Stamp Duty Act
39. Charge of duty on capital of companies
39. Charge of duty on capital of companies
A statement of the amount which is to form the nominal share capital of any company to be registered with limited liability shall be delivered to the Registrar of Companies and a statement of the amount of any increase of registered capital of a company now registered or to be registered with limited liability shall be delivered to the Registrar, and every such statement shall be charged with an ad valorem stamp duty.Contract Notes
Source: Kenya Law