee shareholder appointment | Shareholding percentage, share transfer safeguards and beneficial ownership documentation. |
| Nominee agreement and compliance documents | Complexity of instructions, indemnity clauses, resignation documents, CR9 notice and transfer documents. |
| Bank signatory support | Whether the nominee is required to act as a signatory, attend bank onboarding or sign documents under written instructions. |
| Ongoing compliance risk | Nature of business, sector licensing, tax obligations, reporting duties and exposure of the nominee to liabilities. |
Share your company structure, the purpose of the nominee appointment and whether you need company registration, KRA PIN, tax compliance, bank account support or ongoing nominee service.
The exact requirements depend on whether the nominee is being appointed for a new company, an existing company, a foreign-owned company, tax registration, bank account opening or ongoing company compliance.
Kenyan company law and beneficial ownership compliance should be handled carefully. A private company in Kenya must have at least one director, and a nominee who appears in company records may have legal responsibility. Kenya’s beneficial ownership regulations also require a person acting as nominee shareholder or nominee director to disclose nominee status and provide particulars of the nominator to the company.
Official reference: Companies Act, 2015 and the Companies (Beneficial Ownership Information) Regulations.
In Kenya when incorporating a limited company there must be at least one director / shareholder. The nominee director will be listed on the registrar of companies as the legal director / shareholder, and will officially have control of the company.
Because nominee arrangements affect beneficial ownership and control, the arrangement should be documented, disclosed where legally required and supported by clear written instructions.
Under Kenyan jurisprudence, an individual (Nominee) who incorporates a company to acquire any benefit, will not be allowed to allege later when liability arises, that they cannot be sued because they are nominee directors. Hence it is imperative to protect both the director and the nominee.
To protect the clients we have a number of measures which include but are not limited to:
The Beneficiary shareholder or the client shall then be at liberty to effect changes to the company at any moment in accordance with the nominee agreement, company documents and applicable law.
A nominee director may be held personally liable for wrongdoing by the beneficial owner or the company. This is why proper documentation, lawful instructions, compliance checks and clear indemnity arrangements are important.
In order for the Nominee service agreement to operate smoothly, we propose the following guidelines:
It is important to note that a Nominee Director will be held personally liable for any wrongdoing by beneficial owner or your company. Hence the need for best business practices and compliance.
We can review your structure, advise whether nominee director or nominee shareholder support is suitable, prepare the nominee agreement and help you complete the appointment safely.
Nominee arrangements should be handled together with company law, beneficial ownership compliance, tax compliance and lawful instructions. The following sources are useful for formal reference:
A nominee director is an individual appointed as a director in a company on behalf of the actual director, nominator or beneficial owner. The nominee represents the interests of the nominator and acts under a nominee agreement.
A nominee shareholder is an individual who holds shares or stock in a company on behalf of the actual owner or beneficial owner under a nominee agreement.
The parties agree on the scope of appointment, sign a nominee service agreement, prepare a Power of Attorney where required, and execute control safeguards such as resignation letters, share transfer documents and CR9 notice of cessation documents.
A beneficial owner may request the nominee to act as a signatory to the company bank account. The nominee director should only act in that capacity under the written instructions of the beneficial owner and within the nominee service agreement.
The nominee should not convene a board, sell or assign shares, impair company assets or take material action without the express written instructions of the beneficial owner, unless required by law.
Kenya’s beneficial ownership regulations require persons acting as nominee shareholders or nominee directors to disclose nominee status and provide particulars of the nominator to the company. The company should keep and update the required registers and filings.
We assist with nominee director and nominee shareholder appointments, nominee service agreements, Power of Attorney support, resignation and share transfer safeguards, company registration support, tax registration support and related compliance guidance.
For fast and reliable Nominee appointment services in Kenya, make that call now.
Get started with Biz Brokers Kenya today: +254 757 884 710 | Email: info@bizbrokerskenya.com | Chat on WhatsApp