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A comment on Kenya: Foreign companies to face 30 per cent local ownership rule. Parent comment

Re:Kenya: Foreign companies to face 30 per cent local owners... by adzicg on Sunday July 24, 2016 @06:47PM (#12155288)
is it really the entire company or 30% of the local office? seems fairly straightforward to burden the local office with IP payments to the mothership and have no local profit/ dividends then, kind of making the local owners little more than rubber stamping officials
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Re:Kenya: Foreign companies to face 30 per cent local owners... by morgante on Sunday July 24, 2016 @07:26PM (#12155454)
That's actually part of the problem. Such rules discourage forming companies directly in the local jurisdiction and encourage keeping local investment to a bare minimum.
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