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HELB financial year begins on July of every year. This is after the reading of the budget.
Pdf of Kenya Budget statement and report for the financial year 2022/2023. This year's budget was read earlier because of the 2022 general elections. The budget statement in Kenya is normally read in the month of June. NOTE: We have attached the full budget statement that was read by the Treasury minister (CS) in parliament below. https://filesz.s3.us-east-2.amazonaws.com/2023/04/Budget-Statement-for-the-FY-2022-23.pdf
The betting control and licensing board require that you pay a total of Ksh. 460,00 for local applicants and Ksh. 910,000 for foreigners. The rest of the money will depend on how you want to structure your betting company. For instance, if you want to offer Jackpots, more money is required.
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The recent law in Kenya allows for the formation of a private limited company in Kenya by one or more person. A limited company in Kenya is allowed to have one director or member with 100% shares. However, a company should not have more than 50 members.