Midrib Business Resource Centre

Thankyou for doing business with us.

"Transforming ordinary spaces into extraordinary hubs for business success and customer connections. 💼🛍️


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Statutory compliance has little or no direct contribution to your sales.
However failure to comply will guarantee you a doomsday at some point in time. The first step is knowing what statutory compliances apply to your business.
Talk of: KRA Tax, EPRC, DOSHS, Public Health, Fire & Safety, Copyright Authority....

But you can't know it all!

As a micro and small enterprise you'll need a partner to walk with you, to guide you and to shield you incase of an invasion by the government.
We are the perfect partner for you.
Unlike others, we'll never forsake you.

Let's be friends, Talk to us 0703430213.

The Government through an Act of Parliament has re-introduced:
TURNOVER TAX & PRESUMPTIVE TAX.
Every business is required to pay presumptive tax upon renewal or application of business permit this year at 15% of amount paid to the respective County government for single business permit.
Every business is also expected to file turnover tax every month with deadline fixed at 20th day of the following month at 3% of the total monthly sales.
Presumptive tax will be offset against the payable Turnover tax.

Talk to us on: 0753356100/0703430213.
Stay informed, be informed, Stay Safe.

PRESUMPTIVE TAX.

- Took Effect This January 2020.
- This applies to all businesses with annual sales below Kshs. 5M.
- It is paid at 15% of amount paid for a single business permit.
- It is due immediately a business permit is renewed or applied.
- It is used as an advance tax to offset the Turnover tax payable.

Penalty
Late payment will attract a 5% penalty on the tax due whereas late filing attracts a KSh 5,000 penalty per month.

Talk to us on 0753356100/0703430213.
email. [email protected]

All you need to know about:
KRA TURNOVER TAX(TOT).

- It was re-introduced this year 2020 and took effect on January 1st 2020.
- Applies to all businesses with annual sales below Kshs. 5M.
- Filed and paid every month.
- 3% of the Total Monthly Sales(Turnover) must be filed by 20th of the following month.

Penalty:
Late payment will attract a 5% penalty on the tax due whereas late filing attracts a KSh 5,000 penalty per month.

Who is Exempted from TOT?
- Limited Companies.
- Professional and Management service businesses.
- Persons registered with VAT.
- Employment income
- Rental income.

Midrib Business Resource Centre.
Phone: 0753356100/0703430213
Email: [email protected]

"If we all clean our doorsteps, the whole world would be clean". Mother Theresa.

We can keep your books right, file your returns and prepare payroll for your business every month. We'll help you manage your social media content too and facilitate company/Business Registration. Talk to us: 254 703 430 213.

Talk to me about...

The sight of an achievement is the greatest gift a human being could offer to others.
—AYN RAND

LIMITED COMPANY REGISTRATION, NCA REGISTRATION, TAX COMPLIANCE, COMPANY PROFILES, TAX RETURNS, YAGPO, DIRECTORSHIP CHANGES

Call/Text/Whatsap Stephen : 0703430213.

CHECKLIST
1) Limited Company Registration-2 days
2) Business Name registration- 1 day
3) Tax Compliance Certificate -1 day
4) Profile for tender- 1 day
5) YAGPO/ WAGPO facilitation- 2days
6) NCA certificate facilitation- 8 days
7) Audited Accounts
8) Changing Company Shareholding- 2 days
In the business since 2008
9) CR 12 Processing -1day
10) Registrar of Companies returns - 1day
11) Supply of ETR machines-1 day
12) Filling all KRA returns- 1 day

1. BUSINESS REGISTRATION SERVICES

A. LIMITED COMPANY
IT TAKES STRICTLY 3 DAYS.
Requirements
1. The Proposed name, Copies of ID and KRA pin
DELIVERABLES
• Certificate of incorporation
• Kra pin and tax compliance application for the company
• Copies of CR1 and CR2

ADVANTAGES OF LIMITED COMPANY
1. Separate legal entity and can own property in its name.
2. Has its own KRA Pin, Tax Compliance and incase of tax litigations, it doesn’t affect the owners/directors.
3. Will survive even if the director dies/ becomes bankrupt.
4. One person can own a limited company under the current system.
5. A limited company can usually do all businesses/activities as it has much wider scope compared to a business name.
6. Since a limited company can exist into the foreseeable future, it therefore has great trustworthiness and can win bigger contracts.
7. Even one person can own limited Company

B. BUSINESS NAME
(Sole proprietorship or Partnership)
It takes 2 days- I only require copies of your IDs and Personal Kra pin certs

C. CESSATION (CONVERSION OF BUSINESS NAME TO LIMITED COMPANY)
I only need the copy of the business name certificate plus the items outlined in Section (A) above

D. NCA REGISTRATION FACILITATION
1. Comprehensive Company Profile, Director’s IDs, CR12, Certificate of Incorporation, and Tax Compliance

E. TENDER DOCUMENTS AND TENDER FILLING
1. Comprehensive Company Profile- 1 day
2. Logo plus letterhead - 1 day (we will send you at least 3 logos to choose from)
3. YAGPO (Youth Certificate)-2 days
4. CR12- takes 1 day
5. Lost certificate of incorporation and replacement of Business Name

F. WE ALSO FACILITATE NGOs, FOUNDATION and TRUST REGISTRATION
Requirements
• Minutes appointing officials
• List and contacts of all the members
• Constitution

F. TAX CONSULTANCY SERVICES
We assist our clients in the following tax related areas
• Rental income tax issues
• Personal tax issues eg Tax Compliance Certificate for both company and Individuals
• Business VAT and income tax
• Assisting in pursuing the tax Compliance certificate
• Book keeping Preparation of tailored financial statements e.g for loan facilities

G. KRA PIN REGISTRATION
• Just call us wherever you are and we will assist you
Please kindly feel free to consult us in case of any clarification
Those out of Nakuru can just scan and send us ID copies and Pin certs for registration

CONTACT US:
Midrib Business Resource Centre - Nakuru.
Tel: 0703430213
Email:[email protected]

Speaking in Public has never been easy to anybody. Even the greatest speakers have to prepare before delivering a keynote speech.
Our business is to ensure that you are able to communicate effectively in your day-to-day business activities. If you want to speak like the leader you are, train with experts.
If you are in Nakuru, Register here: https://docs.google.com/forms/d/e/1FAIpQLSfkBxLen1SNWiHskMSpnpA-2IovvZJO9YJosbz-KmvDggM-Xw/viewform?usp=pp_url

Your business used to be a "one-man-guitor" until tasks overwhelmed you. You now have an extra hand(s) which helps you perform a hoard of business chores. At this level, you need to trust your people but the last thing you should do is trust them 100%. Always confirm your maths every day throughout the year. And if the maths overwhelm you, always talk to us. We are excited about numbers and that's our business.
Talk to us today. 0703430213.

If you don't operate your business alone, then you could be loosing some money and stock without knowing. Our MSME package has taken care of that. We'll give you a customized book keeping technique that accounts for every activity in your business. From that, we'll prepare the different accounts statements and reconcile your bank statements as required, and prepare your returns in time. Our mission is to seal all leakages in your business accounts and keep you secure from the law.
And unlike others, we won't leave you at any cost.
We Are There For You, When You Need Us Most.
Text/Call/Whatsap. 0753356100/0703430213.

Many start-ups are complaining that their timing was not right. That they came in at a tough economic time. Truth be told, starting a business has never been easy. It may be getting harder and harder but the fact is, there could not have been a better time to start your business than now.

Being on the right track is not enough. You need to keep moving, lest you get ran over.

Working with businesses has given us a good understanding of how small business start-ups grow. Record keeping sits at the centre of every business. Every: purchase, sale, debt, credit.... Every expense, personal spending, rent, salary, wages.... Every legal fee, stipends, allowances, discounts......every expenditure and side incomes must all be put into record when acrued or incurred. This way, you are able to calculate progress periodically and restrategize.
Talk to us for a customized book keeping technique.

Company Registration and Business registration facilitation services made easier.
Company Registration 3 days
Business Registration 1 day.

Starting your own business was the best decision you ever made in your life. If it gives you Kshs. 100 every day for the last one week, stick to it. Next week, it'll give you Kshs. 102. Next month it'll give you 110 and before mid next year it'll give you a thousand. Just stick to it. Tough times never last.

Photo courtesy of depositphotos.com

You got a personal or Company KRA PIN but you know very little about it. You could be accumulating penalties in the tune of hundreds of thousands. Talk to us wherever you are in Kenya, we'll check it out and get you sorted.

For your social media account to have good traffic, you need to have relevant content flowing on your account on a regular basis. If you are not good in social media, you need to employ somebody who is good in it or good still you can now outsource with us at an affordable price and get connected to the joy of social media marketing.

A Business Resource Centre provides businesses with all the resources they need most under one roof. You can outsource majority of your daily activities including customer care, secretarial, accounting, marketing among others. This greatly reduces your recurrent expenditure while your business gets a taste of professionalism in it's daily undertaking.

Let your things be done in the right way from the Start avoid unnecessary trouble in future.

We Are With You When You Need Us Most

Do you need tax support services in South Rift Region? Nakuru, Laikipia... Penalties, removal of obligations, filing returns, PAYE, VAT, TOT, Capital Gains, Tax, Company PIN...
Talk to us now: 0703430213/0753356100

Business mentorship is at the core of the Entrepreneurshulip journey. It involves guiding the entrepreneur through the tried, tested and trusted sure business paths to follow before bringing on board the new tricks.

Don't be cheated that to succeed in business, you just need to get started.
You need to start the right way.
You'll need a detailed business plan, launch your business and then, keep your books in order. Incase you need help in above, we're here for you.
Come rain come shine, we'll never leave you.
"We're with you when you need us most."

17 skills every entrepreneur must have to be successful.

Article by Sujan Patel
Entrepreneur and Marketer, Co-founder of Web Profits
February 9, 2015

There’s a question that haunts every would-be entrepreneur – and many actual entrepreneurs – every day: “How do I know if I have what it takes?” Yes, the Internet is full of ideas, tips, tricks and even awesome quotes . But do you actually have the skills? Find out -- here are 17 skills every entrepreneur must have to be successful.
1. The ability to manage money.
Very simply, if you can’t manage money, you can’t manage a business. Do you know where your money goes each month? Do you live off less than you earn? If the answer to these questions is no, you’ll struggle to manage a business budget as well.
2. The ability to raise money.
Once you can manage money, can you get more? In order to get investment, you need to not only understand where to get money, but how to convincingly make a case that your business is a good risk as well.
3: The ability to relieve stress.
Stress is no laughing matter. If you allow yourself to get frustrated and upset by setbacks, you’ll struggle as an entrepreneur. Learning how to use stress to your benefit is essential.
Related: 7 Simple Ways to Relieve Stress Now
4. The ability to be productive.
This is a big topic, because there’s no one right way to be productive that works for everyone. Learn about your peak energy times, your routines, and the productivity tools that work for you in order to create your own plan for success.
5. The ability to make entrepreneur friends.
According to entrepreneur Jim Rohn, “You are the average of the five people you spend the most time with.” So who do you want to be? Improve your odds of success by finding entrepreneur friends who will be able to understand your struggles and give you much needed insight.
6. The ability to identify strengths and weaknesses.
As a business owner, you don’t need to be perfect at everything. You do, however, have to understand where you’re strong and where you’re weak. Assessing this will inform everything from the business decisions you make, to the partners you bring on, and to the employees you hire.
7. The ability to hire effective people.
Speaking of hiring, this is easily one of the most important skills any entrepreneur could have. Having great people on your team will give you access to new strengths, while also building a company culture that people want to be a part of. Hiring the right people is essential to get where you want to go.
Related: 5 Effective Hiring Tips for Early-Stage Startups
8. The ability to train new staff.
When you bring on someone new, a robust onboarding process will ensure that they know what to do and not do. Not only will this help keep your company moving the correct direction, it will increase the commitment level of good employees and give you grounds to follow up on misconduct.
9. The ability to manage staff.
Once you have the right people, you need to manage them well. Early on in your business’s growth, you’ll be everyone’s manager, so it pays to be effective. If you don’t already know how to manage, take the time to learn how to motivate, encourage, and develop your staff.
10. The ability to conduct basic SEO.
In the beginning, you’ll be doing the work of every business department. With that in mind, do you understand basic SEO and digital marketing ? If not, you’ll want to brush up on this area before you launch a business.
11. The Ability to A/B split test.
A split test is a simple process that involves running a scenario two ways to test a possible change. It’s commonly used to make websites effective, but it can be used in many areas of project management and marketing as well.
Related: How to 'Split Test' Your Website to Engage Online Customers Better
12. The ability to connect via social networking.
Along with SEO, social networks represent a key part of any business’s marketing strategy. Not only will you need to understand each platform, you’ll want to arm yourself with the best strategies for getting your startup and personal brand noticed on each one.
13. The ability to focus on your customers.
To be clear, without customers, you have no business. Make sure all of your pitches, products, and services are focused on actual customer needs. If you don’t know what these are, research and ask questions so that you’re able to give great customer service.
14. The ability to close a sale.
Letting customers know you understand their pain is important, but asking for the sale is where many entrepreneurs get stuck. If you’re nervous about this step, try enrolling in a sales workshop to learn these much-needed skills.
15. The ability to spot new trends.
Business moves fast, so you’ve got to have the ability to see changes coming in your industry. Make it a point to keep up to date on new startups and the advances in technology that could be poised to disrupt your field.
16. The ability to deal with failure.
No business venture is a straight line to success; knowing how to deal with ups and downs is essential. Remember that every successful person out there failed dozens of times before getting a win. Failure isn’t the end - it’s just a data point on the way to success.
17. The desire to improve your world.
In the end, the best and most enduring motivation is to make a positive change in the world. When you focus your business and your success on that top priority, you’ll find yourself ready to weather any storm to meet the goal.
Don’t let this list intimidate or discourage you. Being an entrepreneur is a big task, but all of these skills can be learned. If you notice one you’re lacking in, go get it! Your eventual success depends on it.